The disclosure relates to a pharmaceutical composition comprising (a) glycopyrronium bromide at a dosage range of 0.5-100μg per actuation; and (b) formoterol or a salt thereof such as formoterol fumarate at a dosage range of 1-25μg per actuation; dissolved in an HFA propellant and a co-solvent such as ethanol, wherein said composition contains an amount of 1M hydrochloric acid (HCl) in the range of 0.1 - 0.3 μg/μl. The composition may additionally comprise one or more pharmaceutically active ingredients selected from the group consisting of beta-2-agonists, corticosteroids, antimuscarinic agents, and phosphodiesterase (IV) inhibitors; and beclometasone dipropionate. These pharmaceutical compositions, preferably as aerosol formulations, are suitable for use in the treatment or prophylaxis of respiratory diseases, such as chronic obstructive pulmonary disease (COPD).