Letairis is an endothelin receptor antagonist, and works by relaxing the blood vessels. Plans are to launch U.S. sales this week and via a co-marketing agreement with GlaxoSmithKline (NYSE:GSK), filing for approval for ROW sales and marketing are underway.
Letairis approval is certainly a feather in the cap for the Colorado bio-ecosystem. The people, the science and the supporters worked long (an understatement) and hard (another understatement) to bring this drug to market. It will be exciting to see if this talented group of individuals will roll up its sleeves and do it again. That is where the true magic happens towards building a vibrant biocluster filled with serial entrepreneurs mentoring to first timers.
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