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Vectura Agrees £958m Takeover Following Hikma Advair Launch

Partner Hikma Recently Launched US Advair Generic

 
• By Dean Rudge

Weeks after partner Hikma launched its generic version of GSK’s Advair, Wiltshire-based Vectura has agreed a takeover offer by private equity Carlyle, which aims to build a market leading inhalation specialist CDMO.

Business teamwork puzzle pieces.
Vectura and Hikma are developing generic Ellipta products • Source: Shutterstock

The UK-based Vectura group, which has allied with Hikma to develop and launch a US generic version of the Advair Diskus (fluticasone/salmeterol) blockbuster, among other projects, is set to be swallowed up by private equity group Carlyle in all-cash transaction valued at approximately £958m ($1.35bn).

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