Severe obstructive lung disease, which encompasses asthma, chronic obstructive pulmonary disease (COPD) or features of both, remains a considerable global health problem and burden on healthcare resources. However, the clinical definitions of severe asthma and COPD do not reflect the heterogeneity within these diagnoses or the potential for overlap between them, which may lead to inappropriate treatment decisions. Furthermore, most studies exclude patients with diagnoses of both asthma and COPD. Clinical definitions can influence clinical trial design and are both influenced by, and influence, regulatory indications and treatment recommendations. Therefore, to ensure its relevance in the era of targeted biologic therapies, the definition of severe obstructive lung disease must be updated so that it includes all patients who could benefit from novel treatments and for whom associated costs are justified. Here, we review evolving clinical definitions of severe obstructive lung disease and evaluate how these have influenced trial design by summarising eligibility criteria and primary outcomes of phase III randomised controlled trials of biologic therapies. Based on our findings, we discuss the advantages of a phenotype- and endotype-based approach to select appropriate populations for future trials that may influence regulatory approvals and clinical practice, allowing targeted biologic therapies to benefit a greater proportion and range of patients. This calls for co-ordinated efforts between investigators, pharmaceutical developers and regulators to ensure biologic therapies reach their full potential in the management of severe obstructive lung disease., Competing Interests: Conflict of interest: R.J. Martin reports grants from NHLBI, MedImmune and Chiesi Farmaceutici SpA, personal fees for steering committee work from AstraZeneca, personal fees for consultancy from PMD Healthcare, personal fees (honorarium) from Regeneron, and personal fees for advisory board work from Boehringer Ingelheim, outside the submitted work; he is a member of the NOVELTY Study Scientific Committee. Conflict of interest: E.H. Bel reports that the study and medical writing support was funded by AstraZeneca, during the conduct of the study; grants and personal fees from AstraZeneca, GSK, Novartis and Teva, and personal fees from Boehringer Ingelheim, Sanofi/Regeneron and Vectura, outside the submitted work; she is a member of the NOVELTY Study Scientific Committee. Conflict of interest: I.D. Pavord reports speaker's honoraria, travel expenses and honoraria for attending advisory boards from AstraZeneca, GSK, Boehringer Ingelheim and Teva, grants and speaker's honoraria, travel expenses and honoraria for attending advisory boards from Chiesi, personal fees for advisory board work from Sanofi/Regeneron, Merck, Novartis, Knopp and Roche/Genentech, personal fees for lectures from Circassia and Mundipharma, and grants and personal fees for advisory board work from Afferent, outside the submitted work; he is a member of the NOVELTY Study Scientific Committee. Conflict of interest: D. Price reports that the study was funded by AstraZeneca; grants and personal fees for advisory board membership and travel/accommodation/meeting expenses from Aerocrine, grants from AKL Research and Development Ltd, British Lung Foundation, Respiratory Effectiveness Group and UK National Health Service, personal fees for consultancy and lectures from Almirall and GlaxoSmithKline, personal fees for advisory board membership and consultancy from Amgen, grants and personal fees for advisory board membership, consultancy, lectures and travel/accommodation/meeting expenses from AstraZeneca, Boehringer Ingelheim and Chiesi, personal fees for lectures from Cipla, Kyorin, Merck and Skyepharma, grants and personal fees for advisory board membership, consultancy and lectures from Mylan, grants and personal fees for advisory board membership, consultancy, lectures, manuscript preparation, educational activities and travel/accommodation/meeting expenses from Mundipharma, grants and personal fees for advisory board membership, consultancy and travel/accommodation/meeting expenses from Napp, grants and personal fees for advisory board membership, consultancy, lectures, patient enrolment or completion of research, development of educational materials and travel/accommodation/meeting expenses from Novartis, grants and personal fees for consultancy and lectures from Pfizer, grants and personal fees for advisory board membership and lectures from Regeneron Pharmaceuticals and Sanofi Genzyme, grants and personal fees for advisory board membership, consultancy, lectures, manuscript preparation, patient enrolment or completion of research and travel/accommodation/meeting expenses from Teva, grants and personal fees for consultancy from Theravance, and grants and personal fees for patient enrolment or completion of research from Zentiva (Sanofi Generics), and has participated in peer review for grant committees for Efficacy and Mechanism Evaluation programme and Health Technology Assessment, outside the submitted work; has stock/stock options from AKL Research and Development Ltd which produces phytopharmaceuticals; and owns 74% of the social enterprise Optimum Patient Care Ltd (Australia and UK) and 74% of Observational and Pragmatic Research Institute Pte Ltd (Singapore); he is a member of the NOVELTY Study Scientific Committee. Conflict of interest: H.K. Reddel reports grants, personal fees and non-financial support from AstraZeneca and GlaxoSmithKline, and personal fees from Boehringer Ingelheim, Merck, Novartis, Teva and Mundipharma, outside the submitted work; she is a member of the NOVELTY Study Scientific Committee., (Copyright ©ERS 2019.)