NHLBI awards final $1.9M of grant to Discovery Labs

|By:, SA News Editor

The National Heart, Lung and Blood Institute (NHLBI) awards the remainder of a Fast Track Small Business Innovation Grant to Discovery Labs (DSCO +1.2%). The $2.4M total grant provided support for the development and Phase 2a clinical trial of Aerosurf, the company's investigational drug/device combination product for respiratory distress syndrome in premature infants. It provides KL4 surfactant therapy through nasal continuous positive airway pressure and enables the infant to potentially avoid endotracheal intubation.