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VEC Vectura Group Plc

164.80
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
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

Vectura In Asthma Collaboration With Novartis's Sandoz

28/06/2017 5:54pm

Dow Jones News


Vectura (LSE:VEC)
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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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