Vectura Group

Vectura Group plc (LSE: VEC) is a British pharmaceuticals business based in Chippenham, Wiltshire. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Vectura Group plc
TypePublic (LSE: VEC)
IndustryPharmaceuticals
Founded1997
HeadquartersChippenham, England
Number of locations
5 (2019)
Key people
Bruno Angelici, Chairman
Will Downie, (CEO)
Revenue£178.0 million (2019)[1]
£(27.0) million (2019)[1]
£(22.1) million (2019)[1]
Number of employees
450 (2019)

History

The company was formed in 1997 as a start-up pharmaceuticals business.[2] In 1999 it acquired Co-ordinated Drug Development and the Centre for Drug Formulation Studies.[2] In 2004 it was listed on the Alternative Investment Market.[2] In 2007 it acquired Innovata plc, another developer of pulmonary products,[3] and then moved onto the full list of the London Stock Exchange.[2] It acquired Activaero, a German manufacturer in the same sector, for £108 million in March 2014.[4] On 10 June 2016 Vectura completed a merger with Skyepharma; the merged company will continue to be known as Vectura.[5]

Operations

The group is a developer of inhaled therapies for the treatment of respiratory diseases.[6]

References

  1. "Annual Report 2019" (PDF). Vectura Group. Retrieved 17 June 2020.
  2. "History". Vectura Group. Retrieved 3 August 2016.
  3. Vectura buys Innovata Guardian, 17 November 2006
  4. "UK's Vectura buys Activaero for £108 million". Pharma Times. 16 March 2014. Retrieved 20 June 2015.
  5. "Vectura and Skyepharma to merge in £441m deal". The Telegraph. 16 March 2016. Retrieved 11 June 2016.
  6. "Dr Karl Keegan to join Vectura Group". Manufacturing Chemist. Retrieved 20 June 2015.
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