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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Vectura Group Plc | LSE:VEC | London | Ordinary Share | GB00BKM2MW97 | ORD 0.0271P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 164.80 | 164.80 | 165.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
LONDON-- Medical inhaler company Vectura Group PLC (VEC.LN) Wednesday announced a collaboration with Sandoz, a division of Swiss drug giant Novartis AG (NVS), to develop a generic version of an inhaler therapy for asthma and chronic obstructive pulmonary disease.
Vectura will receive an initial payment of $5 million from Sandoz and up to $5 million more depending on targets. It expects its research and development costs to be less than $20 million.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan
(END) Dow Jones Newswires
June 28, 2017 12:39 ET (16:39 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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