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Last Trade - 17/09/21

Sector
Healthcare
Size
Mid Cap
Market Cap £987.7m
Enterprise Value £913.3m
Revenue £190.6m
Position in Universe 447th / 1781

Vectura, Sandoz gets favourable ruling in inhaler packaging case against GSK

Fri 4th October, 2019 3:15pm
Oct 4 (Reuters) - Vectura Group  VEC.L  said on Friday a
British court had ruled in its and partner Sandoz's  NOVN.S 
favour over the packaging of a generic version of an inhaler
made by bigger rival GlaxoSmithKline  GSK.L .
    Vectura said the court dismissed all GSK claims related to
the packaging of AirFluSal Forspiro, which it developed in
partnership with Swiss drugmaker Novartis-owned Sandoz as a
branded copycat of GSK's asthma inhaler, Seretide Accuhaler.
 urn:newsml:reuters.com:*:nRSD8575Oa 
    GSK, with which Vectura has partnerships, did not
immediately respond to a request for comment. Vectura and GSK
have slapped claims against each other over certain products and
patents. 
    In May, a jury found that one of Vectura's U.S. patents was
infringed by the sale of three of GSK's Ellipta products in the
United States and Vectura was awarded $89.7 million in damages.
 urn:newsml:reuters.com:*:nL3N22G0AA 
    Sandoz launched AirFluSal Forspiro in late 2015, following
which GSK filed a legal claim that Sandoz had used shades of
purple similar to Seretide's packaging to pass off AirFluSal
Forspiro as being related to GSK's product.      
    Forspiro is a dry powder inhaler developed by Vectura and
licensed to Sandoz for use with the AirFluSal product. 
    Seretide is a combination of two active ingredients that
make it easier to breathe and is sold by GSK in the UK in two
forms https://public.gsk.co.uk/products/seretide/i-am-a-patient.html,
 one of which is the Seretide Accuhaler, which delivers the drug
as a dry powder.
    Vectura shares rose as much as 2.4% after the announcement.
    

 (Reporting by Pushkala Aripaka in Bengaluru; Editing by Arun
Koyyur)
 ((Pushkala.A@thomsonreuters.com; Twitter: @pushkala_a; within
UK: +44 20 7542 1810, outside UK: +91 80 6749 6633;))
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