FDA panel votes 8-5 that breo ellipta helps reduce lung disease severity (THRX) (GSK)

April 17, 2013 1:56 PM EDT
Theravance, Inc. (NASDAQ: THRX) is halted today. Headlines have an FDA panel voted 8 - 5 that breo ellipta helps reduce lung disease severity.

The panel also voted 12-1 that breo aids in airflow obstruction and reduces disease exacerbations.

Glaxo (NYSE: GSK) is a partner in development of the drug, which is being proposed as a treatment for COPD.


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