Update on UK GSK patent litigation

Update on UK GSK patent litigation

Chippenham, UK - 13 December 2018: Vectura Group plc (LSE: VEC) ("Vectura" or "the Group") reports that earlier today judgement was handed down in the action brought against it by GlaxoSmithKline (GSK) in the UK Courts in relation to certain additional patents under the patent licence and option agreement with Vectura dated 5th August 2010, with the judgement overall ruling in favour of GSK.

We are disappointed by the result and are reviewing the decision in detail with our advisors. We will be considering our options, which could include seeking permission to appeal.

Whilst any potential indirect effect of this on the US proceedings pending against GSK will be considered, Vectura believes that this will not materially affect those proceedings.

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About Vectura

Vectura is an industry-leading inhaled product formulation, device design and development business offering a uniquely integrated inhaled drug delivery platform. We develop inhalation products to help patients suffering from airways diseases.

Vectura has eight key inhaled, two non-inhaled and ten oral products marketed by partners with growing global royalty streams, and a diverse partnered portfolio of drugs in clinical development. Our partners include Hikma, Novartis, Sandoz, Mundipharma, Kyorin, Baxter, GSK, UCB, Ablynx, Bayer, Chiesi, Almirall, Janssen, Dynavax and Tianjin KingYork.

Vectura's strategy is to fully leverage its differentiated technology and skills, maximising value by enhancing the delivery and performance of inhaled products and through the development of high-quality generic alternatives to branded therapies.

For further information, please visit Vectura's website at www.vectura.com.