Vectura triggers $5m milestone

Vectura Group said a sales milestone receipt of $5m has been triggered after confirmation by Novartis that EU/ROW combined net sales of Seebri Breezhaler and Ultibro Breezhaler for the year to Dec. 31, 2016, have hit $512m.

The milestone would be recorded in the group’s revenues for 2016, as anticipated at the time of the Group’s pre-close trading update on 9 January 2017.

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