This Phase 2 study will evaluate the efficacy, safety, pharmacodynamics and pharmacokinetics of inhaled TD-0903 compared with a matching placebo in combination with standard of care (SOC) in hospitalized patients with confirmed COVID-19 associated acute lung injury and impaired oxygenation.
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Part 2: Number of Respiratory Failure-free Days (RFDs) From Randomization to Day 28
Timeframe: Randomization to Day 28