AU2014227557A1 - Inhalant formulation containing sulfoalkyl ether cyclodextrin and corticosteroid - Google Patents

Abstract

An inhalable formulation containing SAE-CD and corticosteroid is provided. The formulation is adapted for administration to a subject by nebulization with any known nebulizer. The formulation can be included in a kit. The formulation is administered as 5 an aqueous solution, however, it can be stored as a dry powder, ready-to-use solution, or concentrated composition. The formulation is employed in an improved nebulization system for administering corticosteroid by inhalation. SAE-CD present in the formulation significantly enhances the chemical stability of budesonide. A method of administering the formulation by inhalation is provided. The formulation can also be administered by 10 conventional nasal delivery apparatus.

Description

WO 2005/065435 PCT/US2005/000082 Inhalant Formulation Containing Sulfoalkyl Ether Cyclodextrin and Corticosteroid BY: James D. Pipkin, Rupert 0. Zimmerer, Diane 0. Thompson, Gerold L. Mosher FIELD OF THE INVENTION The present invention relates to a method of administering, and a formulation for administering, sulfoalkyl ether cyclodextrin and a corticosteroid, such as budesonide, by inhalation. The invention also relates to methods of treating diseases and disorders of the 5 lung. BACKGROUND OF THE INVENTION The delivery of a drug by inhalation allows deposition of the drug in different sections of the respiratory tract, e.g., throat, trachea, bronchi and alveoli. Generally, the smaller the particle size, the longer the particle will remain suspended in air and the farther 10 down the respiratory tract the drug can be delivered. Corticosteroids are delivered by inhalation using nebulizers, metered dose inhalers, or dry powder inhalers. The principle advantages of nebulizers over other methods of pulmonary installation are that patient cooperation is not required and the delivery of higher doses of medication is easier. The main concerns about nebulizers, however, are their increased cost, reduced portability and 15 the inconvenience of needing to prepare medication beforehand and the increased time requirement for administering a treatment. A method of improving the administration of drugs, such as corticosteroids by nebulization would be desired. Budesonide ((R,S)-11p, 16u, 17, 21-tetrahydroxypregna-1, 4-diene-3, 20-dione cyclic 16, 17-acetal with butyraldehyde; C 25

H

34 0 6 ; Mw: 430.5) is well known. It is 20 provided commercially as a mixture of two isomers (22R and 22S). Budesonide is an anti inflammatory corticosteroid that exhibits potent glucocorticoid activity. Administration of budesonide is indicated for maintenance treatment of asthma and as prophylactic therapy in children. Commercial formulations of budesonide are sold by AstraZeneca LP (Wilmington, 25 DE) under the trademarks ENTOCORTTM EC, PULMICORT RESPULES@, Rhinocort Aqua@, Rhinocort@ Nasal Inhaler and Pulmicort Turbuhaler@, and under its generic WO 2005/065435 PCT/US2005/000082 2 name. PULMICORT RESPULES@, which is a sterile aqueous suspension of micronized budesonide, is administered by inhalation using a nebulizer, in particular a compressed air driven jet nebulizer that delivers from 2 to 18% of the drug mass contained in the nominal charge. RHINOCORT* NASAL INHALERTM is a metered-dose pressurized aerosol unit 5 containing a suspension of micronized budesonide in a mixture of propellants. RHINOCORT* AQUATM is an unscented metered-dose manual-pump spray formulation containing a suspension of micronized budesonide in an aqueous medium. The suspensions should not be administered with an ultrasonic nebulizer. The desired properties of a liquid for nebulization generally include: 1) reduced 10 viscosity; 2) sterile medium; 3) reduced surface tension; 4) stability toward the mechanism of the nebulizer; 5) moderate pH of about 4-10; 6) ability to form droplets with an MMAD of <5 pm or preferably <3 pm; 7) absence of irritating preservatives and stabilizing agents; 8) suitable tonicity. On the one hand, suspensions possess some advantages but on the other hand solutions possess other advantages. 15 Smaldone et al. (J. Aerosol Med. (1998), 11, 113-125) disclose the results of a study on the in vitro determination of inhaled mass and particle distribution of a budesonide suspension. They conclude that 2%-i8% of the nebulizer's charge of budesonide was delivered from the suspension, meaning that budesonide delivery was incomplete resulting in a significant waste of drug. In the thirteen most efficient systems, 20 the suspension can be nebulized sufficiently well for lower respiratory tract delivery. Another study further demonstrated the highly variable efficiency of nebulization from one nebulizer to another. Barry et al. (J Allergy Clin. Immunol. (1998), 320-321) state that this variability should be taken into account when treating patients with nebulized budesonide. Berg et al. (J. Aerosol Sci. (1998), 19(7), 1101-1104) also report 25 the highly variable efficiency of nebulization of PULMICORTTM suspension from one nebulizer to the next. Moreover, the mass mean aerodynamic diameter (MMAD) of the nebulized droplets is highly variable from one nebulizer to the next. In general, suspensions are less efficiently nebulized than solutions, O'Riordan (Respiratory Care, (2002), 1305-1313). Inhaled corticosteroids are utilized in the treatment of asthma and are 30 of significant benefit because they are delivered directly to the site of action, the lung. The goal of an inhaled corticosteroid is to provide localized therapy with immediate drug activity in the lungs. Inhaled corticosteroids are well absorbed from the lungs. In fact, it can be assumed that all of the drug available at the receptor site in the lungs will be WO 2005/065435 PCT/US2005/000082 3 absorbed systemically. However, it is well known that using current methods and formulations the greater part of an inhaled corticosteroid dose is swallowed and becomes available for oral absorption, resulting in unwanted systemic effects. For inhaled corticosteroids, high pulmonary availability is more important than high oral 5 bioavailability because the lung is the target organ. A product with high pulmonary availability has greater potential to exert positive effects in the lung. The ideal inhaled corticosteroid formulation would provide minimum oral delivery thereby reducing the likelihood of systemic adverse effects. The majority of the corticosteroid dose delivered to the lung is absorbed and 10 available systemically. For the portion of the inhaled corticosteroid dose delivered orally, bioavailability depends upon absorption from the GI tract and the extent of first pass metabolism in the liver. Since this oral component of corticosteroid drug delivery does not provide any beneficial therapeutic effect but can increase systemic side effects, it is desirable for the oral bioavailability of inhaled corticosteroid to be relatively low. 15 Both particle size and formulation influence the efficacy of an inhaled corticosteroid. The formulation of a drug has a significant impact on the delivery of that drug to the lungs, and therefore its efficacy. Most important in the delivery of drug to the lung are the aerosol vehicle and the size of the particles delivered. Additionally, a reduced degree of pulmonary deposition suggests a greater degree of oropharyngeal deposition. 20 Due to a particular formulation employed, some corticosteroids are more likely to be deposited in the mouth and throat and may cause local adverse effects. While receptor distribution is the major determinant of bronchodilator efficacy, particle size appears to be more important in determining the efficacy of an inhaled corticodsteroid. The smallest airways have an internal perimeter of 2 micrometers (mcm) 25 or less. Thus, an inhaler with particles having a mean aerodynamic diameter of 1 mcm should have a greater respirable fraction than an inhaler with particles that have an average diameter of 3.5 to 4 mcm. For patients with obstructive lung disease, all particles should ideally be no greater than 2 to 3 mcm. A particle that is small (less than 5 mcm) is more likely to be inhaled into the smaller airways of the lungs, thus improving efficacy. In 30 contrast, particles that are larger than 5 mcm can be deposited in the mouth and throat, both reducing the proportion of particles that reach the lungs and potentially causing local adverse effects such as oral candidiasis and hoarseness (dysphonia). Particles having a WO 2005/065435 PCT/US2005/000082 4 mass median aerodynamic diameter (MMAD) of close to 1 mcm are considered to have a greater respirable fraction per dose than those with a diameter of 3.5 mcm or greater. A further disadvantage to the nebulization of budesonide suspensions is the need to generate very small droplets, MMAD of about <3 pm. Since the nebulized droplets are so 5 small, then the micronized budesonide must be even smaller or in the range of 0.5-2.0 pm and the particles should have a narrow particle size distribution. Generation of such particles is difficult. Even so, efforts have been made to improve the nebulization of budesonide suspensions with ultrasonic nebulizers by using submicron-sized particles (Keller et al. in 10 Respiratory Drug Delivery VIII (2002), 197-206). A suspension of nanoparticles (0.1-1.0 pm) of the corticosteroid might be used to increase the proportion of respirable particles as compared to a coarser suspension as in the PULMICORTTM suspension. No improvement over PULMICORTTM suspension (about 4.4 pm budesonide particle size in suspension) was observed. Moreover, concerns exist regarding the use of nanosuspensions in that the 15 small particles (<0.05 pm) may induce an allergic response in a subject. Sheffield Pharmaceuticals, Inc. (St. Louis, MO; "The Pharmacokinetics of Nebulized Nanocrystal Budesonide Suspension in Healthy Volunteers", Kraft, et al. in J Clin. Pharmacol., (2004), 44:67-72) has disclosed the preparation and evaluation of UDB (unit dose budesonide), which is a suspension-based formulation containing nanoparticles of 20 budesonide dispersed in a liquid medium. This product is being developed by MAP Pharmaceuticals, Inc. (Mountain View, California). The inhalation of drug particles as opposed to dissolved drug is known to be disadvantageous. Brain et al. (Bronchial Asthma, 2 nd Ed. (Ed. E.B. Weis et al., Little Brown & Co. (1985), pp. 594-603) report that less soluble particles that deposit on the 25 mucous blanket covering pulmonary airways and the nasal passages are moved toward the pharynx by the cilia. Such particles would include the larger drug particles deposited in the upper respiratory tract. Mucus, cells and debris coming from the nasal cavities and the lungs meet at the pharynx, mix with saliva, and enter the gastrointestinal tract upon being swallowed. Reportedly, by this mechanism, particles are removed from the lungs with 30 half-times of minutes to hours. Accordingly, there is little time for solubilization of slowly dissolving drugs, such as budesonide. In contrast, particles deposited in the nonciliated compartments, such as the alveoli, have much longer residence times. Since it is difficult to generate very small particles of budesonide for deep lung deposition, much WO 2005/065435 PCT/US2005/000082 5 of the inhaled suspension would likely be found in the upper to middle respiratory tract. However, it is much easier to generate small droplets from a solution than it is from a suspension of solids. For these reasons, nebulization of a budesonide-containing solution should be preferred over that of a suspension. 5 O'Riordan (Respiratory Care (2002 Nov), 47(11), 1305-1313) states that drugs can be delivered by nebulization of either solutions or suspensions, but that in general, nebulization of a solution is preferred over that of a suspension. He states that ultrasonic nebulizers should not be used on suspensions and should be used only on solutions. O'Callaghan (Thorax, (1990), 45, 109-111), Storr et al. (Arch. Dis. Child (1986), 10 61, 270-273), and Webb et al. (Arch. Dis. Child (1986), 61, 1108-1110) suggest that nebulization of corticosteroid (in particular beclomethasone) solutions may be preferred over that of suspensions because the latter may be inefficient if the nebulized particles are too large to enter the lung in therapeutically effective amounts. However, data presented by O'Callaghan (J. Pharm. Pharmacol. (2002), 54, 565-569) on the nebulization of 15 flunisolide solution versus suspension showed that the two performed similarly. Therefore, it cannot be generalized that nebulization of a solution is preferred over that of a suspension. Accordingly, there is a widely recognized need for a non-suspension formulation comprising a corticosteroid for administration via nebulization. However, the 20 PULMICORT@ suspension unit dose formulation is widely available and accepted in the field of inhalation therapy. It would be of great benefit to this field of therapy to provide a method of improving the administration of the PULMICORT@ suspension unit dose formulation, or more generally, of a suspension unit dose formulation containing a corticosteroid. 25 However, the current focus in nebulizer therapy is to administer higher concentrations of drug, use solution, preferably predominantly aqueous-based solutions in preference to non-aqueous or alcoholic or non-aqueous alcoholic solutions or suspensions if possible, minimize treatment time, synchronize nebulization with inhalation, and administer smaller droplets for deeper lung deposition of drug. 30 Corticosteroid-containing solutions for nebulization are known. There are a number of different ways to prepare solutions for nebulization. These generally have been prepared by the addition of a cosolvent, surfactant, or buffer. However, cosolvents, such as ethanol, polyethylene glycol and propylene glycol are only tolerated in low amounts WO 2005/065435 PCT/US2005/000082 6 when administered by inhalation due to irritation of the respiratory tract. There are limits to acceptable levels of these cosolvents in inhaled products. Typically, the cosolvents make up less than about 35% by weight of the nebulized composition, although it is the total dose of cosolvent as well as its concentration that determines these limits. The limits 5 are set by the propensity of these solvents either to cause local irritation of lung tissue, to form hyperosmotic solutions that would draw fluid into the lungs, and/or to intoxicate the patient. In addition, most potential hydrophobic therapeutic agents are not sufficiently soluble in these cosolvent mixtures. Saidi et al. (U.S. Patent No. 6,241,969) disclose the preparation of corticosteroid 10 containing solutions for nasal and pulmonary delivery. The dissolved corticosteroids are present in a concentrated, essentially non-aqueous form for storage or in a diluted, aqueous-based form for administration. Lintz et al. (AAPS Annual Meeting and Exposition, 2004) disclose the preparation of liquid formulations containing budesonide, water, citrate salt, sodium chloride and 15 alcohol, propylene glycol and/or surfactant, such as Tween, Pluronic, or phospholipids with HLB-values between 10 and 20. An alternative approach to administration of the PULMICORTTM suspension is administration of a liposome formulation. Waldrep et al. (J Aerosol Med (1994), 7(2), 135-145) reportedly succeeded in preparing a liposome formulation of budesonide and 20 phosphatidyicholine derivatives. None of the above-identified formulations has provided a method of improving the administration of a suspension-based unit dose formulation containing a corticosteroid. Instead, the general focus of the art has been to completely circumvent formulating a suspension by first preparing a liquid formulation that is then divided into multiple unit 25 doses that are packaged for marketing and then sold for use. Solubilization of drugs by cyclodextrins and their derivatives is well known. Cyclodextrins are cyclic carbohydrates derived from starch. The unmodified cyclodextrins differ by the number of glucopyranose units joined together in the cylindrical structure. The parent cyclodextrins contain 6, 7, or 8 glucopyranose units and 30 are referred to as oc-, p-, and y-cyclodextrin respectively. Each cyclodextrin subunit has secondary hydroxyl groups at the 2 and 3 positions and a primary hydroxyl group at the 6-position. The cyclodextrins may be pictured as hollow truncated cones with hydrophilic exterior surfaces and hydrophobic interior cavities. In aqueous solutions, these WO 2005/065435 PCT/US2005/000082 7 hydrophobic cavities provide a haven for hydrophobic organic compounds that can fit all or part of their structure into these cavities. This process, known as inclusion complexation, may result in increased apparent aqueous solubility and stability for the complexed drug. The complex is stabilized by hydrophobic interactions and does not 5 involve the formation of any covalent bonds. This dynamic and reversible equilibrium process can be described by Equations 1 and 2, where the amount in the complexed form is a function of the concentrations of the drug and cyclodextrin, and the equilibrium or binding constant, Kb. When cyclodextrin formulations are administered by injection into the blood stream, the complex rapidly 10 dissociates due to the effects of dilution and non-specific binding of the drug to blood and tissue components. Drug + Cyclodextrin > K > Complex Equation 1 15 Kb [Complex] Equation 2 = Drug [Cyclodextrin! Binding constants of cyclodextrin and an active agent can be determined by the equilibrium solubility technique (T. Higuchi et al. in "Advances in Analytical Chemistry and Instrumentation Vol. 4"; C.N. Reilly ed.; John Wiley & Sons, Inc, 1965, pp. 117-212). 20 Generally, the higher the concentration of cyclodextrin, the more the equilibrium process of Equations 1 and 2 is shifted to the formation of more complex, meaning that the concentration of free drug is generally decreased by increasing the concentration of cyclodextrin in solution. The underivatized parent cyclodextrins are known to interact with human tissues 25 and extract cholesterol and other membrane components, particularly upon accumulation in the kidney tubule cells, leading to toxic and sometimes fatal renal effects. The parent cyclodextrins often exhibit a differing affinity for any given substrate. For example, y-cyclodextrin often forms complexes with limited solubility, resulting in solubility curves of the type Bs. This behavior is known for a large number of steroids 30 which imposes serious limitations towards the use of y-CD in liquid preparations. p-CD, however, does not complex well with a host of different classes of compounds. It has been shown for p-CD and y-CD that derivatization, e.g. alkylation, results in not only WO 2005/065435 PCT/US2005/000082 8 better aqueous solubility of the derivatives compared to the parent CD, but also changes the type of solubility curves from the limiting Bs-type to the more linear A-type curve (Bernd W. Muller and Ulrich Brauns, "Change of Phase-Solubility Behavior by Gamma Cyclodextrin Derivatization", Pharmaceutical Research (1985) p 309-310). 5 Chemical modification of the parent cyclodextrins (usually at the hydroxyls) has resulted in derivatives with improved safety while retaining or improving the complexation ability. Of the numerous derivatized cyclodextrins prepared to date, only two appear to be commercially viable: the 2-hydroxypropyl derivatives (HP-CD; neutral cyclodextrins being commercially developed by Janssen and others), and the sulfoalkyl 10 ether derivatives, such as sulfobutyl ether, (SBE-CD; anionic cyclodextrins being

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3 Na), where n=6.0-7.1 Sulfobutyl Ether--Cyclodextrin (Captisol*) developed by CyDex, Inc.) However, the HP-p-CD still possesses toxicity that the SBE-CD does not. U.S. Patents No. 5,376,645 and No. 5,134,127 to Stella et al., U.S. Patent No. 3,426,011 to Parmerter et al., Lammers et al. (Recl. Trav. Chim. Pays-Bas (1972), 91(6), 15 733-742); Staerke (1971), 23(5), 167-171) and Qu et al. (J. Inclusion Phenom. Macro. Chem., (2002), 43, 213-221) disclose sulfoalkyl ether derivatized cyclodextrins. The references suggest that SAE-CD should be suitable for solubilizing a wide range of different compounds. A sulfobutyl ether derivative of beta cyclodextrin (SBE-p-CD), in particular the 20 derivative with an average of about 7 substituents per cyclodextrin molecule (SBE7-p CD), has been commercialized by CyDex, Inc. as CAPTISOL*. The anionic sulfobutyl WO 2005/065435 PCT/US2005/000082 9 ether substituent dramatically improves the aqueous solubility of the parent cyclodextrin. In addition, the presence of the charges decreases the ability of the molecule to complex with cholesterol as compared to the hydroxypropyl derivative. Reversible, non-covalent, complexation of drugs with CAPTISOL* cyclodextrin generally allows for increased 5 solubility and stability of drugs in aqueous solutions. While CAPTISOL * is a relatively new but known cyclodextrin, its use in the preparation of corticosteroid-containing solutions for nebulization has not previously been evaluated. Hemolytic assays are generally used in the field of parenteral formulations to predict whether or not a particular formulation is likely to be unsuitable for injection into 10 the bloodstream of a subject. If the formulation being tested induces a significant amount of hemolysis, that formulation will generally be considered unsuitable for administration to a subject. It is generally expected that a higher osmolality is associated with a higher hemolytic potential. As depicted in FIG. 1 (Thompson, D.O., Critical Reviews in Therapeutic Drug Carrier Systems, (1997), 14(1), 1-104), the hemolytic behavior of the 15 CAPTISOL* is compared to the same for the parent P-cyclodextrin, the commercially available hydroxypropyl derivatives, ENCAPSINTM cyclodextrin (degree of substitution-3-4) and MOLECUSOL* cyclodextrin (degree of substitution~7-8), and two other sulfobutyl ether derivatives, SBEl-P-CD and SBE4-@-CD. Unlike the other cyclodextrin derivatives, sulfoalkyl ether (SAE-CD) derivatives, in particular those such 20 as the CAPTISOL* (degree of substitution-7) and SBE4-p-CD (degree of substitution-4), show essentially no hemolytic behavior and exhibit substantially lower membrane damaging potential than the commercially available hydroxypropyl derivatives at concentrations typically used to solubilize pharmaceutical formulations. The range of concentrations depicted in the figure includes the concentrations typically used to 25 solubilize pharmaceutical formulations when initially diluted in the blood stream after injection. After oral administration, SAE-CD does not undergo significant systemic absorption. The osmolality of a formulation is generally associated with its hemolytic potential: the higher the osmolality (or the more hypertonic), the greater the hemolytic 30 potential. Zannou et al. ("Osmotic properties of sulfobutyl ether and hydroxypropyl cyclodextrins", Pharma. Res. (2001), 18(8), 1226-1231) compared the osmolality of solutions containing SBE-CD and HP-CD. As depicted in FIG. 2, the SBE-CD containing solutions have a greater osmolality than HP-CD containing solutions comprising similar WO 2005/065435 PCT/US2005/000082 10 concentrations of cyclodextrin derivative. Thus, it is surprising that SAE-CD exhibits lower hemolysis than does HP-CD at equivalent concentrations, even though HP-CD has a lower osmolality. Methylated cyclodextrins have been prepared and their hemolytic effect on human 5 erythrocytes has been evaluated. These cyclodextrins were found to cause moderate to severe hemolysis (Jodal et al., Proc. 4 'h Int. Symp. Cyclodextrins, (1988), 421-425; Yoshida et al., Int. J. Pharm., (1988), 46(3), 217-222). Administration of cyclodextrins into the lungs of a mammal may not be acceptable. In fact, literature exists on the potential or observed toxicity of native cyclodextrins and 10 cyclodextrin derivatives. The NTP Chemical Repository indicates that a-cyclodextrin may be harmful by inhalation. Nimbalkar et al. (Biotechnol. Apple. Biochem. (2001), 33, 123-125) cautions on the pulmonary use of an HP-p-CD/diacetyldapsone complex due to its initial effect of delaying cell growth of lung cells. Even so, a number of studies regarding the use of cyclodextrins for inhalation have 15 been reported although none have been commercialized. The studies suggest that different drug-cyclodextrin combinations will be required for specific optimal or even useful inhaled or intra-nasal formulations. Attempts have been made to develop cyclodextrin containing powders and solutions for buccal, pulmonary and/or nasal delivery. U.S. Patent No. 5,914,122 to Otterbeck et al. discloses the preparation of stable 20 budesonide-containing solutions for nebulization. They demonstrate the use of cyclodextrin, such as p-CD, y-CD or HP-P-CD, and/or EDTA as a stabilizer. Cyclodextrin is also suggested as a solubilizer for increasing the concentration of budesonide in solution. In each case, the greatest shelf-life they report for any of their formulations is, in terms of acceptable retention of the active ingredient, only three to six months. 25 U.S. Pregrant Patent Publication No. 20020055496 to McCoy et al. discloses essentially non-aqueous intra-oral formulations containing HP-0-CD. The formulations may be administered with an aerosol, spray pump or propellant. Russian Patent No. 2180217 to Chuchalin discloses a stable budesonide-containing solution for inhalation. The solution comprises budesonide, propylene glycol, 30 poly(ethylene oxide), succinic acid, Trilon B, nipazole, thiourea, water, and optionally HP-p-CD. MUller et al. (Proceed. Int'l. Symp. Control. Rel. Bioact. Mater. (1997), 24, 69-70) discloses the results of a study on the preparation of budesonide microparticles by an WO 2005/065435 PCT/US2005/000082 11 ASES (Aerosol Solvent Extraction System) supercritical carbon dioxide process for use in a dry powder inhaler. HP-P-CD is suggested as a carrier for a powder. MUller et al. (U.S. Patent No. 6,407,079) discloses pharmaceutical compositions containing HP-p-CD. They suggest that nasal administration of a solution containing the 5 cyclodextrin is possible. The art recognizes that it may be necessary to evaluate structurally related variations of a particular type of cyclodextrin derivative in order to optimize the binding of a particular compound with that type of cyclodextrin derivative. However, it is often the case that there are not extreme differences in the binding of a particular compound with a 10 first embodiment versus a second embodiment of a particular cyclodextrin derivative. For example, cases where there are extreme differences in the binding of a particular therapeutic agent for a first cyclodextrin derivative versus a structurally related second cyclodextrin derivative are uncommon. When such situations do exist, they are unexpected. Worth et al. (24'a International Symposium on Controlled Release of 15 Bioactive Materials (1997)) disclose the results of a study evaluating the utility of steroid/ cyclodextrin complexes for pulmonary delivery. In side-by-side comparisons, P-CD, SBE7-p-CD, and HP-@-CD were evaluated according to their ability to form inclusion complexes with beclomethasone dipropionate (BDP) and its active metabolite beclomethasone monopropionate (BMP). BMP was more easily solubilized with a 20 cyclodextrin, and the observed order of solubilizing power was: HP--CD (highest) > p CD > SBE7-p-CD. Thus, the artisan would expect that SAE-CD derivatives would not be as suitable for use in solubilizing corticosteroids such as BMIP or BDP. Although no results regarding actual utility in an inhaled formulation were disclosed, they suggest that BMP rather than BDP would be a better alternative for development of a nebulizer 25 solution. Kinnarinen et al. (11'6 International Cyclodextrin Symposium CD, (2002)) disclose the results of a study of the in vitro pulmonary deposition of a budesonide/y-CD inclusion complex for dry powder inhalation. No advantage was observed by complexation with y-CD. Vozone et al. (11' International Cyclodextrin Symposium CD, (2002)) disclose the 30 results of a study on the complexation of budesonide with y-cyclodextrin for use in dry powder inhalation. No difference was observed within emitted doses of the cyclodextrin complex or a physical mixture of budesonide and the CD. But, a difference observed in WO 2005/065435 PCT/US2005/000082 12 the fine particle fraction of both formulations suggested that use of a cyclodextrin complex for pulmonary drug delivery might increase the respirable fraction of the dry powder. Pinto et al. (S.T.P. Pharma. Sciences (1999), 9(3), 253-256) disclose the results of a study on the use of HP-p-CD in an inhalable dry powder formulation for 5 beclomethasone. The HP-p-CD was evaluated as a complex or physical mixture with the drug in a study of in vitro deposition of the emitted dose from a MICRO-HALERTM inhalation device. The amount of respirable drug fraction was reportedly highest with the complex and lowest with the micronized drug alone. Rajewski et al. (J. Pharn. Sci. (1996), 85(11), 1142-1169) provide a review of the 10 pharmaceutical applications of cyclodextrins. In that review, they cite studies evaluating the use of cyclodextrin complexes in dry powder inhalation systems. Shao et al (Eur. J. Pharm. Biopharm. (1994), 40, 283-288) reported on the effectiveness of cyclodextrins as pulmonary absorption promoters. The relative effectiveness of cyclodextrins in enhancing pulmonary insulin absorption, as measured by 15 pharmacodynamics, and relative efficiency was ranked as follows: dimethyl-p cyclodextrin > a-cyclodextrin > p-cyclodextrin > y-cyclodextrin > hydroxypropyl-p cyclodextrin. In view of this report, the artisan would expect the water soluble derivative of y-CD to be less suitable for delivering compounds via inhalation than the respective derivative of p-CD because the underivatized p-CD is more suitable than the underivatized 20 y-CD. Williams et al. (Eur J. Pharm. Biopharm. (1999 Mar), 47(2), 145-52) reported the results of a study to determine the influence of the formulation technique for 2 hydroxypropyl-beta-cyclodextrin (HP-p-CD) on the stability of aspirin in a suspension based pressurized metered-dose inhaler (pMDI) formulation containing a 25 hydrofluoroalkane (HFA) propellant. HP-p-CD was formulated in a pMDI as a lyophilized inclusion complex or a physical mixture with aspirin. Aspirin in the lyophilized inclusion complex exhibited the most significant degree of degradation during the 6-months storage, while aspirin alone in the pMDI demonstrated a moderate degree of degradation. Aspirin formulated in the physical mixture displayed the least degree of degradation. Reportedly, 30 HP-p-CD may be used to enhance the stability of a chemically labile drug, but the drug stability may be affected by the method of preparation of the formulation.

WO 2005/065435 PCT/US2005/000082 13 Gudmundsdottir et al. (Pharmazie (2001 Dec), 56(12), 963-6) disclose the results of a study in which midazolam was formulated in aqueous sulfobutylether-beta cyclodextrin buffer solution. The nasal spray was tested in healthy volunteers and compared to intravenous midazolam in an open crossover trial. The nasal formulation 5 reportedly approaches the intravenous form in speed of absorption, serum concentration and clinical sedation effect. No serious side effects were observed. Srichana et al. (Respir. Med. (2001 Jun), 95(6), 513-9) report the results of a study to develop a new carrier in dry powder aerosols. Two types of cyclodextrin were chosen; gamma cyclodextrin (y-CD) and dimethyl-beta-cyclodextrin (DMCD) as carriers in dry 10 powder formulations. Salbutamol was used as a model drug and a control formulation containing lactose and the drug was included. A twin-stage impinger (TSI) was used to evaluate in delivery efficiency of those dry powder formulations. From the results obtained, it was found that the formulation containing y-CD-enhanced drug delivery to the lower stage of the TSI (deposition = 65%) much greater than that of both formulations 15 containing DMCD (50%) and the control formulation (40%) (P<0.05). The haemolysis of red blood cells incubated with the DMCD complex was higher than that obtained in the y-CD complex. The drug release in both formulations containing y-CD and DMCD was fast (over 70% was released in 5 min) and nearly all the drug was released within 30 min. van der Kuy et al. (Eur. J. Clin. Pharmacol. (1999 Nov), 55(9), 677-80) report the 20 results of the pharmacokinetic properties of two intranasal preparations of dihydroergotamine mesylate (DHEM) -containing formulation using a commercially available intranasal preparation. The formulations also contained randomly methylated p-cyclodextrin (RAMEB). No statistically significant differences were found in maximum plasma concentration (Cmax), time to reach Cmax (tmax), area under plasma 25 concentration-time curve (AUCO-8 h), Frel(t = 8 h) and Cmax/AUC(t = 8 h) for the three intranasal preparations. The results indicate that the pharmacokinetic properties of the intranasal preparations are not significantly different from the commercially available nasal spray. U.S. patents 5,942,251 and 5,756,483 to Merkus cover pharmaceutical 30 compositions for the intranasal administration of dihydroergotamine, apomorphine and morphine comprising one of these pharmacologically active ingredients in combination with a cyclodextrin and/or a disaccharide and/or a polysaccharide and/or a sugar alcohol.

WO 2005/065435 PCT/US2005/000082 14 U.S. patent 5,955,454 discloses a pharmaceutical preparation suitable for nasal administration containing a progestogen and a methylated p-cyclodextrin having a degree of substitution of between 0.5 and 3.0. U.S. 5,977,070 to Piazza et al. discloses a pharmaceutical composition for the nasal 5 delivery of compounds useful for treating osteoporosis, comprising an effective amount of a physiologically active truncated analog of PTH or PTHrp, or salt thereof and an absorption enhancer selected from the group consisting of dimethyl-p-cyclodextrin. U.S. 6,436,902 to Backstrom et al. discloses compositions and methods for the pulmonary administration of a parathyroid hormone in the form of a dry powder suitable 10 for inhalation in which at least 50% of the dry powder consists of (a) particles having a diameter of up to 10 microns; or (b) agglomerates of such particles. A dry powder inhaler device contains a preparation consisting of a dry powder comprising (i) a parathyroid hormone (PTH), and (ii) a substance that enhances the absorption of PTH in the lower respiratory tract, wherein at least 50% of (i) and (ii) consists of primary particles having a 15 diameter of up to 10 microns, and wherein the substance is selected from the group consisting of a salt of a fatty acid, a bile salt or derivative thereof, a phospholipid, and a cyclodextrin or derivative thereof. U.S. patent 6,518,239 to Kuo et al. discloses a dispersible aerosol formulation comprising an active agent and a dipeptide or tripeptide for aerosolized administration to 20 the lung. The compositions reportedly may also include polymeric excipients/additives, e.g., polyvinylpyrrolidones, derivatized celluloses such as hydroxymethylcellulose, hydroxyethylcellulose, and hydroxypropyl methylcellulose, Ficolls (a polymeric sugar), hydroxyethylstarch, dextrates (e.g., cyclodextrins, such as 2-hydroxypropyl-p-cyclodextrin and sulfobutylether-p-cyclodextrin), polyethylene glycols, and pectin. 25 Nakate et al. (Eur. J. Pharm. Biopharm. (2003 Mar), 55(2), 147-54) disclose the results of a study to determine the improvement of pulmonary absorption of the cyclopeptide FK224 (low aqueous solubility) in rats by co-formulating it with beta cyclodextrin. The purpose of the study was to investigate the effect of pulmonary delivery on the systemic absorption of FK224 in comparison with other administration routes, and 30 to determine the bioavailability (BA) of FK224 following pulmonary administration in rats using various dosage forms. After administration of an aqueous suspension, the bioavailability was reduced to 2.7% compared with 16.8% for the solution. However, P-cyclodextrin (p-CD) was found to be an effective additive as far as improving the WO 2005/065435 PCT/US2005/000082 15 solubility of FK224 was concerned. The bioavailability of the aqueous suspension containing f-CD was increased to 19.2%. It was observed that both the C(max) and AUC of FK224 were increased as the amount of p-CD increased. The plasma profiles showed sustained absorption. They suggest that p-CD is an extremely effective additive as far as 5 improving the pulmonary absorption of FK224 is concerned. They also suggest that P-CD or derivatives with various degrees of aqueous solubility are potential drug carriers for controlling pulmonary absorption. Kobayashi et al. (Pharm. Res. (1996 Jan), 13(1), 80-3) disclose the results of a study on pulmonary delivery of salmon calcitonin (sCT) dry powders containing 10 absorption enhancers in rats. After intratracheal administration of sCT dry powder and liquid (solution) preparations to. rats, plasma sCT levels and calcium levels were measured. Reportedly, sCT in the dry powder and in the liquid were absorbed nearly to the same degree. Absorption enhancers (oleic acid, lecithin, citric acid, taurocholic acid, dimethyl-p-cyclodextrin, octyl-P-D-glucoside) were much more effective in the dry 15 powder than in the solution. Adjei et al. (Pharm. Res. (1992 Feb), 9(2), 244-9) disclose the results of a study on the bioavailability of leuprolide acetate following nasal and inhalation delivery to rats and healthy humans. Systemic delivery of leuprolide acetate, a luteinizing hormone releasing hormone (LHRH) agonist, was compared after inhalation (i.h.) and intranasal (i.n.) 20 administration. The i.n. bioavailability in rats was significantly increased by cx-cyclodextrin (CD), EDTA, and solution volume. Absorption ranged from 8 to 46% compared to i.v. controls. Studies in healthy human males were conducted with leuprolide acetate i.n. by spray, or inhalation aerosol (i.h.), and subcutaneous (s.c.) and intravenous (i.v.) injection. The s.c. injection was 94% bioavailable compared with i.v. The i.n. 25 bioavailability averaged 2.4%, with significant subject-to-subject variability. Inhalation delivery gave a slightly lower intersubject variability. Mean Cmax with a 1-mg dose of solution aerosol was 0.97 ng/ml, compared with 4.4 and 11.4 ng/ml for suspension aerosols given at 1- and 2-mg bolus dosages, respectively. The mean bioavailability of the suspension aerosols (28% relative to s.c. administration) was fourfold greater than that of 30 the solution aerosol (6.6%).

WO 2005/065435 PCT/US2005/000082 16 CyDex (Cyclopedia (2002), 5(1), 3) discloses that SBE-CD is non-toxic to rats in an inhaled aerosol composition when present alone. They do not disclose a nebulizable composition comprising a drug, in particular a corticosteroid, and SBE-CD. In deciding whether to administer a suspension versus solution, one must also 5 consider the type of nebulizer to be used. The two most common types of nebulizers are the ultrasonic nebulizer and the air driven jet nebulizer. There are significant differences between the two. For example, jet nebulizers cool rather than heat the liquid in the reservoir, whereas ultrasonic nebulizers heat the liquid. While heating of the solution in reservoir can reduce the viscosity of the solution and enhance formation of droplets, 10 excessive heating could lead to drug degradation. The ultrasonic nebulizer is quieter and provides faster delivery than the jet nebulizer, but ultrasonic nebulizers are more expensive and are not advised for the administration of the currently available steroid for nebulization. Most importantly, however, ultrasonic nebulizers generally provide a significantly higher rate of administration than do jet nebulizers. 15 Patients with asthma are often treated with inhaled short acting or long acting p2 agonists, inhaled anticholinergics, and inhaled corticosteroids alone, sequentially or in combination. Combinations of inhaled corticosteroids and long acting p2-agonists are known, for example budesonide plus formoterol or fluticasone plus salmeterol are available in a dry powder inhaler. However, there is no example of such combinations 20 that are available as a solution for nebulization. Combining the medications into one solution would reduce the time required to administer the medications separately. In summary, the art suggests that, in some cases, nebulization of solutions may be preferred over that of suspensions and that, in some cases, an ultrasonic nebulizer, vibrating mesh, electronic or other mechanism of aerosolization may be preferred over an 25 air driven jet nebulizer depending upon the nebulization liquid formulations being compared. Even though the art discloses inhalable solution formulations containing a corticosteroid and cyclodextrin, the results of the art are unpredictable. In other words, the combination of one cyclodextrin with one drug does not suggest that another cyclodextrin may be suitable. Neither does the art suggest that one cyclodextrin-corticosteroid 30 inhalable formulation will possess advantages over another cyclodextrin-corticosteroid inhalable formulation. A need remains in the art for a stabilized aqueous solution budesonide-containing inhalable formulation that does not require the addition of preservatives and that provides WO 2005/065435 PCT/US2005/000082 17 significant advantages over other stabilized aqueous solution budesonide-containing inhalable formulations. A need also remains for a method of improving the administration of budesonide-containing suspension formulations by nebulization by converting the suspension to a solution. 5 There is also a need to develop improved systems that can solubilize water insoluble drugs for nebulization, and to minimize the levels of cosolvent necessary to accomplish this. The ideal system would consist of non-toxic ingredients and be stable for long periods of storage at room temperature. When nebulized, it would produce respirable droplets in the less than 10 micron or less than 5 micron or less than 3 micron and a 10 substantial portion of extra-fine aerosol in the less than about 1 micron size range. The need continues to remain for a method of improving the administration, by nebulization, of a suspension-based unit dose formulation. Such a method would reduce the overall time of administration, increase the overall amount of drug administered, reduce the amount of drug left in the reservoir of the nebulizer, increase the portion of 15 pulmonary deposition relative to oropharyngeal deposition of corticosteroid, and/or enhance deep lung penetration of the corticosteroid as compared to such administration, absent the improvement, of the suspension-based unit dose formulation. SUMMARY OF THE INVENTION The present invention seeks to overcome the disadvantages present in known 20 formulations. As such, a derivatized cyclodextrin-based, e.g., sulfoalkyl ether cyclodextrin (SAE-CD)-based, inhalable formulation is provided. The present formulation includes a corticosteroid as a principle active agent. The present formulation may provide enhanced solubility and/or enhanced chemical, thermochemical, hydrolytic and/or photochemical stability of the active agent or other ingredients in the formulation. 25 Moreover, the present formulation may possess other advantages, e.g. enhanced drug delivery, increased rate of drug administration, reduced treatment time, reduced toxicity, ease of manufacture, assurance of sterility, improved stability, enhanced bioabsorption, no requirement of particle size control, increased output rate, increased total output, no concern for solid particle growth, and/or no need to confirm formation of a suspension, 30 over other inhalable solution or suspension formulations containing a corticosteroid such as budesonide.

WO 2005/065435 PCT/US2005/000082 18 The present inventors have unexpectedly discovered that SAE-CD is systemically absorbed following administration via inhalation. It is also eliminated from the lungs. SAE-CD also complexes with corticosteroids in aqueous inhalable liquid formulations. Coadministration of the corticosteroid with SAE-CD may result in increased output rate 5 and total drug delivery as compared to a control excluding SAE-CD. An SAE-CD-containing formulation can be prepared with sufficient active agent solubility and stability for a commercial product. If needed, the SAE-CD-containing formulation can be prepared as a clear aqueous solution that can be sterile filtered through a filter having a pore size of 0.45 ptm or less and that is stable and preserved under a 10 variety of storage conditions. One aspect of the invention provides a liquid formulation comprising an effective amount of corticosteroid, such as budesonide, and an SAE-CD, wherein the SAE-CD is present in an amount sufficient to dissolve and stabilize the corticosteroid during storage. Another aspect of the invention provides a method of improving the administration 15 of corticosteroid to a subject by nebulization, the method comprising the steps of: providing in a unit dose an aqueous suspension formulation comprising water and corticosteroid suspended therein; combining the suspension with an amount of SAE-CD sufficient to and for a period of time sufficient to solubilize the corticosteroid and form a solution; and 20 administering the solution to the subject, wherein the amount of time required to administer a therapeutic dose of corticosteroid with the solution is less than the amount of time required to administer the same therapeutic dose of corticosteroid with the suspension under similar, or otherwise comparable, nebulization conditions. When administered with a nebulizer, a suspension for nebulization will provide a 25 first corticosteroid output rate under a first set of nebulization conditions. However, when SAE-CD is added to the suspension and mixed therein, a sufficient amount of the corticosteroid is dissolved to form a liquid formulation for nebulization that provides a greater corticosteroid output rate as compared to the formulation excluding the SAE-CD when administered under substantially the same conditions. In one embodiment, the drug 30 output rate of the formulation is increased over that of the suspension even though the total volume of nebulized composition, i.e., the total volume of solution emitted by the nebulizer, has not increased. In another embodiment, SAE-CD is present in an amount sufficient to solubilize at least 50%, at least 75%, at least 90%, at least 95% or WO 2005/065435 PCT/US2005/000082 19 substantially all of the corticosteroid. In yet another embodiment, SAE-CD is present in an amount sufficient to decrease the amount of unsolubilized corticosteroid in the suspension formulation and to improve the administration of the suspension formulation via nebulization. In yet another embodiment, SAE-CD is present in an amount sufficient 5 to solubilize enough corticosteroid such that the suspension formulation to which the SAE-CD was added is converted to a solution, substantially clear solution (containing less than 5% precipitated solid), or a clear solution. It is possible that other components of the suspension formulation will not completely dissolve in, or may separate out from, the solution formulation containing SAE-CD. 10 According to another embodiment, a nebulizer charged with a corticosteroid/ SAE-CD-containing solution generates smaller droplets than does the same nebulizer charged with a corticosteroid/HP-p-CD-containing solution operated under otherwise similar conditions. As a result of generating smaller droplets, the system comprising SAE-CD is improved over an otherwise similar system comprising HP-P-CD, since the 15 SAE-CD based system will generate a greater proportion of respirable droplets and permit deeper lung penetration. One aspect of the invention provides for the use of SAE-CD in a nebulizable unit dose liquid formulation. In one embodiment, the invention provides use of SAE-CD for converting a nebulizable corticosteroid-containing suspension-based unit dose formulation 20 to a nebulizable corticosteroid-containing liquid unit dose formulation. Specific embodiments of the invention include those wherein: 1) the budesonide to SAE-CD molar ratio is 0.5 to 0.0001 (1:2 to 1:10,000), 1:1 to 1:100, 1:1 to 1:10,000, or 0.1 to 0.03; 2) the SAE-CD is sulfobutyl ether 4-p-CD or sulfobutyl ether 7-p-CD, sulfobutyl ether 6-y-CD, sulfobutyl ether 4-y-CD, sulfobutyl ether 3 to 8-y-CD, or a 25 sulfobutyl ether 5-y-CD; 3) the SAE-CD is a compound of the formula 1 or a mixture thereof; 4) the nebulization composition further comprises a conventional preservative, an antioxidant, a buffering agent, an acidifying agent, a solubilizing agent, a complexation enhancing agent, saline, an electrolyte, another therapeutic agent, an alkalizing agent, a tonicity modifier, surface tension modifier, viscosity modifier, density modifier, volatility 30 modifier, or a combination thereof; 5) the SAE-CD is present in an amount sufficient to provide a clear solution; 6) the nebulization composition comprises at least 4.8±0.5% wt./vol of SAE-CD to provide a self-preserved formulation for a period predetermined WO 2005/065435 PCT/US2005/000082 20 period of time; 7) the nebulization composition has been purged with an inert gas prior to storage to remove substantially all of the oxygen contained in the formulation; 8) the corticosteroid, such as budesonide, has a greater binding with the SAE-CD than does a conventional preservative present in the formulation; 9) the formulation has a shelf-life of 5 at least 6 months; 10) the nebulization composition further comprises a liquid carrier other than water; 11) the formulation has been prepared at a temperature at or above 5*C, at or above 25*C, at or above 35'C, at or above 45*C or at or above 50*C; 12) the nebulization composition comprises less than or about 21.5 ± 2% wt./wt. of SAE-CD; and/or 13) the nebulization composition is visibly clear as viewed by the unaided eye. 10 Specific embodiments of the methods of preparing a liquid formulation include those wherein: 1) the method further comprises the step of sterile filtering the formulation through a filtration medium having a pore size of 0.1 microns or larger; 2) the liquid formulation is sterilized by irradiation or autoclaving; 3) the nebulization solution is purged with nitrogen or argon or other inert pharmaceutically acceptable gas prior to 15 storage such that a substantial portion of the oxygen dissolved in, and/or in surface contact with the solution is removed. The invention provides a method of stabilizing corticosteroid in an aqueous corticosteroid-containing formulation comprising the step of adding SAE-CD to an aqueous corticosteroid-containing suspension or solution formulation in an amount 20 sufficient to reduce the rate of degradation of corticosteroid as compared to a control sample excluding SAE-CD. The invention also provides a method of improving the administration of an inhalable aqueous corticosteroid-containing suspension unit dose formulation by nebulization, the method comprising the step of adding SAE-CD to an aqueous 25 corticosteroid-containing suspension unit dose formulation in an amount sufficient to solubilize the corticosteroid to form an inhalable aqueous corticosteroid-containing solution unit dose formulation, the improvement comprising increasing the output rate and/or extent of nebulized corticosteroid. The invention provides a method of reducing the amount of time required to 30 provide a therapeutically effective amount of corticosteroid to a subject by inhalation of an corticosteroid-containing composition with a nebulizer, the method comprising the steps of: including SAE-CD in the composition in an amount sufficient to solubilize the corticosteroid to form an inhalable aqueous corticosteroid-containing solution; and WO 2005/065435 PCT/US2005/000082 21 administering the solution to the subject by inhalation with a nebulizer, wherein the amount of time required to provide a therapeutically effective amount of corticosteroid to the subject with the solution is reduced as compared to the amount of time required to provide a therapeutically effective amount of corticosteroid to the subject with a 5 corticosteroid-containing suspension comprising the same amount or concentration of corticosteroid when the suspension and solution are administered under otherwise similar nebulization conditions. The invention also provides an inhalable composition comprising a water soluble y-CD derivative, a corticosteroid (either esterified or unesterified) and an aqueous liquid 10 medium. Another embodiment of the invention also provides an inhalable composition comprising a water soluble P-CD derivative, a corticosteroid (unesterified) and an aqueous liquid medium. Also, the invention provides an improved system for administering a corticosteroid-containing inhalable formulation by inhalation, the improvement 15 comprising including SAE-CD in the inhalable formulation such that SAE-CD is present in an amount sufficient to provide an increased rate of inhaled corticosteroid as compared to administration of a control inhalable formulation excluding SAE-CD but otherwise being administered under approximately the same conditions. The invention can be used to provide a system for administration of a 20 corticosteroid by inhalation, the system comprising an inhalation device, such as a nebulizer, and a drug composition comprising a therapeutically effective amount of corticosteroid, liquid carrier and SAE-CD present in an amount sufficient solubilize the corticosteroid when presented to an aqueous environment, wherein the molar ratio of corticosteroid to SAE-CD is in the range of about 0.072 to 0.0001 or 0.063 to 0.003. 25 During operation, the system forms droplets having a MMAD in the range of about 1-8 p or 3-8 p. The corticosteroid is delivered at a rate of at least about 20-50 pg/min, wherein this range may increase or decrease according to the concentration of corticosteroid in the nebulization solution in the reservoir of the nebulizer. As a result of using SAE-CD corticosteroid therapy with an inhalable nebulization 30 solution, one can expect advantages such as enhanced drug delivery, enhanced delivery especially to the peripheral or small airways facilitated by the finer aerosol produced, potentially improved treatment of nocturnal, asymptomatic asthma and recovery from acute asthma attacks, increased rate of drug administration, reduced treatment time, WO 2005/065435 PCT/US2005/000082 22 improved formulation stability and/or improved patient compliance as compared to comparable corticosteroid therapy with an inhalable nebulization suspension or suspension chlorofluorocarbon (CFC) or hydrofluoroalkanes (HFA) pressurized metered-dose inhaler (pMDI). 5 The invention can be employed in a kit comprising SAE-CD, an aqueous carrier, and corticosteroid, wherein the kit is adapted for the preparation of a nebulization solution. Embodiments of the kit are detailed below. The invention provides the potential to accommodate combination products to overcome incompatibilities with suspension by other solution dosage forms. 10 These and other aspects of this invention will be apparent upon reference to the following detailed description, examples, claims and attached figures. BRIEF DESCRIPTION OF THE FIGURES The following drawings are given by way of illustration only, and thus are not intended to limit the scope of the present invention. 15 Figure 1 depicts a graph of the hemolytic behavior of the CAPTISOL* as compared to the same for the parent p-cyclodextrin, the commercially available hydroxypropyl derivatives, ENCAPSINTM (degree of substitution -3-4) and MOLECUSOL* (degree of substitution -7-8), and two other sulfobutyl ether derivatives, SBEl-p-CD and SBE4-p-CD. 20 Figure 2 depicts a graph of the osmolality of SBE-CD containing solutions of various degrees of substitution and HP-0-CD containing solutions comprising similar concentrations of cyclodextrin derivative. Figure 3 depicts a phase solubility graph of the concentration (molar) of cyclodextrin versus the concentration (molar) of budesonide for y-CD, HP-p-CD and 25 SBE7-p-CD. Figure 4 depicts a chart of the estimated percentage of nebulization composition emitted from three different nebulizers (PARI LC PLUS, HUDSON UPDRAFT II NEB-U-MIST, and MYSTIQUE) for each of four different nebulization compositions (PULMICORT RESPULES suspension, 5% w/v SBE7-p-CD solution, 10% w/v 30 SBE7-p-CD solution and 20% w/v SBE7-p-CD solution).

WO 2005/065435 PCT/US2005/000082 23 Figures 5a-5b depict droplet size data for nebulization of solutions with a PARI LC PLUS nebulizer. Figure 6 depicts droplet size data for nebulization of solutions with a HUDSON UPDRAFT II NEBUMIST nebulizer. 5 Figure 7 depicts droplet size data for nebulization of solutions with a MYSTIQUE ultrasonic nebulizer. Figure 8 depicts comparative Dy 5 o droplet size data for nebulization of composition with the three nebulizers PARI LC PLUS, HUDSON UPDRAFT II NEBUMIST, and MYSTIQUE. 10 Figure 9 is a graph depicting the relationship between concentration of SAE-CD versus output rate of SAE-CD in various different nebulizers. Figures 10a-10b depict comparative droplet size data for nebulization solutions with the PARI LC PLUS and MYSTIQUE nebulizers of PULMICORT RESPULES suspension and a modified PULMICORT RESPULES-based SAE-CD solution. 15 Figure 11 depicts a semi-log plot of the % of initial concentration of the R- and S isomers of budesonide in solutions with and without CAPTISOL versus time at 60 C in solution. Figure 12 depicts a semi-log plot of the % of initial concentration of budesonide versus Lux hours when the samples are exposed to fluorescent lamps. 20 Figure 13 depicts a phase solubility diagram for fluticasone propionate in the presence of several different cyclodextrins. Figure 14 depicts a phase solubility diagram for mometasone furoate in the presence of several different cyclodextrins. Figure 15 depicts a phase solubility diagram for esterified and non-esterified 25 fluticasone in the presence of SAE(5-6)-y-CD. Figure 16 depicts a bar chart summarizing the aqueous solubility of beclomethasone dipropionate in the presence of various SAE-CD derivatives. DETAILED DESCRIPTION OF THE INVENTION The presently claimed formulation overcomes many of the undesired properties of 30 other known aqueous inhalable solution or suspension corticosteroid-containing formulations. By including SAE-CD in an inhalable liquid formulation containing corticosteroid, the corticosteroid is dissolved. Unexpectedly, the nebulization of WO 2005/065435 PCT/US2005/000082 24 corticosteroid is improved in both an air driven jet nebulizer and an ultrasonic nebulizer. Moreover, the corticosteroid exhibits greater stability in the presence of SAE-CD than it does in its absence. The corticosteroid would be present in an amount sufficient for single dose or 5 multi-dose administration. SAE-CD would be present in an amount sufficient to solubilize the corticosteroid when the two are placed in the aqueous carrier. The aqueous carrier would be present in an amount sufficient to aid in dissolution of the corticosteroid and form a nebulization solution of sufficient volume and sufficiently low viscosity to permit single dose or multi-dose administration with a nebulizer. SAE-CD would be present in 10 solid form or in solution in the aqueous carrier. The corticosteroid would be present in dry powder/particle form or in suspension in the aqueous carrier. Commercially available air driven jet ultrasonic or pulsating membrane nebulizers include the AERONEBTM (Aerogen, San Francisco, CA), PARI LC PLUSTM, PARI BOYTM N and PARI DURANEBTM (PARI Respiratory Equipment, Inc., Monterey, CA), 15 MICROAIRTM (Omron Healthcare, Inc, Vernon Hills, Illinois), HALOLITETM (Profile Therapeutics Inc, Boston, MA), RESPIMATTM (Boehringer Ingelheim Ingelheim, Germany) AERODOSETM (Aerogen, Inc, Mountain View, CA), OMRON ELITETM (Omron Healthcare, Inc, Vernon Hills, Illinois), OMRON MICROAIRTM (Omron Healthcare, Inc, Vernon Hills, Illinois), MABISMIST TM II (Mabis Healthcare, Inc, Lake 20 Forest, Illinois), LUMISCOPE TM 6610, (The Lumiscope Company, Inc, East Brunswick, New Jersey), AIRSEP MYSTIQUETM, (AirSep Corporation, Buffalo, NY), ACORN-i and ACORN-II (Vital Signs, Inc, Totowa, New Jersey), AQUATOWERTM ( Medical Industries America, Adel, Iowa), AVA-NEB (Hudson Respiratory Care Incorporated, Temecula, California), CIRRUS (Intersurgical Incorporated, Liverpool, New York), 25 DART (Professional Medical Products, Greenwood, South Carolina), DEVILBISSTM PULMO AIDE (DeVilbiss Corp; Somerset, Pennsylvania), DOWNDRAFTrM (Marquest, Englewood, Colorado), FAN JET (Marquest, Englewood, Colorado), MB-5 (Mefar, Bovezzo, Italy), MISTY NEB TM (Baxter, Valencia, California), SALTER 8900 (Salter Labs, Arvin, California), SIDESTREAMTM (Medic-Aid, Sussex, UK), UPDRAFT-IITM 30 (Hudson Respiratory Care; Temecula, California), WHISPER JET TM (Marquest Medical Products, Englewood, Colorado), AIOLOSTM (Aiolos Medicnnsk Teknik, Karlstad, Sweden), INSPIRONTM (Intertech Resources, Inc., Bannockburn, Illinois), OPTIMISTTM (Unomedical Inc., McAllen, Texas), PRODOMOTM, SPIRATM (Respiratory Care Center, WO 2005/065435 PCT/US2005/000082 25 Hameenlinna, Finland), AERx T M (Aradigm Corporation, Hayward, California), SONIKTM LDI Nebulizer (Evit Labs, Sacramento, California), and SWIRLER@ Radioaerosol System (AMICI, Inc., Spring City, PA). Any of these and other known nebulizers can be used to deliver the formulation of the invention including but not limited to the following: 5 Nebulizers that nebulize liquid formulations containing no propellant are suitable for use with the compositions provided herein. Nebulizers are available from, e.g., Pari GmbH (Starnberg, Germany), DeVilbiss Healthcare (Heston, Middlesex, UK), Healthdyne, Vital Signs, Baxter, Allied Health Care, Invacare, Hudson, Omron, Bremed, AirSep, Luminscope, Medisana, Siemens, Aerogen, Mountain Medical, Aerosol Medical Ltd. 10 (Colchester, Essex, UK), AFP Medical (Rugby, Warwickshire, UK), Bard Ltd. (Sunderland, UK), Carri-Med Ltd. (Dorking, UK), Plaem Nuiva (Brescia, Italy), Henleys Medical Supplies (London, UK), Intersurgical (Berkshire, UK), Lifecare Hospital Supplies (Leies, UK), Medic-Aid Ltd. (West Sussex, UK), Medix Ltd. (Essex, UK), Sinclair Medical Ltd. (Surrey, UK), and many others. 15 Nebulizers for use herein include, but are not limited to, jet nebulizers (optionally sold with compressors), ultrasonic nebulizers, and others. Exemplary jet nebulizers for use herein include Pari LC plus/ProNeb, Pari LC plus/ProNeb Turbo, Pari LC Plus/Dura Neb 1000 & 2000 Pari LC plus/Walkhaler, Pari LC plus/Pari Master, Pari LC star, Omron CompAir XL Portable Nebulizer System (NE-C18 and JetAir Disposable nebulizer), 20 Omron compare Elite Compressor Nebulizer System (NE-C21 and Elite Air Reusable Nebulizer, Pari LC Plus or Pari LC Star nebulizer with Proneb Ultra compressor, Pulomo aide, Pulmo-aide LT, Pulmo-aide traveler, Invacare Passport, Inspiration Healthdyne 626, Pulmo-Neb Traverler, DeVilbiss 646, Whisper Jet, Acorn II, Misty-Neb, Allied aerosol, Schuco Home Care, Lexan Plasic Pocet Neb, SideStream Hand Held Neb, Mobil Mist, 25 Up-Draft, Up-Draft II, T Up-Draft, ISO-NEB, Ava-Neb, Micro Mist, and PulmoMate. Exemplary ultrasonic nebulizers for use herein include MicroAir, UltraAir, Siemens Ultra Nebulizer 145, CompAir, Pulmosonic, Scout, 5003 Ultrasonic Neb, 5110 Ultrasonic Neb, 5004 Desk Ultrasonic Nebulizer, Mystique Ultrasonic, Lumiscope's Ultrasonic Nebulizer, Medisana Ultrasonic Nebulizer, Microstat Ultrasonic Nebulizer, and Mabismist Hand 30 Held Ultrasonic Nebulizer. Other nebulizers for use herein include 5000 Electromagnetic Neb, 5001 Electromagnetic Neb 5002 Rotary Piston Neb, Lumineb I Piston Nebulizer 5500, Aeroneb Portable Nebulizer System, AerodoseTM Inhaler, and AeroEclipse Breath Actuated Nebulizer.

WO 2005/065435 PCT/US2005/000082 26 The present invention provides SAE-CD based formulations, wherein the SAE-CD is a compound of the Formula 1: RSS1 0 -R 2

S

2 5 S 4

R

4 0 R 3

S

3 RSS O

S

6

R

6

R

7

S

7 Sgig 10

R

9

S

9 1- n Formula 1 wherein: n is 4, 5 or 6; 15 R 1 , R 2 , R3, R 4 , R5, R6, R7, R 8 and R9 are each, independently, -0- or a -O-(C2 - C 6 alkylene)-S03- group, wherein at least one of R, to R 9 is independently a -0-(C 2 C 6 alkylene)-S03 group, preferably a -0-(CH 2 )mSO3~ group, wherein m is 2 to 6, preferably 2 to 4, (e.g.-OCH 2

CH

2

CH

2

SO

3 ~ or-OCH 2

CH

2

CH

2

CH

2

SO

3 ); and

S

1 , S 2 , S 3 , S4, S5, S6, S7, S 8 and S 9 are each, independently, a pharmaceutically acceptable 20 cation which includes, for example, H*, alkali metals (e.g. Lie, Na*, K*), alkaline earth metals (e.g., Ca+ 2 , Mg+ 2 ), ammonium ions and amine cations such as the cations of (C 1 - C 6 )- alkylamines, piperidine, pyrazine, (C - C 6 )-alkanolamine and

(C

4 - Cs)-cycloalkanolamine. Exemplary embodiments of the SAE-CD derivative of the invention include 25 derivatives of the Formula II (SAEx-a-CD), wherein "x' ranges from 1 to 18; of the Formula III (SAEy-p-CD), wherein"y" ranges from 1 to 21; and of the Formula IV (SAEz-y-CD), wherein"z" ranges from 1 to 24such as: SAEx-a-CD SAEv-p-CD SAEz-y-CD Name SEEx-a-CD SEEy-P-CD SEEz-y-CD Sulfoethyl ether CD SPEx-at-CD SPEy-P-CD SPEz-y-CD Sulfopropyl ether CD SBEx-a-CD SBEy-p-CD SBEz-y-CD Sulfobutyl ether CD SPtEx-a-CD SPtEy-p-CD SPtEz-y-CD Sulfopentyl ether CD SHEx-a-CD SHEy-P-CD SHEz-y-CD Sulfohexyl ether CD WO 2005/065435 PCT/US2005/000082 27 "SAE" represents a sulfoalkyl ether substituent bound to a cyclodextrin. The values "x", "y" and "z" represent the average degree of substitution as defined herein in terms of the number of sulfoalkyl ether groups per CD molecule. The SAE-CD used is described in U.S. Patents No. 5,376,645 and No. 5,134,127 to 5 Stella et al, the entire disclosures of which are hereby incorporated by reference. U.S. Patent No. 3,426,011 to Parmerter et al. discloses anionic cyclodextrin derivatives having sulfoalkyl ether substituents. Lammers et al. (Recl. Trav. Chim. Pays-Bas (1972), 91(6), 733-742); Staerke (1971), 23(5), 167-171) and Qu et al. (,J Inclusion Phenom. Macro. Chen., (2002), 43, 213-221) disclose sulfoalkyl ether derivatized cyclodextrins. U.S. 10 Patent No. 6,153,746 to Shah et al. discloses a process for the preparation of sulfoalkyl ether cyclodextrin derivatives. An SAE-CD can be made according to the disclosures of Stella et al., Parmerter et al., Lammers et al. or Qu et al., and if processed to remove the major portion (>50%) of the underivatized parent cyclodextrin, used according to the present invention. The SAE-CD can contain from 0% to less than 50% wt. of 15 underivatized parent cyclodextrin. The terms "alkylene" and "alkyl," as used herein (e.g., in the -0-(C 2 - C 6 alkylene)S03- group or in the alkylamines), include linear, cyclic, and branched, saturated and unsaturated (i.e., containing one double bond) divalent alkylene groups and monovalent alkyl groups, respectively. The term "alkanol" in this text likewise includes 20 both linear, cyclic and branched, saturated and unsaturated alkyl components of the alkanol groups, in which the hydroxyl groups may be situated at any position on the alkyl moiety. The term "cycloalkanol" includes unsubstituted or substituted (e.g., by methyl or ethyl) cyclic alcohols. An embodiment of the present invention provides compositions containing a 25 mixture of cyclodextrin derivatives, having the structure set out in formula (I), where the composition overall contains on the average at least I and up to 3n + 6 alkylsulfonic acid moieties per cyclodextrin molecule. The present invention also provides compositions containing a single type of cyclodextrin derivative, or at least 50% of a single type of cyclodextrin derivative. The invention also includes formulations containing cyclodextrin 30 derivatives having a narrow or wide and high or low degree of substitution. These combinations can be optimized as needed to provide cyclodextrins having particular properties.

WO 2005/065435 PCT/US2005/000082 28 The present invention also provides compositions containing a mixture of cyclodextrin derivatives wherein two or more different types of cyclodextrin derivatives are included in the composition. By different types, is meant cyclodextrins derivatized with different types of functional groups e.g., hydroxyalkyl and sulfoalkyl, and not to the 5 heterogeneous nature of derivatized cyclodextrins due to their varying degrees of substitution. Each independent different type can contain one or more functional groups, e.g. SBE-CD where the cyclodextrin ring has only sulfobutyl functional groups, and hydroxypropyl-ethyl-p-CD where the cyclodextrin ring has both hydroxypropyl functional groups and ethyl functional groups. The amount of each type of cyclodextrin derivative 10 present can be varied as desired to provide a mixture having the desired properties. Exemplary SAE-CD derivatives include SBE4-p-CD, SBE7-p-CD, SBE11-P-CD, SBE3.4-y-CD, SBE4.2-y-CD, SBE4.9-y-CD, SBE5.2-y-CD, SBE6.1-y-CD, SBE7.5-y-CD, SBE7.8-y-CD and SBE5-y-CD which correspond to SAE-CD derivatives of the formula I wherein n = 5, 5, 5 and 6; m is 4; and there are on average 4, 7, 11 and 5 sulfoalkyl ether 15 substituents present, respectively. These SAE-CD derivatives increase the solubility of poorly water soluble active agents to varying degrees. Since SAE-CD is a poly-anionic cyclodextrin, it can be provided in different salt forms. Suitable counterions include cationic organic atoms or molecules and cationic inorganic atoms or molecules. The SAE-CD can include a single type of counterion or a 20 mixture of different counterions. The properties of the SAE-CD can be modified by changing the identity of the counterion present. For example, a first salt form of SAE-CD can have a greater corticosteroid stabilizing and/or solubilizing power than a different second salt form of SAE-CD. Likewise, an SAE-CD having a first degree of substitution can have a greater corticosteroid stabilizing and/or solubilizing power than a second SAE 25 CD having a different degree of substitution. The enhanced solubilization of a corticosteroid by one SAE-CD versus another is demonstrated by the data in the following tables which depict the molar solubility for fluticasone propionate with different SAE-CDs at about 0.03 to 0.12M concentrations such that the solubilizing power followed about this rank order over this concentration range of SAE-CD: SBE5.2-y-CD > SPE5.4-y-CD > 30 SBE6.1-y-CD > SBE9.7-y-CD >> SBE7-a-CD > SBE6.7-p-CD > SPE7-p-CD. For mometasone furoate, the solubilizing power followed about this rank order over this concentration range of SAE-CD: SBE9.7-y-CD > SBE6.1-y-CD > SBE5.2-y-CD >> WO 2005/065435 PCT/US2005/000082 29 SPE5.4-y-CD > SBE7-a-CD > SBE6.7-P-CD > SPE7-p-CD. Differences were also observed for the binding of budesonide and triamcinolone with specific embodiments of SAE-CD. According to the invention, a SAE-y-CD binds a corticosteroid better than a SAE-p-CD. Also, a SAE-P-CD binds a budesonide better than a SAE-a-CD. The data is 5 summarized in FIGS. 13-14. -CD [CD] [Fluticasonel x10 5 M [Mometasonel [Budesonidel [Triamcinolone M x10 5 M x10"M acetonide ] x10 5 M as non as non propionate esterified furoate esterified

H

2 0 NA 0.39 0.16 1.82 0.00 6.59 3.56 0.015M 1.36 12.9 81.3

(SBE)

6

.

7 0.0465 5.41 126.4 16.4 121.7 254.8 457.0 0.0950 7.99 215.9 31.1 226.1 428.1 1023.3

(SBE)

2

.

4 0.04 1.70 12.8 @ 0.08 2.46 1 1 1

(SPE)

7 0.04 1.05 93.9 7.23 122.4 0.08 2.12 151.2 10.8 223.3 241.6 Solubility of selected steroids enhanced by alpha-cyclodextrins -CD [CD] [Fluticasone] x10 5 M [Mometasone] [Budesonide] [Triamcinolone M x10 5 M x10 5 M acetonide ] x10 5 M as non as non propionate esterified furoate esterified

H

2 0 NA 0.39 0.16 1.82 0.00 6.59 3.56 a 0.04 0.00 8.4 0.08 0.27 28.5

(SBE)

7 0.04 8.37 30.1 55.0 348.1 a 0.08 11.4 35.5 116.9 597.9 10 Solubility of selected steroids enhanced by gamma-cyclodextrins -CD [CD] [Fluticasonel x10 5 M (Mometasonel [Budesonidel [Triamcinolone M x10 5 M x10 5 M acetonide ] x10 5 M as non as non propionate esterified furoate esterified

H

2 0 NA 0.39 0.16 1.82 0.00 6.59 3.56 y 0.035 73.5 14.1 2.71 10.1 197.8 0.1 22.1 82.2 65.8 0.09 4.1 138.6

(SBE)

5

.

2 0.04 79.12 1 i 1 375.8 7 0.1 215.3 1440.4 93.9 889.2 861.6 , WO 2005/065435 PCT/US2005/000082 30 -CD [CD] [Fluticasone] x10 5 M [Mometasone] [Budesonide] [Triamcinolone M x10 5 M x10 5 M acetonide ] x10 5 M as non as non ro ionate esterified furoate esterified

(SBE)

6

.

1 0.04 51.82 575.6 41.5 841.1 306.6 1059.5 7 0.08 120.8 949.0 92.9 1423.1 698.8 2386.1

(SBE)

9

.

7 0.04 54.5 y 0.075 103.1 895.0 94.0 889.6 453.4

(SPE)

5

.

4 0.04 71.7 759.5 28.7 400.9 y 0.08 140.1 1387.8 51.3 1467.1 774.2 The inventors have also discovered that SAE-y-CD is particularly suitable for use in complexing esterified and non-esterified corticosteroids as compared to complexation 5 of the same corticosteroids with SAE-P-CD or SAE-a-CD. The table above also summarizes the phase solubility data depicted in FIG. 15 for fluticasone and fluticasone propionate with various different SAE-y-CD species having a degree of substitution in the range of 5-10. The present inventors have discovered that SAE-y-CD is also much more effective 10 at binding with a particular regioisomer of esterified corticosteroids than is SAE-p-CD or SAE-c-CD. The procedure set forth in Example 18 details the comparative evaluation of the binding of SAE-y-CD and SAE-P-CD with a series of structurally related corticosteroid derivatives. The table below summarizes the results of a study comparing the binding of SBEx-y-CD, wherein x represents the average degree of substitution, 15 derivatives and SBE-p-CD derivative with different forms of beclmethasone. CD Beclomethasone Beclomethasone Beclomethasone Beclomethasone dipropionate 17-mono- 21-mono- (unesterified) (pg/mL) propionate propionate (pg/mL) (pg/mL) (pg/mL)

SBE

3

.

4 0.04M -+336.8 0.04M ->10621.6 0.04M -+172.6 0.04M -+11360.2 y-CD

SBE

5

.

24 0.04M -+ 267.0 0.04M -+9500.8 0.04M -+139.8 0.04M ->10949.9 y-CD

SBE

6

.

1 0.04M -+243.8 0.04M -+>1 1666.9 0.04M -+153.8 0.04M -+11007.0 7 -CD

SBE

7

.

5 00.04M -+ 168.5 0.04M -+8539.1 0.04M -+122.4 0.04M ->9635.2 y-CD WO 2005/065435 PCT/US2005/000082 31 CD Beclomethasone Beclomethasone Beclomethasone Beclomethasone dipropionate 17-mono- 21-mono- (unesterified) (pg/mL) propionate propionate (sg/mL) __ _ _(pg/mL) (pg/mL)

SBE

6

.

7 0.04M ->60.4 0.04M -> 6799.6 0.04M -+ 50.6 0.04M -> 6927.0 p-CD y-CD 0.04M ->105.8 0.04M -+136.9 0.04M ->9.4 0.04M ->114.8 The survey study shows that in the presence of SBE(3.4) y-CD (0.04M), all of the forms of beclomethasone were at or near their highest solubilities. B17P, the active metabolite of BDP, has the highest solubility of the esterified beclomethasone forms in 5 any of the derivatized CDs. The results indicate that SBE-y-CD complexes with beclomethasone dipropionate better than Captisol or y-CD alone. Of the SAE-CD derivatives evaluated, the optimal degree of substitution of the SBE y-CD that provides the greatest enhancement in solubility of BDP is DS = 3.4, and solubility decreases almost linearly as the degree of substitution increases. This is true for both the 24 hr and 5 day 10 equilibration times. So in terms of BDP solubilization with SAE-CD: SBE(3.4)y-CD > SBE(5.2)y-CD > SBE(6.1)y-CD > SBE(7.5)y-CD > y-CD > Captisol (SBE7-p-CD). The data is summarized in FIG. 16. Therefore, the present inventors have discovered that SAE-y-CD cyclodextrin derivatives are unexpectedly better at solubilizing corticosteroids than are SAE-p-CD derivatives. Moreover, the formulations based upon SAE-y-CD are 15 suitable for use in inhalable formulations contrary to the disclosure of Worth et al. (above), which suggests that SAE-CD derivatives are not. By "complexed" is meant "being part of a clathrate or inclusion complex with", i.e., a complexed therapeutic agent is part of a clathrate or inclusion complex with a cyclodextrin derivative. By "major portion" is meant at least about 50% by weight. Thus, 20 a formulation according to the present invention may contain an active agent of which more than about 50% by weight is complexed with a cyclodextrin. The actual percent of active agent that is complexed will vary according to the complexation equilibrium constant characterizing the complexation of a specific cyclodextrin to a specific active agent. The invention also includes embodiments wherein the active agent is not 25 complexed with the cyclodextrin or wherein a minor portion of the active agent is complexed with the derivatized cyclodextrin. It should be noted that an SAE-CD, or any WO 2005/065435 PCT/US2005/000082 32 other anionic derivatized cyclodextrin, can form one or more ionic bonds with a positively charged compound. This ionic association can occur regardless of whether the positively charged compound is complexed with the cyclodextrin either by inclusion in the cavity or formation of a salt bridge. 5 The binding of a drug to the derivatized cyclodextrin can be improved by including an acid or base along with the drug and cyclodextrin. For example, the binding of a basic drug with the cyclodextrin might be improved by including an acid along with the basic drug and cyclodextrin. Likewise, the binding of an acidic drug with the cyclodextrin might be improved by including a base (alkaline material) along with the acidic drug and 10 cyclodextrin. The binding of a neutral drug might be improved by including a basic, acidic or other neutral compound along with the neutral drug and cyclodextrin. Suitable acidic compounds include inorganic and organic acids. Examples of inorganic acids are mineral acids, such as hydrochloric and hydrobromic acid. Other suitable acids include sulfuric acid, sulfonic acid, sulfenic acid, and phosphoric acid. Examples of organic acids 15 are aliphatic carboxylic acids, such as acetic acid, ascorbic acid, carbonic acid, citric acid, butyric acid, fumaric acid, glutaric acid, glycolic acid, a-ketoglutaric acid, lactic acid, malic acid, mevalonic acid, maleic acid, malonic acid, oxalic acid, pimelic acid, propionic acid, succinic acid, tartaric acid, or tartronic acid. Aliphatic carboxylic acids bearing one or more oxygenated substituents in the aliphatic chain are also useful. A combination of 20 acids can be used. Suitable basic compounds include inorganic and organic bases. Suitable inorganic bases include ammonia, metal oxide and metal hydroxide. Suitable organic bases include primary amine, secondary amine, tertiary amine, imidazole, triazole, tetrazole, pyrazole, indole, diethanolamine, triethanolamine, diethylamine, methylamine, tromethamine 25 (TRIS), aromatic amine, unsaturated amine, primary thiol, and secondary thiol. A combination of bases can be used. An anionic derivatized cyclodextrin can complex or otherwise bind with an acid ionizable agent. As used herein, the term acid-ionizable agent is taken to mean any compound that becomes or is ionized in the presence of an acid. An acid-ionizable agent 30 comprises at least one acid-ionizable functional group that becomes ionized when exposed to acid or when placed in an acidic medium. Exemplary acid-ionizable functional groups include a primary amine, secondary amine, tertiary amine, quaternary amine, aromatic WO 2005/065435 PCT/US2005/000082 33 amine, unsaturated amine, primary thiol, secondary thiol, sulfonium, hydroxyl, enol and others known to those of ordinary skill in the chemical arts. The degree to which an acid-ionizable agent is bound by non-covalent ionic binding versus inclusion complexation formation can be determined 5 spectrophotometrically using methods such as 'HNMR, 13 CNMR, or circular dichroism, for example, and by analysis of the phase solubility data for the acid-ionizable agent and anionic derivatized cyclodextrin. The artisan of ordinary skill in the art will be able to use these conventional methods to approximate the amount of each type of binding that is occurring in solution to determine whether or not binding between the species is occurring 10 predominantly by non-covalent ionic binding or inclusion complex formation. An acid ionizable agent that binds to derivatized cyclodextrin by both means will generally exhibit a bi-phasic phase solubility curve. Under conditions where non-covalent ionic bonding predominates over inclusion complex formation, the amount of inclusion complex formation, measured by NMR or circular dichroism, will be reduced even though the 15 phase solubility data indicates significant binding between the species under those conditions; moreover, the intrinsic solubility of the acid-ionizable agent, as determined from the phase solubility data, will generally be higher than expected under those conditions. As used herein, the term non-covalent ionic bond refers to a bond formed between 20 an anionic species and a cationic species. The bond is non-covalent such that the two species together form a salt or ion pair. An anionic derivatized cyclodextrin provides the anionic species of the ion pair and the acid-ionizable agent provides the cationic species of the ion pair. Since an anionic derivatized cyclodextrin is multi-valent, an SAE-CD can form an ion pair with one or more acid-ionizable agents. 25 The parent cyclodextrins have limited water solubility as compared to SAE-CD and HPCD. Underivatized c-CD has a water solubility of about 14.5% w/v at saturation. Underivatized p-CD has a water solubility of about 1.85% w/v at saturation. Underivatized y-CD has a water solubility of about 23.2% w/v at saturation. Dimethyl beta-cyclodextrin (DMCD) forms a 43% w/w aqueous solution at saturation. The 30 SAE-CD can be combined with one or more other cyclodextrins or cyclodextrin derivatives in the inhalable solution to solubilize the corticosteroid. Other water soluble cyclodextrin derivatives that can be used according to the invention include the hydroxyethyl, hydroxypropyl (including 2- and 3-hydroxypropyl) WO 2005/065435 PCT/US2005/000082 34 and dihydroxypropyl ethers, their corresponding mixed ethers and further mixed ethers with methyl or ethyl groups, such as methylhydroxyethyl, ethyl-hydroxyethyl and ethyl hydroxypropyl ethers of alpha-, beta- and gamma-cyclodextrin; and the maltosyl, glucosyl and maltotriosyl derivatives of alpha, beta- and gamma-cyclodextrin, which may contain 5 one or more sugar residues, e.g. glucosyl or diglucosyl, maltosyl or dimaltosyl, as well as various mixtures thereof, e.g. a mixture of maltosyl and dimaltosyl derivatives. Specific cyclodextrin derivatives for use herein include hydroxypropyl-beta-cyclodextrin, hydroxyethyl-beta-cyclodextrin, hydroxypropyl-gamma-cyclodextrin, hydroxyethyl gamma-cyclodextrin, dihydroxypropyl-beta-cyclodextrin, glucosyl-alpha-cyclodextrin, 10 glucosyl-beta-cyclodextrin, diglucosyl-beta-cyclodextrin, maltosyl-alpha-cyclodextrin, maltosyl-beta-cyclodextrin, maltosyl-gamma-cyclodextrin, maltotriosyl-beta-cyclodextrin, maltotriosyl-gamma-cyclodextrin and dimaltosyl-beta-cyclodextrin, and mixtures thereof such as maltosyl-beta-cyclodextrin/dimaltosyl-beta-cyclodextrin, as well as methyl-beta cyclodextrin. Procedures for preparing such cyclodextrin derivatives are well-known, for 15 example, from Bodor United States Patent No. 5,024,998 dated June 18, 1991, and references cited therein. Other cyclodextrins suitable for use in the present invention include the carboxyalkyl thioether derivatives such as ORG 26054 and ORG 25969 made by ORGANON (AKZO-NOBEL), hydroxybutenyl ether derivatives made by EASTMAN, sulfoalkyl-hydroxyalkyl ether derivatives, sulfoalkyl-alkyl ether derivatives, and other 20 derivatives as described in US Pregrant Patent Application Publications No. 2002/0128468, No. 2004/0106575, No. 2004/0109888, and No. 2004/0063663, or U.S. Patents No. 6,610,671, No. 6,479,467, No. 6,660,804, or No. 6,509,323. The HP-p-CD can be obtained from Research Diagnostics Inc. (Flanders, NJ). HP-p-CD is available with different degrees of substitution. Exemplary products include 25 ENCAPSINTM (degree of substitution-4; HP4-p-CD) and MOLECUSOLTM (degree of substitution-8; HP8-p-CD); however, embodiments including other degrees of substitution are also available. Since HPCD is non-ionic, it is not available in salt form. Dimethyl cyclodextrin is available from FLUKA Chemie (Buchs, CH) or Wacker (Iowa). Other derivatized cyclodextrins suitable in the invention include water soluble 30 derivatized cyclodextrins. Exemplary water-soluble derivatized cyclodextrins include carboxylated derivatives; sulfated derivatives; alkylated derivatives; hydroxyalkylated derivatives; methylated derivatives; and carboxy-p-cyclodextrins, e.g. succinyl-p- WO 2005/065435 PCT/US2005/000082 35 cyclodextrin (SCD), and 6^-amino-6A-deoxy-N-(3-carboxypropyl)-o-cyclodextrin. All of these materials can be made according to methods known in the prior art. Suitable derivatized cyclodextrins are disclosed in Modified Cyclodextrins: Scaffolds and Templates fo Supramolecular Chemistry (Eds. Christopher J. Easton, Stephen F. Lincoln, 5 Imperial College Press, London, UK, 1999) and New Trends in Cyclodextrins and Derivatives (Ed. Dominique Duchene, Editions de Sant6, Paris, France, 1991). Sulfobutyl ether p-cyclodextrin (CAPTISOL, CyDex Inc., degree of substitution = 6.6), 2-hydroxypropyl p-cyclodextrin (HP-P-CD, CERESTAR, degree of substitution = 5.5), succinylated-p-cyclodextrin (S-CD, Cyclolab), and 2,6,di-o-methyl-p-cyclodextrin 10 (DM-CD, Fluka) %w/w solutions were prepared at their native pH or buffered as needed. Sulfoalkyl ether y-CD and sulfoalkyl ether a-CD derivatives were obtained from CyDex, Inc. (Lenexa, KS) and The University of Kansas (Lawrence, KS). The amount of derivatized cyclodextrin required to provide the desired effect will vary according to the materials comprising the formulation. 15 Different cyclodextrins are able to solubilize a corticosteroid to different extents. FIG. 3 depicts a molar phase solubility curve for budesonide with HP-p-CD, SBE7-p-CD, and y-CD as compared to water. The inventors have found that SAE-CD is superior to other cyclodextrins and cyclodextrin derivatives at solubilizing budesonide. On a molar basis, SBE-p-CD is a better solubilizer of budesonide than HP-p-CD. In addition, the 20 solubilizing power among the SAE-CD derivatives followed about this rank order for budesonide over a SAE-CD concentration range of 0.04 to 0.1 M: SBE5.2-y-CD ~ SPE5.4-y-CD > SBE6.1-y-CD > SBE7-a-CD > SBE9.7-y-CD ~ SBE6.7-p-CD > SPE7-p CD. For example, a 0.1 M concentration of SBE7-p-CD was able to solubilize a greater amount of budesonide than either y-CD or HP-p-CD. Moreover, SAE-CD-containing 25 nebulizable formulations provide a greater output rate for corticosteroid by nebulization as compared to y-CD or HP-p-CD administered under otherwise similar conditions. It was unexpectedly discovered that the nebulization of Captisol solutions provides several advantages with respect to other cyclodextrins. The droplets leaving the nebulizer are of a more advantageous size and the Captisol solutions are nebulized faster than 30 similar solutions of other Cyclodextrins. The table below shows that the average particle size (Dv50) of Captisol solutions is smaller than that of HP-p-CD or y-CD. More importantly, as seen in the table below, the Dv90 shows that the other cyclodextrins had WO 2005/065435 PCT/US2005/000082 36 significant number of very large droplets. The data (Malvern particle size) was obtained for each formulation as emitted from a PARI LC PLUS nebulizer equipped with a PARI PRONEB ULTRA air compressor. The smaller droplet size is favored for an inhalable composition as it permits deeper lung delivery of active agents such as a corticosteroid. 5 Formulation Dv10 (pm) Dv 50 (pm) Dv 90 (pm) 5% Captisol 1.9 0.04 3.84 ± 0.08 10.52 0.2 10% Captisol 1.82 0.05 3.61± 0.25 11.18 1.92 20% Captisol 1.78 0.04 3.12 ±0.11 10.02 0.23 5% Hydroxypropyl p-Cyclodextrin 1.89 ± 0.04 3.99 ± 0.13 14.89 2.45 10% Hydroxypropyl p-Cyclodextrin 1.95 ± 0.03 4.62 ± 0.34 120.1 ± 172.67 20% Hydroxypropyl p-Cyclodextrin 1.91 ± 0.02 4.26 ±0.16 13.77 1.00 5% y-Cyclodextrin 1.94 ± 0.05 3.99 ± 0.36 205.62 222.10 10% y-Cyclodextrin 2.03 ± 0.05 4.84 ± 0.49 451.55 25.92 20% y-Cyclodextrin 1.96 ± 0.04 4.97 ± 0.12 286.46 235.13 This advantage is further shown in the output rate of these solutions. The table below shows that Captisol is emitted from the nebulizer faster and also to a greater extent than the other cyclodextrins, thus the output rate of the nebulizer is greater when Captisol 10 is nebulized. Formulation 1 Percent Sputter Output Rate Formulation_ Emitted Time (min) mg/min 5% Captisol 56.42 3.81 296 10% Captisol 55.13 3.84 287 20% Captisol 50.56 4.06 249 5% Hydroxypropyl p 43.32 4.14 209 Cyclodextrin 10% Hydroxypropyl p 46.22 4.27 216 Cyclodextrin 20% Hydroxypropyl p 46.90 4.01 234 Cyclodextrin 5% y-Cyclodextrin 52.74 5.41 195 10% y-Cyclodextrin 53.75 4.98 216 20% y-Cyclodextrin 51.91 4.81 216 Nebulization is stopped when the sound changes (time to sputter) or visible particles are no longer produced.

WO 2005/065435 PCT/US2005/000082 37 The advantage of Captisol was further demonstrated by preparing solutions containing budesonide dissolved in various cyclodextrins and comparing their performance in nebulization to the performance of commercial PULMICORT@ 5 RESPULES@, a commercially available suspension-based unit dose formulation. The suspension obtained from several unit dose ampoules of PULMICORTTM was pooled to form a multi-use suspension based unit dose formulation, and and SAE-CD (specifically, CAPTISOL), HP-3- or y- cyclodextrin powder was added to achieve a 0.25mg/ml budesonide solution concentration. These budesonide-containing solutions contained 10 5%w/v Captisol (P5C), 1%w/v gamma-CD (PlyCD) and 5%w/v hydroxypropyl-beta cyclodextrin (P5HPPCD). Each was prepared at least 30 minutes prior to all testing. All three formulations were clear, colorless solutions. (Note: a 250 mg/mL solution of budesonide cannot be achieved in a 5% w/v solution of y-cyclodextrin as it exhibits "B" type solubility behavior) A 2 ml aliquot of the suspension or solution was placed in the 15 same Pari LC Plus nebulizer setup and the amount of budesonide in the emitted droplets was determined by collecting them onto a filter and measuring the budesonide using HPLC. As shown in the table below, the total output rate (jpg budesonide collected/time to sputter) for each suspension or solution. Sample ID Total Output Rate SD (pg/min) (pg/min) Pulmicort 33.85 3.85 Pulmicort + 5% Captisol 44.04 1.42 Pulmicort + 5% HP-p-CD 21.37 2.44 Pulmicort + 1% y-CD 40.36 5.73 20 The output rate is highest for the Captisol solution indicating that an equivalent amount of drug can be delivered in a shorter period of time. Under the conditions used, p CD is unable to solubilize an equivalent amount of corticosteroid due to the limited solubility of P-CD in water. 25 The present invention can be used with other suspension-based aqueous formulations, which formulations may be adapted for nasal delivery or pulmonary delivery. Exemplary suspension-based aqueous formulations include the UDB formulation (Sheffield Pharmaceuticals, Inc.), VANCENASETM AQ (beclomethasone WO 2005/065435 PCT/US2005/000082 38 dipropionate aqueous suspension; Schering Corporation, Kenilworth, NJ), ATOMASETM (beclomethasone dipropionate aqueous suspension; Douglas Pharmaceuticals Ltd., Aukland, Australia), BECONASETM (beclomethasone dipropionate aqueous suspension; Glaxo Wellcome, NASACORT AQTM (triamcinolone acetonide nasal spray, Aventis 5 Pharmaceuticals), TRI-NASALTM (triamcinolone acetonide aqueous suspension; Muro Pharmacaceuticals Inc.) and AEROBID-MTM, (flunisolide inhalation aerosol, Forest Pharmaceuticals), NASALIDETM and NASARELTM (flunisolide nasal spray, Ivax Corporation), FLONASETM (fluticasone propionate, GlaxoSmithKline), and NASONEXTM (mometasone furoate, Schering-Plough Corporation). 10 The suspension formulation can comprise corticosteroid present in particulate, microparticulate, nanoparticulate or nanocrystalline form. Accordingly, an SAE-CD can be used to improve the administration of a corticosteroid suspension-based unit dose formulation. Moreover, the SAE-CD outperforms other cyclodextrin derivatives. According to one embodiment, SAE-CD (in solid or liquid form) and a suspension 15 based unit dose formulation comprising corticosteroid are mixed. The SAE-CD is present in an amount sufficient to increase the amount of solubilized corticosteroid, i.e. decrease the amount of unsolubilized corticosteroid, therein. Prior to administration, the liquid may be optionally aseptically filtered or terminally sterilized. The liquid is then administered to a subject by inhalation using a nebulizer. As a result, the amount of drug that the 20 subject receives is higher than the subject would have received had the unaltered suspension formulation been administered. According to another embodiment, SAE-CD (in liquid form, as ready-to-use liquid or as a concentrate) and a solid unit dose formulation comprising corticosteroid are mixed to form a liquid formulation. The SAE-CD is present in an amount sufficient to solubilize 25 a substantial portion of the corticosteroid. The liquid is then administered via inhalation using a nebulizer. According to another embodiment, SAE-CD (in solid form) and a solid unit dose formulation comprising corticosteroid are mixed to form a solid mixture to which is added an aqueous liquid carrier in an amount sufficient to form a nebulizable formulation. 30 Mixing and/or heating are optionally employed upon addition of the liquid carrier to form the formulation. The SAE-CD is present in an amount sufficient to solubilize a substantial portion of the corticosteroid. The formulation is then administered via inhalation using a nebulizer.

WO 2005/065435 PCT/US2005/000082 39 The size of the reservoir varies from one type of nebulizer to another. The volume of the liquid formulation may be adjusted as needed to provide the required volume for loading into the reservoir of a particular type or brand of nebulizer. The volume can be adjusted by adding additional liquid carrier or additional solution containing SAE-CD. 5 In general, a single-use suspension-based unit dose formulation of corticosteroid contains about 0.125, 0.25, 0.5, 1, 2, or about 0.125 to about 2 mg of corticosteroid suspended in about 50 pl to 10 ml of liquid carrier. Alternatively, the corticosteroid is present at a concentration of about 20 mcg to about 30 mg of corticosteroid per ml of suspension. As a result, about 10 to 500 mg of SAE-CD, or 10 to 250 mg of SAE-CD, or 10 10 to 300 mg of SAE-CD, be it in solid form or dissolved in a liquid carrier, is added to each ml the suspension in order to dissolve a substantial portion of the corticosteroid and form a nebulizable unit dose liquid formulation that is then administered to a subject. In general, a multi-use suspension-based unit dose formulation of corticosteroid contains approximately 0.125 to 2 mg of corticosteroid suspended in 1 to 100 ml of liquid 15 carrier. A multi-use formulation actually contains two or more unit doses of corticosteroid. Single unit dose aliquots are taken from a multi-use unit dose formulation, and the single unit dose are typically administered one-at-a-time to a subject. As a result, about 10 to 500 mg of SAE-CD, be it in solid form or dissolved in a liquid carrier, is added to each ml the suspension in order to dissolve a substantial portion of the 20 corticosteroid and form a multi-use unit dose liquid formulation that is then administered to a subject in single unit dose aliquots. A key aspect of the invention is that a suspension-based unit dose formulation is converted to a liquid unit dose formulation prior to pulmonary administration via inhalation (of a nebulized mist) to a subject. The conversion can take place in the same 25 container in which the suspension is provided, in a different container, or in the reservoir of a nebulizer. In order to form a liquid formulation, a substantial portion of the corticosteroid must be dissolved. As used in reference to the amount of dissolved corticosteroid, a "substantial portion" is at least 20% wt., at least 30% wt., at least 40% wt., or at least 20% wt and less than 50% wt. of the corticosteroid. As used in reference to 30 the amount of dissolved corticosteroid, a "major portion" is at least 50% wt. of the corticosteroid. It is well known that pharmacists working in compounding pharmacies can and do prepare a suspension-based unit dose formulation comprising corticosteroid. Such WO 2005/065435 PCT/US2005/000082 40 pharmacists will now be able to prepare a single use or multi-use liquid unit dose formulation by employing a method described herein. Alternatively, a subject (patient) undergoing corticosteroid treatment may convert the suspension-based formulation to a liquid formulation of the invention by employing a method described herein. Instead of 5 preparing the liquid formulation from the suspension at the pharmacy, a kit containing the suspension formulation and SAE-CD can be prepared. The concentration of SAE-CD in solution can be expressed on a weight to weight or weight to volume basis; however, these two units are interconvertible. When a known weight of cyclodextrin is dissolved in a known weight ofwater, the %w/w cyclodextrin 10 concentration is determined by dividing the cyclodextrin weight in grams by the total weight (cyclodextrin + water weight) in like units and multiplying by 100. When a known weight of cyclodextrin is dissolved to a known total volume, the %w/v cyclodextrin concentration is determined by dividing the cyclodextrin weight in grams by the total volume in milliliters and multiplying by 100. The correlation between the two 15 cyclodextrin concentration percentages was experimentally determined by preparing various %w/w cyclodextrin solutions and measuring the density of each with a pycnometer at 25 0 C. The density (g/mL) of each %w/w CAPTISOL solution is presented in the table below. Captisol Density Viscosity % w/w (g/mL) (Cp, 25C) 59.4 1.320 527.0 49.4 1.259 51.9 39.7 1.202 17.0 29.8 1.149 5.91 19.7 1.095 2.78 8.5 1.041 1.75 0.0 1.002 1 slope = 0.0053 y-intercept = 0.995 correlation = 0.9989 20 The resulting linear relationship readily enables the conversion of CAPTISOL concentrations expressed in %w/w to that of %w/v by the following equation: %w/v = [(%w/w * slope) + y-intercept] * %w/w WO 2005/065435 PCT/US2005/000082 41 where the slope and intercept values are determined from a linear regression of the density data in the table. For example, by using the above equation, a 40%w/w CAPTISOL solution would be equivalent to a -48.3% w/v CAPTISOL solution. The performance of an inhalable solution of the invention in a nebulizer may 5 depend upon the viscosity of the solution in its reservoir, the nebulization solution. The viscosity of an aqueous solution of SBE7-p-CD changes with respect to concentration approximately as indicated in the table above. Viscosity of the inhalable composition can have an impact on percentage of nebulization composition emitted from a nebulizer, output rate of nebulized corticosteroid and droplet size distribution. 10 The amount of residual nebulization inhalable composition left in the reservoir of the nebulizer may be greater for solutions containing SAE-CD than for a budesonide containing suspension. For example, Figure 4 depicts a chart of the estimated percentage of nebulization composition emitted from three different nebulizers (PARI LC PLUS, HUDSON UPDRAFT II NEB-U-MIST, and MYSTIQUE) for each of four different 15 nebulization compositions (PULMICORT RESPULES suspension, 5% w/w SBE7-p-CD solution, 10% w/w SBE7-P-CD solution and 20% w/w SBE7-p-CD solution). The PULMICORT RESPULES suspension was used as the control. The PARI LC PLUS, MYSTIQUE and HUDSON nebulizers were used for the comparison. The MYSTIQUE nebulizer was unable to nebulize the suspension and concentrated SAE-CD solution (20% 20 w/w) efficiently so they were not evaluated with that nebulizer. The results suggest that, under the conditions tested, nebulization of PULMICORT RESPULES suspension results in a greater percentage of nebulized composition, meaning that, with the suspension, less nebulization composition is left in the reservoir of the nebulizer upon completion of nebulization as compared to with the solution. In some cases, nebulization of the 25 suspension resulted in the greatest percentage by weight of total composition emitted by a nebulizer. In other words, under similar nebulization conditions, the PARI LC PLUS and HUDSON nebulizers more efficiently reduced the volume of nebulization suspension than of nebulization solution; however, this did not correspond with the total amount of drug emitted by the nebulizer. 30 Output rate of an SAE-CD nebulization solution versus that of a suspension, each containing budesonide, was compared. A modified version of the method of Example 10 was followed to determine output rate. The tables below summarize the data observed.

WO 2005/065435 PCT/US2005/000082 42 2 minutes Total Bud Total Neb Total Neb Out Put Rate Total Sample ID Bud recvr'd Recovered Time Time 2 minutes Out Put Rate (ug) (ug) (min:sec) (min) (ug/min) (ug/min) 1-PUL-1 84.021 164.199 5:34 5.57 42.01 29.48 1-PUL-2 90.395 175.63 4:58 4.97 45.20 35.34 1-PUL-3 82.046 174.546 4:45 4.75 41.02 36.75 Mean 171.458 Mean 42.74 33.85 SD 6.310 SD 2.18 3.85 CV 3.680 CV 5.10 11.38 2-P5C-1 131.412 258.894 5:42 5.7 65.71 45.42 2-P5C-2 126.945 246.987 5:36 5.6 63.47 44.10 2-P5C-3 128.464 236.371 5:33 5.55 64.23 42.59 Mean 247.417 Mean 64.47 44.04 SD 11.268 SD 1.14 1.42 CV 4.554 CV 1.76 3.22 Data obtained using a PARI LC PLUS nebulizer equipped with a PARI PRONEB ULTRA air compressor. 2 minutes Total Bud Total Neb Total Neb Out Put Rate Total Sample ID Bud recvr'd Recovered Time Time 2 minutes Out Put Rate ((ug) g) (ise) (min) (ug/min) (ug/min) 10-PUL-1 11.200 27.926 5:20 5.33 5.60 5.24 10-PUL-2 29.015 40.11 4:15 4.25 14.51 9.44 10-PUL-3 25.363 30.516 4:17 4.28 12.68 7.13 Mean 32.851 Mean 10.93 7.27 SD 6.419 SD 4.71 2.10 CV 19.539 CV 43.05 28.93 11-P5C-1 41.049 98.155 5:47 5.78 20.52 16.98 11-P5C-2 44.495 131.8 6:00 6 22.25 21.97 11-P5C-3 53.374 132.31 5:55 5.92 26.69 22.35 Mean 120.755 Mean 23.15 20.43 SD 19.574 SD 3.18 2.99 CV 16.210 CV 13.73 14.66 Data obtained using a MYSTIQUE ultrasonic nebulizer. All of the above formulations contain approximately 250 pg/mL of budesonide. 5 The samples identified as "P5C" contain 50 mg/mL (or about 5%) SBE7-P-CD. The table below shows the nebulizer output rate for solutions containing various levels of SAE-CD.

WO 2005/065435 PCT/US2005/000082 43 Sample ID Viscosity Nebulizer % Emitted Nebulization Time Output (Cp) Volume (By Weight (Minutes: Seconds) Rate (ml) Difference) 21.5% w/w 3.06 3 47.47 10:51 4.52 SBE7-p-CD 10.75% w/w 1.84 3 51.36 8:53 6.02 SBE7-p-CD 5.15% w/w 1.23 3 55.47 9:59 5.78 SBE7-p-CD

H

2 0 3 50.36 9:21 5.47 Surprisingly, nebulization of the SAE-CD-containing solution provided a higher budesonide output rate than nebulization of the PULMICORT RESPULES suspension even though the nebulizer emitted a greater total amount of the suspension. Without being 5 held bound to a particular mechanism, it is believed that the nebulizer preferentially nebulizes the water of the suspension rather than the particles of the suspension thereby causing an increase in the molar concentration of budesonide in the suspension in the reservoir. Higher SAE-CD concentrations, above 25% w/v led to slightly longer nebulization times and lower output rates once the viscosity exceeded an approximate 10 upper limit. Based on data above, 21.5±5% w/w SBE7-P-CD concentration was identified as the approximate upper acceptable level for the nebulizer tested, "acceptable" being defined as the upper concentration of SBE7-3-CD that can be used without building up excessive viscosity, which may adversely affect the nebulization time and output rate. The 15 - practical upper limit for concentration of SAE-CD will vary among the nebulizer formats. The upper acceptable concentration of SAE-CD in a liquid formulation for use in a nebulizer may vary according to the DS of the derivative, the alkyl chain length of the sulfoalkyl functional group, and/or the CD ring size of the SAE-CD. For administration to the respiratory tract, particularly the lungs, a nebulizer is 20 used to produce appropriately sized droplets. Typically, the particle size of the droplet produced by a nebulizer for inhalation is in the range between about 0.5 to about 5 microns. If it is desired that the droplets reach the lower regions of the respiratory tract, i.e., the alveoli and terminal bronchi, the preferred particle size range is between about 0.5 and about 2.5 microns. If it is desired that the droplets reach the upper respiratory tract, 25 the preferred particle size range is between 2.5 microns and 5 microns.

WO 2005/065435 PCT/US2005/000082 44 As noted above, viscosity of the nebulization composition can impact droplet size and droplet size distribution. For example, the present formulations tend to form larger droplets, in terms of Dv50, at the lower concentrations, and thereby lower viscosity, of SAE-CD in the absence of budesonide. FIGS. 5a-5b depict droplet size data for 5 nebulization of inhalable compositions with a PARI LC PLUS nebulizer. For each of the figures, a MALVERN laser light scattering device (Mastersizer S, Malvern Instruments Ltd. Malvern, Worcs, U.K.) was used to measure MMAD. FIG. 5a depicts the results obtained using y-CD solutions of varying concentrations (5% w/v, 10% w/v and 20% w/v) in the absence of budesonide. The results indicate that y-CD on its own would not behave 10 acceptably in a nebulizer, since almost all of the mass of the solution is of an unacceptable droplet size range. Even with extensive recycling and droplet size selection by a nebulizer, a y-CD based nebulization solution containing corticosteroid would require an extremely long dosing period due to the low percentage of mass that is of the appropriate droplet size range, especially since y-CD is not an effective solubilizer of budesonide at 15 the concentrations tested. In comparison, FIG. 5b depicts the results obtained using the same nebulizer with PULMICORT RESPULES suspension or a modified PULMICORT RESPULES solution containing SAE-CD of different concentrations (5% w/v, 10% w/v and 20% w/v). With each of these samples, a significant portion of the nebulized mass is of a respirable size 20 range. Moreover, the solutions containing SAE-CD apparently form droplets that are comparable in size to those of the nebulized suspension. Figure 6 depicts droplet size data for nebulization of inhalable compositions with a HUDSON UPDRAFT II NEBUMIST nebulizer charged with PULMICORT RESPULES suspension or a solution containing SAE-CD at different concentrations. (5% w/v, 10% 25 w/v and 20% w/v). As compared to the PARI LC PLUS nebulizer, the NEB-U-MIST forms a slightly larger particle size distribution, a significant portion of the nebulized mass is still in the appropriate size range. Accordingly, the nebulization solution made from the suspension and containing SAE-CD is suitable for use in a variety of different air driven jet nebulizers. 30 The package insert for PULMICORT RESPULES suspension states that the suspension should not be nebulized with an ultrasonic nebulizer. Figure 7 depicts droplet size data for nebulization of inhalable compositions with a MYSTIQUE ultrasonic nebulizer. The compositions include three different SAE-CD containing solutions. Unlike WO 2005/065435 PCT/US2005/000082 45 the suspension, the SAE-CD containing solution can be nebulized with an ultrasonic nebulizer. Thus, the invention provides a method of improving the pulmonary delivery of corticosteroid in a suspension-based unit dose formulation from an ultrasonic nebulizer, the method comprising the step of including SAE-CD in the formulation in an amount 5 sufficient to decrease the amount of undissolved corticosteroid in the suspension-based unit dose formulation. The performance of nebulization compositions across a range of nebulizers is typically compared by comparing the Dv50 of the droplet size distribution for the respective compositions. Figure 8 depicts comparative Dv50 droplet size data for 10 nebulization of an inhalable composition with the three above-mentioned nebulizers. In each case, the SAE-CD containing solutions are suitable for administration by nebulization across a range of concentrations. Moreover, the droplet size distribution can be partially controlled by adjusting the concentration of SAE-CD. Figure 9 is a graph depicting the relationship between concentration of SAE-CD 15 versus output rate of SAE-CD in various different nebulizers with different sources of compressed air required for the specific setup: the RAINDROP-Rat, RAINDROP-Dog, PARI LC STAR-UNC, PARI LC STAR-Rat PARI LC PLUS and DEVILBISS PULMO AIDE air jet driven nebulizers. The nebulizers were used in a variety of setups including free standing as well as animal exposure chambers and/or individual exposure masks. In 20 general, the data demonstrate that output of SAE-CD increases with increasing SAE-CD concentration. Depending upon the nebulizer used, the conditions under which the nebulizer is operated and the concentration of SAE-CD in solution, different maximum output rates can be achieved. For example, the maximum output rate in the Raindrop Dog setup is from a 250 mg/mL CAPTISOL concentration. 25 Even though nebulization of PULMICORT RESPULES suspension with an ultrasonic nebulizer is not recommended, it can be achieved. Figures 10a-10b depict comparative droplet size data for nebulization solutions with the PARI LC PLUS and MYSTIQUE nebulizers of PULMICORT RESPULES suspension and a modified PULMICORT RESPULES-based SAE-CD solution. PULMICORT RESPULES 30 suspension with and without 5% w/v SBE7-p-CD were used as the test samples. The procedure of Example 12 was followed. FIG. 10a depicts the Dvl0 and Dv50 data for the solutions run on the PARI LC PLUS air driven jet nebulizer and FIG. 10b depicts the Dv10 and Dv50 data for the solutions run on the MYSTIQUE ultrasonic nebulizer. In each WO 2005/065435 PCT/US2005/000082 46 case, the droplet size data for the two different solutions is comparable. However, the budesonide output rate for the two solutions was significantly different. Use of SAE-CD in a nebulization composition, however, results in an increased output rate of budesonide regardless of the format of the nebulizer. The invention, thus, provides a method of 5 increasing the output rate of a corticosteroid-containing suspension-based unit dose formulation being delivered by a nebulizer, the method comprising the step of including SAE-CD in the formulation in an amount sufficient to increase the amount of dissolved corticosteroid in the formulation to form an altered formulation, whereby the output rate of corticosteroid for the altered formulation is greater than the output rate of corticosteroid 10 for the suspension formulation. The corticosteroids that are useful in the present invention generally include any steroid produced by the adrenocortex, including glucocorticoids and mineralocorticoids, and synthetic analogs and derivatives of naturally occurring corticosteroids having anti inflammatory activity. Suitable synthetic analogs include prodrugs, ester derivatives 15 Examples of corticosteroids that can be used in the compositions of the invention include aldosterone, beclomethasone, betamethasone, budesonide, ciclesonide (Altana Pharma AG), cloprednol, cortisone, cortivazol, deoxycortone, desonide, desoximetasone, dexamethasone, difluorocortolone, fluclorolone, flumethasone, flunisolide, fluocinolone, fluocinonide, fluocortin butyl, fluorocortisone, fluorocortolone, fluorometholone, 20 flurandrenolone, fluticasone, halcinonide, hydrocortisone, icomethasone, meprednisone, methylprednisolone, mometasone, paramethasone, prednisolone, prednisone, rofleponide, RPR 106541, tixocortol, triamcinolone, and their respective pharmaceutically acceptable derivatives, such as beclomethasone dipropionate (anhydrous or monohydrate), beclomethasone monopropionate, dexamethasone 21 -isonicotinate, fluticasone propionate, 25 icomethasone enbutate, tixocortol 21-pivalate, and triamcinolone acetonide. Particularly preferred are compounds such as beclomethasone dipropionate, budesonide, flunisolide, fluticasone propionate, mometasone furoate, and triamcinolone acetonide. Other corticosteroids not yet commercialized, but that are commercialized subsequent to the filing of this application, are considered useful in the present invention unless it is 30 otherwise established experimentally that they are not suitable. The corticosteroid compound is present in the final, diluted corticosteroid composition designed for inhalation in an amount from about 1 gg/ml to about 10 mg/ml, about 10 pg/ml to about 1 mg/ml, or about 20 pg/ml to about 500 pg/ml. For example, the WO 2005/065435 PCT/US2005/000082 47 drug concentration can be between about 30 and 1000 pg/ml for triamcinolone acetonide, and between about 50 and 2000 pg/ml for budesonide, depending on the volume to be administered. By following the preferred methods of the present invention, relatively high concentrations of the corticosteroid can be achieved in an aqueous-based composition. 5 Similarly, the corticosteroid compound is present in the final, diluted corticosteroid composition designed for nasal administration in an amount from about 50 pg/mil to about 10 mg/ml, about 100 pg/ml to about 2 mg/ml, or about 300 jpg/ml to about 1 mg/mil. For example, the drug concentration is between about 250 jig/ml and 1 mg/ml for triamcinolone acetonide, and between about 400 pg/ml and 1.6 mg/ml for budesonide, 10 depending on the volume to be administered. For the treatment of bronchial inflammation, the diluted corticosteroid composition is prepared as described herein. The corticosteroid for such treatment is preferably either beclomethasone dipropionate, betamethasone, budesonide, dexamethasone, flunisolide, fluticasone propionate, mometasone furoate, or triamcinolone acetonide, and is formulated 15 in the concentrations set forth herein. The daily dose of the corticosteroid is generally about 0.05 to 10 mg, depending on the drug and the disease, in accordance with the Physician's Desk Reference. The corticosteroid can be present in its neutral, ionic, salt, basic, acidic, natural, synthetic, diastereomeric, isomeric, isomeric, enantiomerically pure, racemic, solvate, 20 anhydrous, hydrate, chelate, derivative, analog, esterified, non-esterfied, or other common form. Whenever an active agent is named herein, all such forms available are included. For example, all known forms of budesonide are considered within the scope of the invention. The formulation of the invention can be used to deliver two or more different 25 active agents. Particular combinations of active agents can be provided by the present formulation. Some combinations of active agents include: 1) a first drug from a first therapeutic class and a different second drug from the same therapeutic class; 2) a first drug from a first therapeutic class and a different second drug from a different therapeutic class; 3) a first drug having a first type of biological activity and a different second drug 30 having about the same biological activity; 4) a first drug having a first type of biological activity and a different second drug having a different second type of biological activity. Exemplary combinations of active agents are described herein.

WO 2005/065435 PCT/US2005/000082 48 A corticosteroid, such as budesonide, can be administered in combination with one or more other drugs. Such other drugs include: B 2 adrenoreceptor agonist, topical anesthetic, D 2 receptor agonist, anticholinergic agent.

B

2 -Adrenoreceptor agonists for use in combination with the compositions provided 5 herein include, but are not limited to, Albuterol (alpha, -(((1,1 dimethylethyl)amino)methyl)-4-hydroxy-1,3-benzenedimethanol); Bambuterol (dimethylcarbamic acid 5-(2-((1,1-dimethylethyl)amino)-1-hydroxyethyl)-1,3-phenylene ester); Bitolterol (4-methylbenzoic acid 4-(2-((1,I-dimethylethyl)amino)-1-hydroxyethyl) 1,2-phenyleneester); Broxaterol (3-bromo-alpha-(((1,1-dimethylethyl)amino)methyl)-5 10 isoxazolemethanol); Isoproterenol (4-(1-hydroxy-2-((1-methylethyl- )amino)ethyl)-1,2 benzene-diol); Trimetoquinol (1,2,3,4-tetrahydro-1-((3,4- , 5-trimethoxyplienyl)-methyl) 6,7-isoquinolinediol); Clenbuterol (4-amino-3,5-dichloro-alpha-(((1,1 diemthylethyl)amino)methyl)benzenemethanol); Fenoterol (5-(1 -hydroxy-2-((2-(4 hydroxyphenyl)-1-methylethyl)amino)ethyl)-1,3-benzenediol); Formoterol (2-hydroxy-5 15 ((1RS)-1-hydroxy-2-(((1RS)-2-(p-methoxyphenyl)-1-methylethyl)amino)ethyl) formanilide); (R,R)-Formoterol; Desformoterol ((R,R) or (S,S)-3-amino-4-hydroxy-alpha (((2-(4-methoxyphenyl)-1-methyl-ethyl)amino)methyl)benzenemethanol); Hexoprenaline (4,4'-(1,6-hexane-diyl)-bis(imino(1-hydroxy-2,1-ethanediyl)))bis-1,2-benzenediol); Isoetharine (4-(1-hydroxy-2-((1-methylethyl)amino)butyl)-1,2-benzenediol); Isoprenaline 20 (4-(I-hydroxy-2-((1-methylethyl)amino)ethyl)-1,2-benzenediol); Meta-proterenol (5-(1 hydroxy-2-((1-methylethyl)amino)ethyl)-1,3-benzened- iol); Picumeterol (4-amino-3,5 dichloro-alpha-(((6-(2-(2-pyridinyl)ethoxy)hexyl)-amino)methyl) benzenemethanol); Pirbuterol (.alpha.

6 -(((1,1 -dimethylethyl)-amino)methyl)-3-hydroxy-2,6 pyridinemethanol); Procaterol (((R*,S*)-(.+-.)-8-hydroxy-5-(1-hydroxy-2-((1 25 methylethyl)amino)butyl)-2(1H)-quinolin-one); Reproterol ((7-(3-((2-(3,5 dihydroxyphenyl)-2-hydroxyethyl)amino)-propyl)-3,7-dihydro-1,3-dimethyl-1H-purine 2,6-dione); Rimiterol (4-(hydroxy-2-piperidinylmethyl)-1,2-benzenediol); Salbutamol ((.+-.)-alpha'-(((1,1-dimethylethyl)amino)methyl)-4-hydroxy-1,3-b- enzenedimethanol); (R)-Salbutamol; Salmeterol ((.+-.)-4-hydroxy-.alpha'-(((6-(4-phenylbutoxy)hexyl) 30 amino)methyl)-1,3-benzenedimethanol); (R)-Salmeterol; Terbutaline (5-(2-((1,1 dimethylethyl)amino)-1-hydroxyethyl)-1,3-benzenediol); Tulobuterol (2-chloro-.alpha.

(((1,1 -dimethylethyl)amino)methyl)benzenemethanol); and TA-2005 (8-hydroxy-5-((1R)- WO 2005/065435 PCT/US2005/000082 49 1 -hydroxy-2-(N-((1 R)-2-(4-methoxyphenyl)-1 -methylethyl)amino)ethyl)carbostyril hydrochloride). Dopamine (D 2 ) receptor agonists include, but are not limited to, Apomorphine ((r) 5,6,6a,7-tetrahydro-6-methyl-4H-dibenzo[de,glquinoline-10,11-diol); Bromocriptine 5 ((5'.alpha.)-2-bromo-12'-hydroxy-2'-(1-methylethyl)-5'-(2-methylpropyl)ergotaman-3',6', 18-trione); Cabergoline ((8.beta.)-N-(3-(dimethylamino)propyl)-N-((ethylamino)carbony l)-6-(2-propenyl)ergoline-8-carboxamide); Lisuride (N'-((8-alpha-)-9,10-didehydro-6 methylergolin-8-yl)-N,N-diethylurea); Pergolide ((8-beta-)-8-((methylthio)methyl)-6 propylergoline); Levodopa (3-hydroxy-L-tryrosine); Pramipexole ((s)-4,5,6,7-tetrahydro 10 N6prop- yl-2,6-benzothiazolediamine); Quinpirole hydrochloride (trans-(-)-4aR 4,4a,5,6,7,8,8a,9-octahydro-5-propyl-1H-pyrazolo[3,4-g]quinoline hydrochloride); Ropinirole (4-(2-(dipropylamino)ethyl)-1,3-dihydro-2H-indol-2-one); and Talipexole (5,6,7,8-tetrahydro-6-(2-propenyl)-4H-thia-zolo[4,5-d]azepin-2-amine). Other dopamine

D

2 receptor agonists for use herein are disclosed in International Patent Application 15 Publication No. WO 99/36095, the relevant disclosure of which is hereby incorporated by reference. Anticholinergic agents for use herein include, but are not limited to, ipratropium bromide, oxitropium bromide, atropine methyl nitrate, atropine sulfate, ipratropium, belladonna extract, scopolamine, scopolamine methobromide, homatropine 20 methobromide, hyoscyamine, isopriopramide, orphenadrine, benzalkonium chloride, tiotropium bromide and glycopyrronium bromide. In certain embodiments, the compositions contain an anticholinergic agent, such as ipratropium bromide or tiotropium bromide, at a concentration of about 5 pg/mL to about 5 mg/mL, or about 50 pig/mL to about 200 pg/mL. In other embodiments, the compositions for use in the methods herein 25 contain an anticholinergic agent, including ipratropium bromide and tiotropium bromide, at a concentration of about 83 pg/mL or about 167 pg/mL. Other active ingredients for use herein in combination therapy, include, but are not limited to, IL-5 inhibitors such as those disclosed in U.S. Patents No. 5,668,110, No. 5,683,983, No. 5,677,280, No. 6,071,910 and No. 5,654,276, the relevant disclosures of 30 which are hereby incorporated by reference; antisense modulators of IL-5 such as those disclosed in U.S. Pat. No. 6,136,603, the relevant disclosure of which is hereby incorporated by reference; milrinone (1,6-dihydro-2-methyl-6-oxo-[3,4'-bipyridine]-5 carbonitrile); milrinone lactate; tryptase inhibitors such as those disclosed in U.S. Pat. No.

WO 2005/065435 PCT/US2005/000082 50 5,525,623, the relevant disclosure of which is hereby incorporated by reference; tachykinin receptor antagonists such as those disclosed in U.S. Patents No. 5,691,336, No. 5,877,191, No. 5,929,094, No. 5,750,549 and No. 5,780,467, the relevant disclosures of which are hereby incorporated by reference; leukotriene receptor antagonists such as 5 montelukast sodium (SingularTM., R-(E)]-1-[[[1-[3-[2-(7-chloro-2-quinolinyl)ethenyl ]phenyl]-3-[2-(1-hydroxy-1-methylethyl)phenyl]-propyl]thio]methyl] cyclopro- paneacetic acid, monosodium salt), 5-lypoxygenase inhibitors such as zileuton (ZyfloTM, Abbott Laboratories, Abbott Park, Ill.), and anti-IgE antibodies such as XolairTM (recombinant humanized anti-IgE monoclonal antibody (CGP 51901; IGE 025A; rhuMAb-E25), 10 Genentech, Inc., South San Francisco, Calif.), and topical anesthetics such as lidocaine, N arylamide, aminoalkylbenzoate, prilocaine, etidocaine (U.S. Patents No. 5,510,339, No. 5,631,267, and No. 5,837,713, the relevant disclosures of which are hereby incorporated by reference). The invention includes methods for treatment, prevention, or amelioration of one 15 or more symptoms of bronchoconstrictive disorders. The method further includes administering one or more of (a), (b), (c) or (d) as follows: (a) a b 2 -adrenoreceptor agonist; (b) a dopamine (D 2 ) receptor agonist; (c) a prophylactic therapeutic, such as a steroid; or (d) an anticholinergic agent; simultaneously with, prior to or subsequent to the composition provided herein. 20 Embodiments of the present invention allow for combinations to be prepared in a variety of ways: 1) Mixing ready to use solutions of a P2-agonist such as levalbuterol or anticholinergic such as ipatropium bromide with a ready to use solution of a corticosteroid in SAE-CD; 25 2) Mixing ready .to use solutions of a p2-agonist or anticholinergic with a concentrated solution of a corticosteroid dissolved using SAE-CD; 3) Mixing a ready to use solution of a p2-agonist or anticholinergic with substantially dry SAE-CD and a substantially dry corticosteroid; 4) Mixing a ready to use solution of a p2-agonist or anticholinergic with a 30 substantially dry mixture of SAE-CD and a corticosteroid or more conveniently a pre measured amount of the mixture in a unit container such as a capsule (empty a capsule into ready to use solution); WO 2005/065435 PCT/US2005/000082 51 5) Mixing a ready to use solution of a corticosteroid such as budesonide with a substantially dry long acting or short acting p2-agonist and/or with a substantially dry anticholinergic such as ipatropium bromide or tiotropium bromide; 6) Dissolving a substantially dry p2-agonist, and/or a substantially dry 5 anticholinergic and a substantially dry SAE-CD plus a substantially dry corticosteroid. It is well understood by those of ordinary skill in the art that the above solutions or powders may optionally contain other ingredients such as buffers and/or tonicity adjusters and/or antimicrobials and/or additives or other such excipients as set forth herein or as presently used in inhalable liquid formulations to improve the output of the nebulizer. 10 Dosing, use and administration of the therapeutic agents disclosed herein is generally intended to follow the guidelines set forth in the Physician's Desk Reference, 5 5 th Edition (Thompson Healthcare, Montvale, NJ, 2005) the relevant disclosure of which is hereby incorporated by reference. The bronchoconstrictive disorder to be treated, prevented, or whose one or more 15 symptoms are to be ameliorated is associated with asthma, including, but not limited to, bronchial asthma, allergic asthma and intrinsic asthma, e.g., late asthma and airway hyper responsiveness; and, particularly in embodiments where an anticholinergic agent is used, other chronic obstructive pulmonary diseases (COPDs), including, but not limited to, chronic bronchitis, emphysema, and associated cor pulmonale (heart disease secondary to 20 disease of the lungs and respiratory system) with pulmonary hypertension, right ventricular hypertrophy and right heart failure. COPD is frequently associated with cigarette smoking, infections, environmental pollution and occupational dust exposure. A formulation according to the invention will have a storage shelf life of no less than 6 months. In this case, shelf life is determined only as regards the increase in the 25 amount of budesonide degradation by-products or a reduction in the amount of budesonide remaining in the formulation. For example, for a formulation having a shelf life of at least six months, the formulation will not demonstrate an unacceptable and substantial increase in the amount of degradants during the storage period of at least six months. The criteria for acceptable shelf-life are set as needed according to a given product and its storage 30 stability requirements. In other words, the amount of degradants in a formulation having an acceptable shelf-life will not increase beyond a predetermined value during the intended period of storage. On the other hand, the amount of degradants of a formulation WO 2005/065435 PCT/US2005/000082 52 having an unacceptable shelf-life will increase beyond the predetermined value during the intended period of storage. The method of Example 3 was followed to determine the stability of budesonide in solution. The shelf-life was defined as the time to loss of 10% potency. Under the 5 conditions tested, the loss of potency was first order. The shelf life of a Captisol Enabled@ Budesonide Inhalation Solution (a solution comprising budesonide and SBE7 P-CD) is greater than about 3 years at a pH between 4 and 5, i.e. about 90 months at pH 4.0 and about 108 months at pH 5.0 without the need to add any other stabilizers, such as EDTA, in water in the presence of about 5% wt./vol. SAE-CD. This shelf-life is greater 10 than that reported by Otterbeck (U.S. Patent 5,914,122; up to six weeks at pH 4.0-6.0 in water in the presence of EDTA, HP-p-CD and other additives.) The inventors have also discovered that SAE-CD is capable of stabilizing the isomers of budesonide to different extents. A study to determine if SBE7-p-CD stabilized budesonide solutions and if it preferentially stabilized one isomer was conducted 15 according to Example 13. Figure 11 is a semi-log plot of the % of initial concentration at each time point for the samples stored at 60 *C. Loss of budesonide was first order at each temperature. The table below shows the pseudo-first order rate constants calculated for each isomer at 60 *C and 80 *C. Pseudo 1 st Order Rate constant (hours-) Temperature 60 "C With/without With/without R/S Rate CAPTISOL Rate CAPTISOL rate Ph constant ratio for constant ratio for constan R-isomer R-isomers S-isomer S-isomers t ratio 4 w/ 0.000597 0.00012 5.06 CAPTISOL 4 no 0.00109 0.547 0.0037 0.323 2.99 CAPTISOL 6 w/ 0.001661 0.000361 4.60 CAPTISOL 6 no 0.00432 0.385 0.001872 0.193 2.31 CAPTISOL I WO 2005/065435 PCT/US2005/000082 53 Pseudo 1" Order Rate constant (hours-) Temperature 80 "C With/without With/without Rate CAPTISOL Rate CAPTISOL R/S rate pH Constant ratio for R- constant ratio for S- constant R-isomer isomers S-isomer isomers ratio 4 w/ 0.002250 0.000644 3.49 CAPTISOL 0.607 0.491 4 no 0.003704 0.00131 2.83 CAPTISOL 6 w/ 0.00732 0.00254 2.88 GAPTISOL052 6 no 0.0138 0.529 0.00661 0.3842.09 CAPTISOL I I I SBE7-p-CD stabilized both R- and S-isomers of budesonide in solutions at both pH 4 and 6. The with/without CAPTISOL ratio of rate constants was much less than 1 at all temperatures. SBE7--CD had a greater effect on the stability of both the R and S 5 isomer at pH 6 than at pH 4. At a given temperature the ratio of rate constants with/without SBE7-p-CD was less at pH 6 than at pH 4. Although SBE7-p-CD stabilized both isomers, the S-isomer appears to be stabilized to an even greater extent than the R. At all temperatures and pHs tested, the ratio of rate constants with/without SBE7-p-CD was lower for the S isomer. The degree of stabilization affected by SBE7-p-CD at 60 0 C is 10 greater than at 80*C. An even greater degree of stabilization would be expected at 40C and/or room temperature (20-30 C). Samples of the above solutions were also placed in a chamber under a bank of fluorescent lights. Vials were periodically removed and assayed for budesonide. Figure 12 shows the semi-log plot of the % of initial value remaining as a function of light 15 exposure (light intensity * time). As noted in the table below, SBE7-p-CD significantly reduced the photodecomposition of budesonide. The loss of budesonide was first order and independent of pH. Light Stability of Budesonide Pseudo 1st Order Rate constant (hour) pH4 pH6 Captisol 0.0585 0.0562 No Captisol 0.0812 0.0822 WO 2005/065435 PCT/US2005/000082 54 The formulation of the invention can be provided as a kit adapted to form an inhalable solution for nebulization. The kit would comprise a corticosteroid, SAE-CD, an aqueous carrier, and optionally one or more other components. The corticosteroid and 5 SAE-CD can be provided together or separately in solid, suspended or dissolved form. After mixing SAE-CD with corticosteroid in the presence of an aqueous carrier, the solids will dissolve to form an inhalable solution rather than suspension for nebulization. Each component can be provided in an individual container or together with another component. For example, SAE-CD can be provided in an aqueous solution while budesonide is 10 provided in dry solid form or wet suspended form. Alternatively, SAE-CD is provided in dry form and budesonide is provided as an aqueous suspension, e.g., PULMICORT RESPULESTM. The kit can instead comprise an admixture of a solid derivatized cyclodextrin and solid corticosteroid and, optionally, at least one solid pharmaceutical excipient, such that a major portion of the active agent is not complexed with the 15 derivatized cyclodextrin prior to reconstitution of the admixture with an aqueous carrier. Alternatively, the composition can comprise a solid mixture comprising the inclusion complex of a derivatized cyclodextrin and an active agent, wherein a major portion of the active agent is complexed with the derivatized cyclodextrin prior to reconstitution of the solid mixture with an aqueous carrier. Depending upon the storage temperature of the kit, 20 the aqueous carrier may be a liquid or frozen solid. In one embodiment, the kit excludes the aqueous carrier during storage, but the aqueous carrier is added to the SAE-CD and corticosteroid prior to use to form the nebulization solution. The corticosteroid and SAE CD can be complexed and present in aqueous concentrated form prior to addition of the aqueous carrier, which is later added to bring the solution to volume and proper viscosity 25 and concentration for nebulization. A reconstitutable formulation can be prepared according to any of the following processes. A liquid formulation of the invention is first prepared, then a solid is formed by lyophilization (freeze-drying), spray-drying, spray freeze-drying, antisolvent precipitation, various processes utilizing supercritical or near supercritical fluids, or other methods known to those of ordinary skill in the art to make a 30 solid for reconstitution. A liquid vehicle included in a formulation of the invention comprises an aqueous liquid carrier, such as water, aqueous alcohol, or aqueous organic solvent.

WO 2005/065435 PCT/US2005/000082 55 Although not necessary, the formulation of the present invention may include a conventional preservative, antioxidant, buffering agent, acidifying agent, alkalizing agent, colorant, solubility-enhancing agent, complexation-enhancing agent, electrolyte, glucose, stabilizer, tonicity modifier, bulking agent, antifoaming agent, oil, emulsifying agent, 5 cryoprotectant, plasticizer, flavors, sweeteners, a tonicity modifier, surface tension modifier, viscosity modifier, density modifier, volatility modifier, other excipients known by those of ordinary skill in the art for use in preserved formulations, or a combination thereof. As used herein, the term "alkalizing agent" is intended to mean a compound used 10 to provide alkaline medium, such as for product stability. Such compounds include, by way of example and without limitation, ammonia solution, ammonium carbonate, diethanolamine, monoethanolamine, potassium hydroxide, sodium borate, sodium carbonate, sodium bicarbonate, sodium hydroxide, triethanolamine, diethanolamine, organic amine base, alkaline amino acids and trolamine and others known to those of 15 ordinary skill in the art. As used herein, the term "acidifying agent" is intended to mean a compound used to provide an acidic medium for product stability. Such compounds include, by way of example and without limitation, acetic acid, acidic amino acids, citric acid, fumaric acid and other alpha hydroxy acids, hydrochloric acid, ascorbic acid, phosphoric acid, sulfuric 20 acid, tartaric acid and nitric acid and others known to those of ordinary skill in the art. Inclusion of a conventional preservative in the inhalable solution formulation is optional, since the formulation is self-preserved by SAE-CD depending upon its concentration in solution. Nonetheless, a conventional preservative can be further included in the formulation if desired. Preservatives can be used to inhibit microbial 25 growth in the compositions. The amount of preservative is generally that which is necessary to prevent microbial growth in the composition for a storage period of at least six months. As used herein, a conventional preservative is a compound used to at least reduce the rate at which bioburden increases, but preferably maintains bioburden steady or reduces bioburden after contamination has occurred. Such compounds include, by way of 30 example and without limitation, benzalkonium chloride, benzethonium chloride, benzoic acid, benzyl alcohol, cetylpyridinium chloride, chlorobutanol, phenol, phenylethyl alcohol, phenylmercuric nitrate, phenylmercuric acetate, thimerosal, metacresol, myristylgamma picolinium chloride, potassium benzoate, potassium sorbate, sodium benzoate, sodium WO 2005/065435 PCT/US2005/000082 56 propionate, sorbic acid, thymol, and methyl, ethyl, propyl or butyl parabens and others known to those of ordinary skill in the art. As used herein, the term "antioxidant" is intended to mean an agent that inhibits oxidation and thus is used to prevent the deterioration of preparations by the oxidative 5 process. Such compounds include, by way of example and without limitation, acetone, potassium metabisulfite, potassium sulfite, ascorbic acid, ascorbyl palmitate, citric acid, butylated hydroxyanisole, butylated hydroxytoluene, hypophophorous acid, monothioglycerol, propyl gallate, sodium ascorbate, sodium citrate, sodium sulfide, sodium sulfite, sodium bisulfite, sodium formaldehyde sulfoxylate, thioglycolic acid, 10 EDTA, pentetate, and sodium metabisulfite and others known to those of ordinary skill in the art. As used herein, the term "buffering agent" is intended to mean a compound used to resist change in pH upon dilution or addition of acid or alkali. Buffers are used in the present compositions to adjust the pH to a range of between about 2 and about 8, about 3 15 to about 7, or about 4 to about 5. Such compounds include, by way of example and without limitation, acetic acid, sodium acetate, adipic acid, benzoic acid, sodium benzoate, boric acid, sodium borate, citric acid, glycine, maleic acid, monobasic sodium phosphate, dibasic sodium phosphate, HEPES, lactic acid, tartaric acid, potassium metaphosphate, potassium phosphate, monobasic sodium acetate, sodium bicarbonate, tris, sodium tartrate 20 and sodium citrate anhydrous and dihydrate and others known to those of ordinary skill in the art. Other buffers include citric acid/phosphate mixture, acetate, barbital, borate, Britton-Robinson, cacodylate, citrate, collidine, formate, maleate,.Mcllvaine, phosphate, Prideaux-Ward, succinate, citrate-phosphate-borate (Teorell-Stanhagen), veronal acetate, MES (2-(N-morpholino)ethanesulfonic acid), BIS-TRIS (bis(2-hydroxyethyl)imino 25 tris(hydroxymethyl)methane), ADA (N-(2-acetamido)-2-iminodiacetic acid), ACES (N (carbamoylmethyl)-2-aminoethanesulfonaic acid), PIPES (piperazine-N,N'-bis(2 ethanesulfonic acid)), MOPSO (3-(N-morpholino)-2-hydroxypropanesulfonic acid), BIS TRIS PROPANE (1,3-bis(tris(hydroxymethyl)methylamino)propane), BES (N,N-bis(2 hydroxyethyl)-2-aminoethanesulfonaic acid), MOPS (3-(N-morpholino)propanesulfonic 30 acid), TES (N-tris(hydroxymethyl)methyl-2-aminoethanesulfonic acid), HEPES (N-(2 hydroxyethyl)piperazine-N'-(2-ethanesulfonic acid), DIPSO (3-(NN-bis(2 hydroxyethyl)amino)-2-hydroxypropanesulfonic acid), MOBS (4-(N-morpholino) butanesulfonic acid), TAPSO (3-(N-tris(hydroxymethyl)methylamino)-2- WO 2005/065435 PCT/US2005/000082 57 hydroxypropanesulfonic acid), TRIZMATM (tris(hydroxymethylaminomethane), HEPPSO (N-(2-hydroxyethyl)piperazine-N'-(2-hydroxypropanesulfonic acid), POPSO (piperazine N,N'-bis(2-hydroxypropanesulfonic acid)), TEA (triethanolamine), EPPS (N-(2 hydroxyethyl)piperazine-N'-(3-propanesulfonic acid), TRICINE (N 5 tris(hydroxymethyl)methylglycine), GLY-GLY (glycylglycine), BICINE (N,N-bis(2 hydroxyethyl)glycine), HEPBS (N-(2-hydroxyethyl)piperazine-N'-(4-butanesulfonic acid)), TAPS (N-tris(hydroxymethyl)methyl-3-aminopropanesulfonic acid), AMPD (2 amino-2-methyl-1,3-propanediol), and/or any other buffers known to those of skill in the art. 10 A complexation-enhancing agent can be added to a formulation of the invention. When such an agent is present, the ratio of cyclodextrin /active agent can be changed. A complexation-enhancing agent is a compound, or compounds, that enhance(s) the complexation of the active agent with the cyclodextrin. Suitable complexation enhancing agents include one or more pharmacologically inert water soluble polymers, hydroxy 15 acids, and other organic compounds typically used in liquid formulations to enhance the complexation of a particular agent with cyclodextrins. Hydrophilic polymers can be used as complexation-enhancing, solubility enhancing and/or water activity reducing agents to improve the performance of formulations containing a cyclodextrin. Loftsson has disclosed a number of polymers 20 suitable for combined use with a cyclodextrin (underivatized or derivatized) to enhance the performance and/or properties of the cyclodextrin. Suitable polymers are disclosed in Pharmazie (2001), 56(9), 746-747; International Journal of Pharmaceutics (2001), 212(1), 29-40; Cyclodextrin: From Basic Research to Market, International Cyclodextrin Symposium, 10th, Ann Arbor, MI, United States, May 21-24, 2000 (2000), 10-15 (Wacker 25 Biochem Corp.: Adrian, Mich.); PCT International Publication No. WO 9942111; Pharmazie, 53(11), 733-740 (1998); Pharm. Technol. Eur., 9(5), 26-34 (1997); J. Pharm. Sci. 85(10), 1017-1025 (1996); European Patent Application EP0579435; Proceedings of the International Symposium on Cyclodextrins, 9th, Santiago de Comostela, Spain, May 31-June 3, 1998 (1999), 261-264 (Editor(s): Labandeira, J. J. Torres; Vila-Jato, J. L. 30 Kluwer Academic Publishers, Dordrecht, Neth); S.T.P. Pharma Sciences (1999), 9(3), 237-242; ACS Symposium Series (1999), 737(Polysaccharide Applications), 24-45; Pharmaceutical Research (1998), 15(11), 1696-1701; Drug Development and Industrial Pharmacy (1998), 24(4), 365-370; International Journal ofPharmaceutics (1998), 163(1- WO 2005/065435 PCT/US2005/000082 58 2), 115-121; Book of Abstracts, 216th ACS National Meeting, Boston, August 23-27 (1998), CELL-016, American Chemical Society; Journal of Controlled Release, (1997), 44/1 (95-99); Pharm.Res. (1997) 14(11), S203; Investigative Ophthalmology & Visual Science, (1996), 37(6), 1199-1203; Proceedings of the International Symposium on 5 Controlled Release of Bioactive Materials (1996), 23rd, 453-454; Drug Development and Industrial Pharmacy (1996), 22(5), 401-405; Proceedings of the International Symposium on Cyclodextrins, 8th, Budapest, Mar. 31-Apr. 2, (1996), 373-376. (Editor(s): Szejtli, J.; Szente, L. Kluwer: Dordrecht, Neth.); Pharmaceutical Sciences (1996), 2(6), 277-279; European Journal of Pharmaceutical Sciences, (1996) 4(SUPPL.), S 144; Third European 10 Congress of Pharmaceutical Sciences Edinburgh, Scotland, UK September 15-17, 1996; Pharmazie, (1996), 51(1), 39-42; Eur. J. Pharm. Sci. (1996), 4(Suppl.), S143; U.S. Patents No. 5,472,954 and No. 5,324,718; International Journal of Pharmaceutics (Netherlands), (Dec. 29, 1995) 126, 73-78; Abstracts of Papers of the American Chemical Society, (02 APR 1995) 209(1), 33-CELL; European Journal of Pharmaceutical Sciences, (1994) 2, 15 297-301; Pharmaceutical Research (New York), (1994) 11(10), S225; International Journal of Pharmaceutics (Netherlands), (Apr 11, 1994) 104, 181-184; and International Journal of Pharmaceutics (1994), 110(2), 169-77, the entire disclosures of which are hereby incorporated by reference. Other suitable polymers are well-known excipients commonly used in the field of 20 pharmaceutical formulations and are included in, for example, Remington's Pharmaceutical Sciences, 18th Edition, Alfonso R. Gennaro (editor), Mack Publishing Company, Easton, PA, 1990, pp. 291-294; Alfred Martin, James Swarbrick and Arthur Commarata, Physical Pharmacy. Physical Chemical Principles in Pharmaceutical Sciences, 3rd edition (Lea & Febinger, Philadelphia, PA, 1983, pp. 592-638); A.T. 25 Florence and D. Altwood, (Physicochemical Principles of Pharmacy, 2nd Edition, MacMillan Press, London, 1988, pp. 281-334. The entire disclosures of the references cited herein are hereby incorporated by references. Still other suitable polymers include water-soluble natural polymers, water-soluble semi-synthetic polymers (such as the water soluble derivatives of cellulose) and water-soluble synthetic polymers. The natural 30 polymers include polysaccharides such as inulin, pectin, algin derivatives (e.g. sodium alginate) and agar, and polypeptides such as casein and gelatin. The semi-synthetic polymers include cellulose derivatives such as methylcellulose, hydroxyethylcellulose, hydroxypropyl cellulose, their mixed ethers such as hydroxypropyl methylcellulose and WO 2005/065435 PCT/US2005/000082 59 other mixed ethers such as hydroxyethyl ethylcellulose and hydroxypropyl ethylcellulose, hydroxypropyl methylcellulose phthalate and carboxymethylcellulose and its salts, especially sodium carboxymethylcellulose. The synthetic polymers include polyoxyethylene derivatives (polyethylene glycols) and polyvinyl derivatives (polyvinyl 5 alcohol, polyvinylpyrrolidone and polystyrene sulfonate) and various copolymers of acrylic acid (e.g. carbomer). Other natural, semi-synthetic and synthetic polymers not named here which meet the criteria of water solubility, pharmaceutical acceptability and pharmacological inactivity are likewise considered to be within the ambit of the present invention. 10 An emulsifying agent is intended to mean a compound that aids the formation of an emulsion. An emulsifier can be used to wet the corticorsteroid and make it more amenableio dissolution. Emulsifiers for use herein include, but are not limited to, polyoxyetheylene sorbitan fatty esters or polysorbates, including, but not limited to, polyethylene sorbitan monooleate (Polysorbate 80), polysorbate 20 (polyoxyethylene (20) 15 sorbitan monolaurate), polysorbate 65 (polyoxyethylene (20) sorbitan tristearate), polyoxyethylene (20) sorbitan mono-oleate, polyoxyethylene (20) sorbitan monopalmitate, polyoxyethylene (20) sorbitan monostearate; lecithins; alginic acid; sodium alginate; potassium alginate; ammonium alginate; calcium alginate; propane-1,2-diol alginate; agar; carrageenan; locust bean gum; guar gum; tragacanth; acacia; xanthan gum; karaya gum; 20 pectin; amidated pectin; ammonium phosphatides; microcrystalline cellulose; methylcellulose; hydroxypropylcellulose; hydroxypropylmethylcellulose; ethylmethylcellulose; carboxymethylcellulose; sodium, potassium and calcium salts of fatty acids; mono-and di-glycerides of fatty acids; acetic acid esters of mono- and di glycerides of fatty acids; lactic acid esters of mono-and di-glycerides of fatty acids; citric 25 acid esters of mono-and di-glycerides of fatty acids; tartaric acid esters of mono-and di glycerides of fatty acids; mono-and diacetyltartaric acid esters of mono-and di-glycerides of fatty acids; mixed acetic and tartaric acid esters of mono-and di-glycerides of fatty acids; sucrose esters of fatty acids; sucroglycerides; polyglycerol esters of fatty acids; polyglycerol esters of polycondensed fatty acids of castor oil; propane-1,2-diol esters of 30 fatty acids; sodium stearoyl-2-lactylate; calcium stearoyl-2-lactylate; stearoyl tartrate; sorbitan monostearate; sorbitan tristearate; sorbitan monolaurate; sorbitan monooleate; sorbitan monopalmitate; extract of quillaia; polyglycerol esters of dimerised fatty acids of soya bean oil; oxidatively polymerised soya bean oil; and pectin extract.

WO 2005/065435 PCT/US2005/000082 60 As used herein, the term "stabilizer" is intended to mean a compound used to stabilize the therapeutic agent against physical, chemical, or biochemical process that would reduce the therapeutic activity of the agent. Suitable stabilizers include, by way of example and without limitation, albumin, sialic acid, creatinine, glycine and other amino 5 acids, niacinamide, sodium acetyltryptophonate, zinc oxide, sucrose, glucose, lactose, sorbitol, mannitol, glycerol, polyethylene glycols, sodium caprylate and sodium saccharin and other known to those of ordinary skill in the art. As used herein, the term "tonicity modifier" is intended to mean a compound or compounds that can be used to adjust the tonicity of the liquid formulation. Suitable 10 tonicity modifiers include glycerin, lactose, mannitol, dextrose, sodium chloride, sodium sulfate, sorbitol, trehalose and others known to those of ordinary skill in the art. Other tonicity modifiers include both inorganic and organic tonicity adjusting agents. Tonicity modifiers include, but are not limited to, ammonium carbonate, ammonium chloride, ammonium lactate, ammonium nitrate, ammonium phosphate, ammonium sulfate, 15 ascorbic acid, bismuth sodium tartrate, boric acid, calcium chloride, calcium disodium edetate, calcium gluconate, calcium lactate, citric acid, dextrose, diethanolamine, dimethylsulfoxide, edetate disodium, edetate trisodium monohydrate, fluorescein sodium, fructose, galactose, glycerin, lactic acid, lactose, magnesium chloride, magnesium sulfate, mannitol, polyethylene glycol, potassium acetate, potassium chlorate, potassium chloride, 20 potassium iodide, potassium nitrate, potassium phosphate, potassium sulfate, proplyene glycol, silver nitrate, sodium acetate, sodium bicarbonate, sodium biphosphate, sodium bisulfite, sodium borate, sodium bromide, sodium cacodylate, sodium carbonate, sodium chloride, sodium citrate, sodium iodide, sodium lactate, sodium metabisulfite, sodium nitrate, sodium nitrite, sodium phosphate, sodium propionate, sodium succinate, sodium 25 sulfate, sodium sulfite, sodium tartrate, sodium thiosulfate, sorbitol, sucrose, tartaric acid, triethanolamine, urea, urethan, uridine and zinc sulfate. In one embodiment, the tonicity of the liquid formulation approximates the tonicity of the tissues in the respiratory tract. An osmotic agent can be used in the compositions to enhance the overall comfort to the patient upon delivery of the corticosteroid composition. Osmotic agents can be 30 added to adjust the tonicity of SAE-CD containing solutions. Osmolality is related to concentration of SAE-CD in water. At SBE7-p-CD concentrations below about 11-13% w/v, the solutions are hypotonic or hypoosmotic with respect to blood and at SBE7-p-CD concentrations above about 11-13% w/v the SBE7-p-CD containing solutions are WO 2005/065435 PCT/US2005/000082 61 hypertonic or hyperosmotic with respect to blood. When red blood cells are exposed to solutions that are hypo- or hypertonic, they can shrink or swell in size, which can lead to hemolysis. As noted above and in Figure 1, SBE-CD is less prone to induce hemolysis than other derivatized cyclodextrins. Suitable osmotic agents include any low molecular 5 weight water-soluble species pharmaceutically approved for pulmonary and nasal delivery such as sodium chloride, lactose and glucose. The formulation of the invention can also include biological salt(s), potassium chloride, or other electrolyte(s). As used herein, the term "antifoaming agent" is intended to mean a compound or compounds that prevents or reduces the amount of foaming that forms on the surface of 10 the liquid formulation. Suitable antifoaming agents include dimethicone, simethicone, octoxynol, ethanol and others known to those of ordinary skill in the art. As used herein, the term "bulking agent" is intended to mean a compound used to add bulk to the lyophilized product and/or assist in the control of the properties of the formulation during lyophilization. Such compounds include, by way of example and 15 without limitation, dextran, trehalose, sucrose, polyvinylpyrrolidone, lactose, inositol, sorbitol, dimethylsulfoxide, glycerol, albumin, calcium lactobionate, and others known to those of ordinary skill in the art. As used herein, the term "cryoprotectant" is intended to mean a compound used to protect an active therapeutic agent from physical or chemical degradation during 20 lyophilization. Such compounds include, by way of example and without limitation, dimethyl sulfoxide, glycerol, trehalose, propylene glycol, polyethylene glycol, and others known to those of ordinary skill in the art. A solubility-enhancing agent can be added to the formulation of the invention. A solubility-enhancing agent is a compound, or compounds, that enhance(s) the solubility of 25 the active agent when in a liquid formulation. When such an agent is present, the ratio of cyclodextrin/active agent can be changed. Suitable solubility enhancing agents include one or more organic solvents, detergents, soaps, surfactant and other organic compounds typically used in parenteral formulations to enhance the solubility of a particular agent. Suitable organic solvents that can be used in the formulation include, for example, 30 ethanol, glycerin, polyethylene glycols, propylene glycol, poloxomers, and others known to those of ordinary skill in the art. It should be understood, that compounds used in the art of pharmaceutical formulations generally serve a variety of functions or purposes. Thus, if a compound WO 2005/065435 PCT/US2005/000082 62 named herein is mentioned only once or is used to define more than one term herein, its purpose or function should not be construed as being limited solely to that named purpose(s) or function(s). An active agent contained within the present formulation can be present as its 5 pharmaceutically acceptable salt. As used herein, "pharmaceutically acceptable salt" refers to derivatives of the disclosed compounds wherein the active agent is modified by reacting it with an acid or base as needed to form an ionically bound pair. Examples of pharmaceutically acceptable salts include conventional non-toxic salts or the quaternary ammonium salts of the parent compound formed, for example, from non-toxic inorganic 10 or organic acids. Suitable non-toxic salts include those derived from inorganic acids such as hydrochloric, hydrobromic, sulfuric, sulfonic, sulfamic, phosphoric, nitric and others known to those of ordinary skill in the art. The salts prepared from organic acids such as amino acids, acetic, propionic, succinic, glycolic, stearic, lactic, malic, tartaric, citric, ascorbic, pamoic, maleic, hydroxymaleic, phenylacetic, glutamic, benzoic, salicylic, 15 sulfanilic, 2-acetoxybenzoic, fumaric, toluenesulfonic, methanesulfonic, ethane disulfonic, oxalic, isethionic, and others known to those of ordinary skill in the art. The pharmaceutically acceptable salts of the present invention can be synthesized from the parent active agent which contains a basic or acidic moiety by conventional chemical methods. Lists of other suitable salts are found in Remington's Pharmaceutical Sciences, 20 17'h. ed., Mack Publishing Company, Easton, PA, 1985, the relevant disclosure of which is hereby incorporated by reference. The phrase "pharmaceutically acceptable" is employed herein to refer to those compounds, materials, compositions, and/or dosage forms which are, within the scope of sound medical judgment, suitable for use in contact with the tissues of human beings and 25 animals without excessive toxicity, irritation, allergic response, or other problem or complication, commensurate with a reasonable benefit/risk ratio. As used herein, the term "patient" or "subject" are taken to mean warm blooded animals such as mammals, for example, cats, dogs, mice, guinea pigs, horses, bovine cows, sheep and humans. 30 A formulation of the invention will comprise an active agent present in an effective amount. By the term "effective amount", is meant the amount or quantity of active agent that is sufficient to elicit the required or desired response, or in other words, the amount WO 2005/065435 PCT/US2005/000082 63 that is sufficient to elicit an appreciable biological response when administered to a subject. In view of the above description and the examples below, one of ordinary skill in the art will be able to practice the invention as claimed without undue experimentation. 5 The foregoing will be better understood with reference to the following examples that detail certain procedures for the preparation of formulations according to the present invention. All references made to these examples are for the purposes of illustration. The following examples should not be considered exhaustive, but merely illustrative of only a few of the many embodiments contemplated by the present invention. 10 EXAMPLE Exemplary formulations according to the invention were made according to the following general procedures. 0 Method A. 15 Cyclodextrin is dissolved in water (or buffer) to form a solution containing a known concentration of cyclodextrin. This solution is mixed with an active agent in solid, suspension, gel, liquid, paste, powder or other form while mixing, optionally while heating to form an inhalable solution. Method B. 20 A known amount of substantially dry cyclodextrin is mixed with a known amount of substantially dry active agent. A liquid is added to the mixture to form a suspension, gel, solution, syrup or paste while mixing, optionally while heating and optionally in the presence of one or more other excipients, to form an inhalable solution. Method C. 25 A known amount of substantially dry cyclodextrin is added to a suspension, gel, solution, syrup or paste comprising a known amount of active agent while mixing, optionally while heating and optionally in the presence of one or more other excipients, to form an inhalable solution. The methods of this example may be modified by the inclusion of a wetting agent 30 in the composition in order to facilitate dissolution and subsequent inclusion complexation WO 2005/065435 PCT/US2005/000082 64 of the corticosteroid. A surfactant, soap, detergent or emulsifying agent can be used as a wetting agent. EXAMPLE 2 The MMD of nebulized solutions containing SBE7-P-CD and budesonide was 5 determined as follows. Placebo solutions of three different cyclodextrins were prepared at different concentrations. Two ml of the solutions were added to the cup of a Pari LC Plus nebulizer supplied with air from a Pari Proneb Ultra compressor. The particle size of the emitted droplets was determined using a Malvern Mastersizer S laser light scattering instrument. 10 EXAMPLE 3 The stability of liquid formulations containing SAE-CD was determined by HPLC chromatography of aliquots periodically drawn from the liquid in storage. Citrate-phosphate (McIlvaines) buffer solutions at a pH of 4, 5, 6, 7, or 8 were prepared by mixing various portions of 0.01M citric acid with 0.02 M Na 2

HPO

4 . These 15 stock solutions contained 5% w/w Captisol. Approximately 250 pg /mL of budesonide was dissolved in each buffer solution. Aliquots of the solutions were stored at 40 *C, 50 0 C and 60 'C. Control samples were stored at 5 C but are not reported here. HPLC analysis of the samples was performed initially and after 1, 2, and 3 months storage. The HPLC conditions included: 20 Instrument: PE Series 200 Column: Phenomenex Luna C 18(2) 4.6x150 mm 3um Mobile Phase: 58% Phosphate Buffer pH 3.4/ 39.5% ACN /2.5% MeOH Mobile Phase Program: 100% A (isocratic) Wavelength 240 Flow Rate: 0.6 mL/min Standard Range: Seven standards - 1 to 500 pg/mL EXAMPLE 4 The viscosity of aqueous solutions containing SAE-CD were measured using a cone and plate viscometer. 25 A Brookfield Programmable DV-III+ Rheometer, CPE-40 cone and CPE 40Y plate (Brookfield Engineering Laboratories, Middleboro, MA) was used to make measurements WO 2005/065435 PCT/US2005/000082 65 on 0.5ml samples at 1, 2, 3, 5 and 10 rpm. Samples were sheered for approximately 5 revolutions prior to each measurement. This allowed accurate rheological characterization of the samples. The temperature of all samples was equilibrated to 25+/-1 degree centigrade using a double wall viscometer cone supplied with water from an electronically 5 controlled thermostatic circulating water bath (Model, 8001, Fisher Scientific, Pittsburgh, PA). The viscometer was calibrated using 5 and 50 centipoise using silicon oil calibration standards. Viscosity measurements were made at 5 or more rotation speeds to look for sheer thinning behavior (viscosities that decrease as the rate of sheer increases). Higher rotation speeds result in increased rates of sheer. 10 EXAMPLE5 Nebulizer output rate as a function of SAE-CD concentration was measured according to the following general procedure. Nebulizer Output was tested using Pari LC Plus Nebulizer with a Pari ProNeb Ultra Air Compressor (Minimum Nebulizer Volume = 2ml, Maximum Nebulizer Volume 15 = 8ml) for solutions containing 43%, 21.5%, 10.75% and 5.1 5%w/w SBE7-p-CD. Percentage of sample emitted was estimated gravimetrically. The nebulizer cup was weighed before and after nebulization was complete. Nebulization Time was defined as the duration of time when nebulizer run was started until the time of first sputter. Nebulizer Output Rate was calculated by dividing % Emitted with Nebulization Time. 20 EXAMPLE6 Preparation of an inhalable solution containing budesonide. A buffer solution containing 3mM Citrate Buffer and 82mM NaCl at pH 4.45 is prepared. ~12.5 grams of CAPTISOL was placed into a 250 ml volumetric flask. -62.5 mg of budesonide was placed into the same flask. Flask was made to volume with the 25 3mM citrate buffer/82mM NaCl solution. The flask was well-mixed on a vortexer for 10 minutes and sonicated for 10 minutes. The flask was stirred over weekend with magnetic stirrer. Stirring was stopped after ~62 hours and flask was revortexed and resonicated again for 10 minutes each. The solution was filtered through a 0.22 pm Durapore Millex GV Millipore syringe filter unit. The first few drops were discarded before filter rest of 30 solution into an amber glass jar with a Teflon-lined screw cap. Sample concentration was ~237 gg/ml.

WO 2005/065435 PCT/US2005/000082 66 EXAMPLE 7 Preparation of an inhalable solution containing budesonide. Approximately 5 grams of CAPTISOL was placed into a 100 mL volumetric flask. ~26.3 mg of budesonide was placed into the same flask. The flask was made to volume 5 with the 3mM citrate buffer/82mM NaCl solution. The mixture was well-mixed on a vortexer for 10 minutes and sonicated for 10 minutes. The mixture was stirred overnight with a magnetic stirrer. Stirring was stopped after -16 hours and flask was revortexed and resonicated again for 10 minutes each. The solution was filtered through 0.22 pm Durapore Millex-GV Millipore syringe filter unit. The first 5 drops were discarded before 10 filter rest of solution into an amber glass jar with a Teflon-lined screw cap. Sample was analyzed to be 233 pg budesonide/ml. EXAMPLE8 Preparation of an inhalable solution containing budesonide. The procedure of Example 7 was followed except that 12.5 g of CAPTISOL, 62.5 15 mg of budesonide and about 250 ml of buffer were used. Sufficient disodium EDTA was added to prepare a solution having an EDTA concentration of about 0.01 or 0.05 % wt/v EDTA. EXAMPLE 9 Preparation of a solution containing SAE-CD and budesonide as prepared from a 20 PULMICORT RESPULES suspension. Method A. To the contents of one or more containers of the Pulmicort Respules (nominally 2 mL of the suspension), about 50 mg (corrected for water content) of CAPTISOL was added per mL of Respule and mixed or shaken well for several minutes. After standing 25 from about 30 minutes to several hours, the solution was used as is for in vitro characterization. In addition to budesonide and water, the PULMICORT RESPULE (suspension) also contains the following in active ingredients per the label: citric acid, sodium citrate, sodium chloride, disodium EDTA and polysorbate 80.

WO 2005/065435 PCT/US2005/000082 67 Method B. Weigh approximately 200 mg amounts of CAPTISOL (corrected for water content) into 2-dram amber vials. Into each vial containing the weighed amount of CAPTISOL empty the contents of two Pulmicort Respules containers (0.5 mg/2 mL, Lot # 5 308016 Feb05) by gently squeezing the deformable plastic container to the last possible drop. The Respules were previously swirled to re-suspend the budesonide particles. The vials are screw capped, mixed vigorously by vortex and then foil wrapped. The material can be kept refrigerated until use. The inhalable liquid composition prepared according to any of these methods can 10 be used in any known nebulizer. By converting the suspension to a liquid, an improvement in delivery of budesonide (a corticosteroid) is observed. EXAMPLE 10 Other solutions according to the invention can be prepared as detailed below. Component Mg per ml Mg per ml (as prepared) (per target) Concentrate Concentrate Final Solution A B Budesonide EP 1 -1.6 (sat'd) 0.250 CAPTISOL 200 200 50 Sodium Citrate tribasic 0 0 0.44 dihydrate Citric Acid 0 0 0.32 Sodium Chloride 0 0 4.8 Disodium EDTA 0 0 0-0.5 Polysorbate 80 (Tween 0 0 0-1 80) Water Qs Qs Dilute with buffer containing CAPTISOL 15 e Dilute Concentrate A at a ratio of 1 to 4 with pH 4.5 salinated citrate buffer (4 mM containing 109 mM sodium chloride) containing 5% w/v CAPTISOL on an anhydrous basis. Filter the diluted concentrate through a 0.22 pm Millipore Durapore Millex-GV syringe filter unit. Assay the filtered solution by HPLC then add supplemental budesonide as needed to give a solution final concentration 20 of about 250 pg/mL (± < 5%).

WO 2005/065435 PCT/US2005/000082 68 * Dilute Concentrate B at a ratio of 1 to 4 with pH 4.5 salinated citrate buffer (4 mM containing 109 mM sodium chloride) containing 5% w/v CAPTISOL on an anhydrous basis. Filter the diluted concentrate through a 0.22 pm Millipore Durapore Millex-GV syringe filter unit. Assay the filtered solution by HPLC 5 then dilute further with pH 4.5 salinated citrate buffer (3 mM containing 82 mM sodium chloride) as required to give a final solution concentration of about 250 pg/mL (± < 5%). This technique takes advantage of the excess solid budesonide used to saturate the solution. EXAMPLE 11 10 Clarity of solutions was determined by visual inspection or instrumentally. A clear solution is at least clear by visual inspection with the unaided eye. EXAMPLE 12 The following method was used to determine the performance of nebulization compositions emitted from a nebulizer according to FIGS. 1Oa-10b. 15 Two ml of the test CD solution or Pulmicort suspension was accurately pipetted by volumetric pipettes into a clean nebulizer cup prior to starting each experiment. The test nebulizer was assembled and charged with the test inhalation solution or suspension according to the manufacturer instructions. The end of the mouthpiece was placed at a height of approximately 18 cm from the platform of the MALVERN MASTERSIZER to 20 the middle point of tip of the nebulizer mouthpiece. A vacuum source was positioned opposite the mouthpiece approximately 6 cm away to scavenge aerosol after sizing. The distance between the mouthpiece and the detector was approximately 8 cm. The center of the mouthpiece was level with the laser beam (or adjusted as appropriate, depending on the individual design of each nebulizer). The laser passed through the center of the emitted 25 cloud when the nebulizer was running. Measurements were manually started 15 seconds into nebulization. Data collection started when beam obscuration reached 10% and was averaged over 15,000 sweeps (30 seconds). Scatted light intensity data on the detector rings was modeled using the "Standard-Wet" model. Channels 1 and 2 were killed due to low relative humidity during measurement to prevent beam steering. The volume diameter 30 of droplets defining 10, 50 (volume median), and 90% of the cumulative volume undersize was determined. (Dvi0 is the size below which 10% of the volume of material exists, WO 2005/065435 PCT/US2005/000082 69 Dv50 is the size below which 50% of the volume of material exists and Dv90 is the size below which 90% of the volume of material exists. EXAMPLE 13 Solutions of budesonide with and without SBE7-p-CD were prepared at two 5 different pHs (4 and 6) and stored at 2 different temperatures (60 "C and 80 'C). Citrate buffers (50mM) at each pH value were prepared by mixing differing portions of 50mM citric acid and 50mM sodium citrate (tribasic, dihydrate) solutions. To achieve a concentration of budesonide in the buffers without SBE7-P-CD sufficient for accurate measurement, the budesonide was dissolved first in 100% ethyl alcohol. An aliquot of the 10 ethanol/budesonide solution was then added drop-wise with stirring to each buffer solution. The theoretical budesonide concentration was 100 jtg/mL with a final ethanolic content of 5% in each buffer. All solution preps and procedures involving budesonide were done in a darkened room under red light. After shaking solutions for 24 hours, both buffer solutions were filtered through Millipore Millex-GV 0.22 pm syringe filters to 15 remove any solid that had precipitated (no significant amounts observed) from the solutions. The final budesonide concentration was about 50 pg/mL. Both the pH 4 and 6 solutions were split in two, and solid SBE7-p-CD was added to one of the portions to create solutions with and without 1% w/v SBE7-p-CD at each pH. Each solution was aliquoted into individual amber vials. They were then placed in ovens at 60 *C and 80 'C. 20 Sample vials were removed from the ovens and analyzed by HPLC at 0, 96, 164, and 288 hours. The HPLC assay conditions are summarized below. Chromatographic Conditions (Adapted from Hou, S., Hindle, M., and Byron, P. R. A. Stability-Indicating HPLC Assay Method for 25 Budesonide. Journal ofPharmaceutical and Biomedical Analysis, 2001; 24: 371-380.) Instrument: PE Series 200 Column: Phenomenex Luna C18(2) 4.6x150 mm 3um Mobile Phase: 58% Phosphate Buffer pH 3.4/ 39.5% ACN /2.5% MeOH Mobile Phase Program: 100% A (isocratic) Wavelength 240 nm Flow Rate: 0.6 mL/min Standard Range: Seven standards - 1 to 500 gg/mL WO 2005/065435 PCT/US2005/000082 70 EXAMPLE 14 Preparation and use of a combination solution containing SAE-CD, budesonide, and albuterol sulfate. A budesonide solution is prepared per EXAMPLE 9 (mixing SAE-CD with the 5 PULMICORT RESPULES suspension) and added to 3 ml of a solution containing 2.5 mg albuterol (The World Health Organization recommended name for albuterol base is salbutamol) provided as albuterol sulfate. The albuterol solution is commercially available prediluted and sold under the name PROVENTIL* Inhalation Solution, 0.083%, or prepared from a commercially available concentrate 0.5% (sold under the names: 10 PROVENTIL Solution for inhalation and VENTOLIN* Inhalation Solution). To provide the required dose for children 2 to 12 years of age, the initial dosing should be based upon body weight (0.1 to 0.15 mg/kg per dose), with subsequent dosing titrated to achieve the desired clinical response . Dosing should not exceed 2.5 mg three to four times daily by nebulization. The appropriate volume of the 0.5% inhalation solution 15 should be diluted in sterile normal saline solution to a total volume of 3 mL prior to administration via nebulization. To provide 2.5 mg, 0.5 mL of the concentrate is diluted to 3 mL with sterile normal saline. The albuterol aqueous solutions also contain benzalkonium chloride; and sulfuric acid is used to adjust the pH to between 3 and 5. Alternatively, an aqueous solution of an appropriate strength of albuterol may be prepared 20 from albuterol sulfate, USP with or without the added preservative benzalkonium chloride and pH adjustment using sulfuric acid may also be unnecessary when combining with the corticosteroid solution. Furthermore the volume containing the appropriate dose of corticosteroid may be decreased four-fold as described in the following example allowing the total volume to be less and the time of administration to diminish accordingly. 25 EXAMPLE15 Preparation and use of a combination solution containing SAE-CD, budesonide, and albuterol sulfate or levalbuterol HCl (Xopenex). A citrate buffer (3 mM pH 4.5) was prepared as follows. Approximately 62.5 mg of citric acid was dissolved in and brought to volume with water in one 100 ml volumetric 30 flask. Approximately 87.7 mg of sodium citrate was dissolved in and brought to volume with water in another 100 mL volumetric flask. In a beaker the sodium citrate solution was added to the citric acid solution until the pH was approximately 4.5.

WO 2005/065435 PCT/US2005/000082 71 Approximately 10.4 mg of budesonide and 1247.4 mg of Captisol were ground together with a mortar and pestle and transferred to a 10 mL flask. Buffer solution was added, and the mixture was vortexed, sonicated and an additional 1.4 mg budesonide added. After shaking overnight, the solution was filtered through a 0.22 pim Durapore 5 Millex-GV Millipore syringe filter unit. The resulting budesonide concentration was -1 mg/ml Approximately 0.5 ml of the budesonide solution was added to a unit dose of either Proventil (2.5 mg/3 mL) or Xopenex (1.25 mg/3 mL) thereby forming the combination clear liquid dosage form of the invention. The resulting mixture remained essentially clear for a period of at least 17 days at ambient room conditions protected from 10 light. EXAMPLE 16 Preparation and use of a combination solution containing SAE-CD, budesonide, and formoterol (FORADIL@ (formoterol fumarate inhalation powder)). The contents of one capsule containing 12 mcg of formoterol fumarate blended 15 with 25 mg of lactose was emptied into a vial to which was added 3-mL of 3 mM citrate buffer (pH 4.5) prepared as described in the previous example. The contents of the vial were vortexed to dissolve the solids present. The budesonide concentrate was prepared as described in the previous example to provide a concentration of -1 mg/mL. Approximately 1 ml of the budesonide solution was added to the formoterol fumarate 20 buffered solution. The resulting solution remained essentially clear for a period of at least one month at room ambient conditions protected from light. EXAMPLE 17 Clinical evaluation of a dosage form according to the invention was conducted by performing gamma scintigraphy analyses on subjects before and after administration of the 25 dosage form by nebulization. A single centre, four-way crossover gamma scintigraphy study to compare pulmonary delivery of budesonide via Pulmicort Respules@, and Captisol-Enabled@ budesonide formulations using a Pari LC air-jet nebulizer was conducted. The purpose of the study was to determine, by gamma scintigraphy, the intra-pulmonary deposition of 30 radiolabeled budesonide following nebulization of a budesonide suspension (Pulmicort Respules*, Astra Zeneca, reference formulation) and a Captisol*-Enabled budesonide WO 2005/065435 PCT/US2005/000082 72 solution (test formulation) in healthy male volunteers. Dosing was conducted using a Pari LC Plus air-jet nebulizer. The use of gamma scintigraphy in conjunction with radiolabeled study drug and/or vehicle is the standard technique for the quantitative assessment of pulmonary deposition and clearance of inhaled drugs and/or vehicle. 5 The study dosage forms consisted of: 1) 1mg Budesonide as 2mL x 0.5mg/mL Pulmicort Respules*; or 2) 1 mg Budesonide as 2mL x 0.5mg/mL Pulmicort Respules to which 7.5% w/v Captisol* has been added. Each subject received each of four study administrations of radiolabeled Budesonide in a non-randomized manner. A non-randomized design was utilized for this 10 study since the reference formulation (Pulmicort Respule*) must be administered first to all subjects in order to determine the time to sputter (TTS). The TTS differed between subjects. For subsequent administrations the dose administered was controlled by the length of administration, expressed as a fraction of the time to sputter determined following administration of the reference formulation (i.e. 25% TTS, 50% TTS and 75% 15 TTS). It was expected that even though the same concentration of budesonide would be nebulized for a shorter time, the amount of drug reaching the volunteers lungs would be essentially the same as the reference suspension for one of the legs of the study. Scintigraphic images were acquired using a gamma camera immediately after completion of dosing the volunteers. 20 Comparison of the image from the reference product and the 25% TTS leg indicated that a greater percentage of the budesonide from the Respule was in the stomach and throat immediately after administration. Thus a greater percentage of the budesonide reached the target lung tissue when Captisol was used to dissolve the budesonide. This could reduce undesirable side effects caused by the drug. One aspect of the method and 25 dosage form of the invention thus provides an improved method of administering a corticosteroid suspension-based unit dose, the method comprising the step of adding a sufficient amount of SAE-CD to convert the suspension to a clear solution and then administering the clear solution to a subject. As a result, the method of the invention provides increased rate of administration as well as increased total pulmonary delivery of 30 the corticosteroid as compared to the initial unit dose suspension formulation.

WO 2005/065435 PCT/US2005/000082 73 EXAMPLE 18 Comparative evaluation of various forms of SAE-CD in the solubilization of corticosteroid derivatives. The solubility of beclomethasone dipropionate (BDP), beclomethasone 17 5 monopropionate (B17P), beclomethasone 21-monopropionate (B21P) and beclomethasone (unesterifed) in solutions containing CAPTISOL and various SBEny-CD was evaluated. BDP, B 1 7P and B2 1 P were obtained from Hovione. Beclomethasone was obtained from Spectrum Chemicals. CAPTISOL, SBE(3.4) y-CD, SBE(5.23) y-CD and SBE(6.1) y-CD were provided by CyDex, Inc. (Lenexa, KS). y-CD was obtained from Wacker Chemical 10 Co. SBE(5.24) y-CD and SBE(7.5) y-CD were provided by the University of Kansas. A 0.04M solution of each selected CD was prepared. Each form of beclomethasone required 2ml of CD solution, therefore the 0.04M solutions were prepared in 20 or 25 mL volumetric flasks in duplicate (N=2). The following table indicates the amount of each CD used after accounting for the content of water in each CD. CD MW (g/mole) mg of CD (volume) SBE(6.7) p-CD 2194.6 2297.0 (25ml) y-CD 1297 1433.0 (25ml) SBE(3.4) y-CD 1834.9 1891.6 (25ml) SBE(5.24) y-CD 2119.5 1745.7 (20ml) SBE(6.1) y-CD 2261.9 1866.8 (20ml) SBE(7.5) y-CD 2483.3 2560.0 (25ml) 15 Beclomethasone forms were weighed in amounts in excess of the anticipated solubilities directly into 2-dram Teflon-lined screw-capped vials. These amounts typically provided approximately 6 mg/mL of solids. Each vial then received 2 ml of the appropriate CD solution. The vials were vortexed and sonicated for about 10 minutes to 20 aid in wetting the solids with the fluid. The vials were then wrapped in aluminum foil to protect from light and placed on a lab quake for equilibration. The vials were visually inspected periodically to assure that the solids were adequately being wetted and in contact with the fluid. The time points for sampling were at 24 hrs for all samples and 72 hours for BDP only. 25 Solutions of SBE(6.1) y-CD were prepared at 0.04, 0.08, and 0.1M and solutions of SBE (5.23) y-CD were prepared at only 0.04 and 0.08M. Beclomethasone dipropionate was weighed in amounts in excess of the anticipated solubilities directly into 2-dram WO 2005/065435 PCT/US2005/000082 74 teflon-lined screw-capped vials. These amounts typically provided approximately 2 mg/mL of solids. Each vial then received 2 mL of the appropriate CD solution (N = 1). The vials were vortexed and sonicated for about 10 minutes to aid in wetting the solids with the fluid. The vials were then wrapped in aluminum foil to protect from light and 5 placed on a lab quake for a five-day equilibration. Solutions of y-CD were prepared at 0.01 and 0.02M. Beclomethasone dipropionate was weighed in amounts in excess of the anticipated solubilities directly into 2-dram teflon-lined screw-capped vials. These amounts typically provided approximately 2 mg/mL of solids. Each vial then received 2 mLs of the y-CD solution (N = 2). A solution 10 was also prepared to measure the intrinsic solubility of BDP using HPLC grade water in place of the CD. The samples were wrapped in foil and placed on a lab quake for five days. At the end of the equilibration time for each stage, the vials were centrifuged and 1 ml of the supernatant removed. The removed supernatant was then filtered using the 15 Durapore PVDF 0.22pm syringe filter (discarded first few drops), and diluted with the mobile phase to an appropriate concentration within the standard curve. The samples were then analyzed by HPLC to determine concentration of solubilized corticosteroid. EXAMPLE 19 Preparation and use of a combination solution containing SAE-CD, budesonide, 20 and formoterol fumarate. Formoterol fumarate dry powder is blended with Captisol dry powder which are both sized appropriately to provide for content uniformity at a weight ratio of 12 mcg formoterol fumarate/100 mg Captisol. An amount of powder blend corresponding to a unit dose of formoterol fumarate is placed in a suitable unit dose container such as a 25 HPMC capsule for later use or is added directly to a unit dose of Pulmicort Respules budesonide inhalation suspension (500 mcg / 2 mL), then mixed to achieve dissolution of all solids (a clear solution) and placed in the nebulizer reservoir for administration. EXAMPLE 20 Preparation and use of a combination solution containing SAE-CD, budesonide, 30 and ipratropium bromide.

WO 2005/065435 PCT/US2005/000082 75 A budesonide solution is prepared as per EXAMPLE 9 and added to a ipratropium bromide solution that is commercially available and sold under the name ATROVENT@ Inhalation Solution Unit Dose. ATROVENT@ (ipratropium bromide) Inhalation Solution is 500 mcg (1 unit dose Vial) administered three to four times a day by oral nebulization, 5 with doses 6 to 8 hours apart. ATROVENT@ inhalation solution unit dose Vials contain 500 mcg ipratropium bromide anhydrous in 2.5 ml sterile, preservative-free, isotonic saline solution, pH-adjusted to 3.4 (3 to 4) with hydrochloric acid. Furthermore the volume containing the appropriate dose of corticosteroid may be decreased four-fold as described in the above example (budesonide concentrate - 1 mg/mL) allowing the total 10 volume to be less and the time of administration to diminish accordingly. The above is a detailed description of particular embodiments of the invention. It will be appreciated that, although specific embodiments of the invention have been described herein for purposes of illustration, various modifications may be made without 15 departing from the spirit and scope of the invention. Accordingly, the invention is not limited except as by the appended claims. All of the embodiments disclosed and claimed herein can be made and executed without undue experimentation in light of the present disclosure. 20

Claims (19)

1. An inhalable liquid formulation comprising an effective amount of corticosteroid, SAE-CD, and an aqueous liquid medium, wherein the SAE-CD is present in an amount sufficient to dissolve and stabilize the corticosteroid during storage. 5 2. The formulation of claim 1 further comprising one or more therapeutic agents independently selected at each occurrence from the group consisting of a p2 adrenoreceptor agonist, a dopamine (D 2 ) receptor agonist, a topical anesthetic, an anticholinergic agent, IL-5 inhibitor, antisense modulator of IL-5, milrinone (1,6 dihydro-2-methyl-6-oxo-[3,4'-bipyridine]-5-carbonitrile); milrinone lactate; tryptase 10 inhibitor, tachykinin receptor antagonist, leukotriene receptor antagonist, 5 lypoxygenase inhibitor, and anti-IgE antibody.

3. The formulation of claim 2, wherein the p 2 -adrenoreceptor agonist is selected from the group consisting of Albuterol (alpha'-(((1,1 -dimethylethyl)amino)methyl)-4-hydroxy 1,3-benzenedimethanol); Bambuterol (dimethylcarbamic acid 5-(2-((1,1 15 diImethylethyl)amino)-1 -hydroxyethyl)-1,3-phenylene ester); Bitolterol (4 methylbenzoic acid 4-(2-((1,1 -dimethylethyl)amino)-1 -hydroxyethyl)-1,2 phenyleneester); Broxaterol (3-bromo-alpha-(((1,1-dimethylethyl)amino)methyl)-5 isoxazolemethanol); Isoproterenol (4-(1-hydroxy-2-((1-methylethyl- )amino)ethyl) 1,2-benzene-diol); Trimetoquinol (1,2,3,4-tetrahydro-1-((3,4,5-trimethoxyphenyl) 20 methyl)-6,7-isoquinolinediol); Clenbuterol (4-amino-3,5-dichloro-alpha-(((1,1 diemthylethyl)amino)methyl)benzenemethanol); Fenoterol (5-(1-hydroxy-2-((2-(4 hydroxyphenyl)-1-methylethyl)amino)ethyl)-1,3-benzenediol); Formoterol (2 hydroxy-5-((IRS)-1-hydroxy-2-(((1RS)-2-(p-methoxyphenyl)-1 methylethyl)amino)ethyl) formanilide); (R,R)-Formoterol; Desformoterol ((R,R) or 25 (S,S)-3-amino-4-hydroxy-alpha-(((2-(4-methoxyphenyl)-1-methyl ethyl)amino)methyl)benzenemethanol); Hexoprenaline (4,4'-(1,6-hexane-diyl) bis(imino(1-hydroxy-2,1-ethanediyl)))bis-1,2-benzenediol); Isoetharine (4-(1-hydroxy 2'-((I-meth- ylethyl)amino)butyl)-1,2-benzenediol); Isoprenaline (4-(1-hydroxy-2-((1 methylethyl)amino)ethyl)-1,2-benzenediol); Meta-proterenol (5-(1-hydroxy-2-((1 30 methylethyl)amino)ethyl)-1,3-benzenediol); Picumeterol (4-amino-3,5-dichloro-alpha (((6-(2-(2-pyridinyl)ethoxy)hexyl)-amino)methyl)benzenemethanol); Pirbuterol WO 2005/065435 PCT/US2005/000082 77 (.alpha. 6 -((( 1,1-dimethylethyl)-amino)methyl)-3-hydroxy-2,6-pyridinemethanol); Procaterol (((R*,S*)-(.+-.)-8-hydroxy-5-(1-hydroxy-2-((1-methylethyl)amino-)butyl) 2(1H)-quinolin-one); Reproterol ((7-(3-((2-(3,5-dihydroxyphenyl)-2 hydroxyethyl)amino)-propyl)-3,7-dihydro-1,3-dimethyl-1H-purine-2,6-dione); 5 Rimiterol (4-(hydroxy-2-piperidinylmethyl)-1,2-benzenediol); Salbutamol ((.+-.) alpha' -(((1,1 -dimethylethyl)amino)methyl)-4-hydroxy-1,3-b- enzenedimethanol); (R) Salbutamol; Salmeterol ((.+-.)-4-hydroxy-.alphal-(((6-(4-phenylbutoxy)hexyl) amino)methyl)-1,3-benzenedimethanol); (R)-Salmeterol; Terbutaline (5-(2-((1,1 dimethylethyl)amino)-1-hydroxyethyl)-1,3-benzenediol); Tulobuterol (2-chloro 10 .alpha.-(((1,1-dimethylethyl)amino)methyl)benzenemethanol); and TA-2005 (8 hydroxy-5-((1R)-1-hydroxy-2-(N-((IR)-2-(4-methoxyphenyl)-1 methylethyl)amino)ethyl)carbostyril hydrochloride).

4. The formulation of claim 2, wherein the dopamine (D2) receptor agonist is selected from the group consisting of Apomorphine ((r)-5,6,6a,7-tetrahydro-6-methyl-4H 15 dibenzo[de,glquinoline-10,11-diol); Bromocriptine ((5'.alpha.)-2-bromo-12'-hydroxy 2'-(1 -methylethyl)-5'-(2-methylpropyl)ergotaman-3',6', 1 8-trione); Cabergoline ((8.beta.)-N-(3-(dimethylamino)propyl)-N-((ethylamino)carbony-)-6-(2 propenyl)ergoline-8-carboxamide); Lisuride (N'-((8-alpha-)-9,10-di-dehydro-6 methylergolin-8-yl)-N,N-diethylurea); Pergolide ((8-beta-)-8-((methylthio)methyl)-6 20 propylergoline); Levodopa (3-hydroxy-L-tryrosine); Pramipexole ((s)-4,5,6,7 tetrahydro-N.sup.6-prop- yl-2,6-benzothiazolediamine); Quinpirole hydrochloride (trans-(-)-4aR-4,4a,5,6,7,8,8a,9-octahydro-5-propyl-1H-pyrazolo[3,4-g]quinoline hydrochloride); Ropinirole (4-(2-(dipropylamino)ethyl)-1,3-dihydro-2H-indol-2-one); and Talipexole (5,6,7,8-tetrahydro-6-(2-propenyl)-4H-thia-zolo[4,5-d]azepin-2 25 amine).

5. The formulation of claim 2, wherein the anticholinergic agent is selected from the group consisting of ipratropium bromide, oxitropium bromide, atropine methyl nitrate, atropine sulfate, ipratropium, belladonna extract, scopolamine, scopolamine methobromide, homatropine methobromide, hyoscyamine, isopriopramide, 30 orphenadrine, benzalkonium chloride, tiotropium bromide and glycopyrronium bromide. WO 2005/065435 PCT/US2005/000082 78

6. The formulation of claim 1 wherein the topical anesthetic is selected from the group consisting of lidocaine, an N-arylamide, an aminoalkylbenzoate, prilocaine, and etidocaine.

7. The formulation of claim 1, wherein the corticosteroid is selected from the group 5 consisting of aldosterone, beclomethasone, betamethasone, budesonide, ciclesonide, cloprednol, cortisone, cortivazol, deoxycortone, desonide, desoximetasone, dexamethasone, difluorocortolone, fluclorolone, flumethasone, flunisolide, fluocinolone, fluocinonide, fluocortin butyl, fluorocortisone, fluorocortolone, fluorometholone, flurandrenolone, fluticasone, halcinonide, hydrocortisone, 10 icomethasone, meprednisone, methylprednisolone, mometasone, paramethasone, prednisolone, prednisone, rofleponide, RPR 106541, tixocortol, triamcinolone, and their respective pharmaceutically acceptable derivatives.

8. The formulation of claim 7, wherein the corticosteroid derivative is selected from the group consisting of beclomethasone dipropionate, beclomethasone monopropionate, 15 dexamethasone 21-isonicotinate, fluticasone propionate, icomethasone enbutate, tixocortol 21 -pivalate, and triamcinolone acetonide.

9. The formulation of claim 1, wherein the corticosteroid is selected from the group consisting of beclomethasone dipropionate, budesonide, flunisolide, fluticasone propionate, mometasone furoate, and triamcinolone acetonide. 20 10. The formulation of claim 1, wherein the SAE-CD is present in an amount sufficient to solubilize at least 90% of the corticosteroid.

11. The formulation of claim 1, wherein the SAE-CD is present in an amount sufficient to solubilize at least 95% of the corticosteroid.

12. The formulation of claim 11, wherein the SAE-CD is present in an amount sufficient 25 to solubilize enough corticosteroid such that the solution formulation is a substantially clear solution containing less than 5% wt. solid corticosteroid.

13. The formulation of claim 1, wherein the molar ratio of corticosteroid to SAE-CD is in the range of about 1:1 to about 1:10,000.

14. The formulation of claim 1, wherein the solution formulation further comprises a 30 conventional preservative, an antioxidant, a buffering agent, an acidifying agent, a solubilizing agent, a colorant, a complexation enhancing agent, saline, an electrolyte, WO 2005/065435 PCT/US2005/000082 79 another therapeutic agent, an alkalizing agent, a tonicity modifier, surface tension modifier, viscosity modifier, density modifier, volatility modifier, antifoaming agent, flavor, sweetener, hydrophilic polymer, or a combination thereof.

15. The formulation of claim 1, wherein the solution formulation has a shelf-life of at least 5 6 months.

16. The formulation of claim 1 further comprising a liquid carrier other than water.

17. The formulation of claim 1, wherein the formulation comprises less than or about

21.5% ±5% wt./wt. of SAE-CD. 18. The formulation of claim 1, wherein the SAE-CD is present in an amount sufficient to 10 dissolve at least 50% wt. of the corticosteroid. 19. The formulation of claim 1, wherein the SAE-CD is present in the liquid formulation at a concentration of about 10 to about 500 mg of SAE-CD per ml of liquid formulation. 20. A method of modifying the performance of a nebulizer so that it generates overall 15 smaller droplets than does the same nebulizer charged with a corticosteroid/HP-p-CD containing solution operated under otherwise similar conditions, the method comprising the step of replacing HP-p-CD with SAE-CD and operating the nebulizer, thereby generating a greater proportion of respirable droplets and permitting deeper lung penetration than is obtained with HP-p-CD. 20 21. A method of reducing the amount of time required to provide a therapeutically effective amount of corticosteroid to a subject by inhalation of an corticosteroid containing composition with a nebulizer, the method comprising the steps of: including SAE-CD in the composition in an amount sufficient to solubilize the corticosteroid to form an inhalable aqueous corticosteroid-containing solution; and 25 administering the solution to the subject by inhalation with a nebulizer, wherein the amount of time required to provide a therapeutically effective amount of corticosteroid to the subject with the solution is reduced as compared to the amount of time required to provide a therapeutically effective amount of corticosteroid to the subject with a corticosteroid-containing suspension comprising the same amount or concentration of 30 corticosteroid when the suspension and solution are administered under otherwise similar nebulization conditions. WO 2005/065435 PCT/US2005/000082 80

22. The invention according to any one of the above claims, wherein the cyclodextrin is a compound of the Formula 1: RIS1 0 R2S2 S 4 R 4 1 R33 R5S5 OXS6R6 RS O 8R R(7S7 -- Sgs 10 R 9 S 9 0 n Formula 1 wherein: n is 4, 5 or 6; 15 R1, R2, R3, R 4 , R5, R 6 , R7, R8 and R9 are each, independently, -0- or a-O-(C 2 - C 6 alkylene)-SO3~ group, wherein at least one of R1 - R 9 is independently a -0-(C 2 C 6 alkylene)-S0 3 ~ group, a -O-(CH 2 )mSO 3 ~ group wherein m is 2 to 6, -OCH 2 CH 2 CH 2 SO3[, or-OCH 2 CH 2 CH 2 CH 2 SO3); and S 1 , S2, S3, S 4 , S5, S6, S7, S 8 and Sg are each, independently, a pharmaceutically acceptable 20 cation.

23. The invention according to any one of the above claims, wherein the cyclodextrin is a compound of the Formula II (SAEx-ax-CD), wherein "x" ranges from 1 to 18; of the Formula III (SAEy-p-CD), wherein "y" ranges from 1 to 21; or of the Formula IV (SAEz-y-CD), wherein "z" ranges from 1 to 24, and wherein "SAE" represents a 25 sulfoalkyl ether substituent, and the values "x", "y" and "z" represent the average degree of substitution in terms of the number of sulfoalkyl ether groups per CD molecule.

24. The invention according to claim 22, wherein the cyclodextrin is selected from the group consisting of: SAEx-c-CD SAEy-p-CD SAEz-Y-CD SEEx-a-CD SEEy-p-CD SEEz-y-CD SPEx-o-CD SPEy-p-CD SPEz-y-CD SBEx-a-CD SBEy-p-CD SBEz-y-CD SPtEx-c-CD SPtEy-p-CD SPtEz-y-CD WO 2005/065435 PCT/US2005/000082 81 SAEx-ac-CD SAEY-O-CD SAEz-y-CD SHEx-ac-CD SHEy-p-CD SHEz-y-CD.