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Discovery Labs Receives $1.9 Million Fast Track SBIR Grant from the National Institutes of Health NIH to Support AEROSURF® Phase 2a Clinical Study

July 3, 2014

By a News Reporter-Staff News Editor at Politics & Government Week -- Discovery Laboratories, Inc. (NASDAQ: DSCO) announced that it has been awarded the final $1.9 million of a $2.4 millionFast Track Small Business Innovation Research (SBIR) Grant from the National Heart, Lung, and Blood Institute (NHLBI) of the National Institutes of Health (NIH). This award will provide support for the ongoing phase 2a clinical trial for AEROSURF®, Discovery Labs' investigational combination drug/device product. AEROSURF is in development to provide KL4 surfactant therapy through nasal continuous positive airway pressure (nCPAP) for respiratory distress syndrome (RDS) in premature infants. Discovery Labs was notified in 2010 that it was eligible for consideration under this grant program, and previously received $580,000 to support development activities related to its capillary aerosol generator technology. The company expects to utilize the $1.9 million during 2014.

AEROSURF could potentially allow for the administration of KL4 surfactant to premature infants without invasive endotracheal intubation, and may enable the treatment of a significantly greater number of premature infants who could benefit from surfactant therapy but are currently not treated.

Discovery Labs is enrolling patients into a phase 2a clinical study to evaluate the safety and tolerability of aerosolized KL4 surfactant administered to premature infants 29 to 32 weeks gestational age who are receiving nCPAP for respiratory distress syndrome (RDS), compared to infants receiving nCPAP alone. This study is as an escalating dose study evaluating three dose levels of aerosolized KL4 surfactant and is expected to be completed in the third quarter of 2014.

Keywords for this news article include: Discovery Laboratories Inc., Government Agencies Offices and Entities.

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Source: Politics & Government Week

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