The UK-based respiratory specialty company, Vectura Group PLC, which has refocused a significant portion of its research efforts on developing complex inhaled generic products, has entered into an agreement with Hikma Pharmaceuticals PLC on the global development and commercialization of generic versions of GlaxoSmithKline PLC's Ellipta portfolio of respiratory products.
The announcement on Nov. 8 was followed by an 11% increase in Vectura's share price on the London Stock Exchange by the middle of day, as Vectura and Hikma both...
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