A study is being conducted in people who have Chronic Obstructive Pulmonary Disease (COPD), a lung condition that makes breathing difficult and can cause sudden worsening of symptoms called exacerbations. The trial is testing a new oral tablet called EXPD-101, which is taken once daily, and comparing it to a placebo, which looks the same but contains no active medicine. The main goal of the research is to see whether EXPD-101 can reduce the number of moderate and severe COPD exacerbations over the course of a year while also being safe and well‑tolerated.
Participants will be randomly assigned to one of two groups: one receiving the study drug and the other receiving the placebo. The study is double‑blind, meaning neither the participants nor the study staff know which treatment is being given, and both groups are followed at the same time (parallel arm). Over roughly 52 weeks, participants will take the tablet each day and attend regular clinic visits where simple tests such as breathing measurements (including forced expiratory volume in 1 second and forced vital capacity) and questionnaires about respiratory symptoms will be completed. Blood samples may be taken to understand how the drug is absorbed and cleared from the body (pharmacokinetics), and safety will be monitored through checks of vital signs, heart rhythm recordings, and routine lab tests.



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