The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

High Court Dismisses Glaxo Case Against Generic Seretide Accuhaler

Fri, 04th Oct 2019 14:24

(Alliance News) - Vectura Group PLC on Friday said the English High Court dismissed a case against Sandoz Ltd's generic version of GlaxsmithKline PLC's Seretide Accuhaler.

The case was bought against Sandoz Ltd and others by Glaxo Wellcome UK Ltd and another party. It concerns the generic, which was launched under the trademark AirFluSal Forspiro and treats asthma and chronic obscructive pulmonary disease. Forspiro is a dry power inhaler and was developed by Vectura.

Glaxo's Seretide combines two active ingredients to ease breathing, a steroid and a bronchodilator, and is sold in two forms in the UK. These are the disk inhaler sold as Seretide Accuhaler and the metered dose inhaler sold at Seretide and Evolhaler. These products are both "coloured two shades of purple".

The AirFluSol Fospiro device, meanwhile, is "largely coloured a shade of purple and is sold in packaging featuring a shade of purple".

Glaxo, according to Vectura, claimed Sandoz was passing off AirFluSal Forspiro "as being connected in the course of trade with GSK and/or as being equivalent to Seretide Accuhaler through its get up and packaging".

Vectura was "joined to the action during the course of proceedings" and is "indemnified by Sandoz".

Vectura said: "This action is one of a number of actions brought throughout Europe by GSK against Sandoz, directed towards the sale and distribution by Sandoz of AirFluSal Forspiro, none of which to date have been ultimately been successful."

Shares in Vectura were up 2.3% at 84.75 pence in London on Friday afternoon. Glaxo shares were up 1.5% at 1,696.40p.

By Anna Farley; annafarley@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

Related Shares

More News
1 Oct 2021 10:22

IN BRIEF: Philip Morris deal for Vectura gets 97% acceptances

IN BRIEF: Philip Morris deal for Vectura gets 97% acceptances

29 Sep 2021 09:23

UPDATE 2-Morrisons takeover battle will go to UK auction on Oct. 2

(Adds background)LONDON, Sept 29 (Reuters) - A $9.5-billion fight for British supermarket Morrisons will be decided at an auction on Saturday, when ...

20 Sep 2021 13:35

IN BRIEF: Vectura to delist on October 19 after Philip Morris takeover

IN BRIEF: Vectura to delist on October 19 after Philip Morris takeover

16 Sep 2021 11:29

TOP NEWS SUMMARY: Tobacco maker Philip Morris wins asthma firm Vectura

TOP NEWS SUMMARY: Tobacco maker Philip Morris wins asthma firm Vectura

16 Sep 2021 09:07

TOP NEWS: Vectura shareholders accept Philip Morris takeover

TOP NEWS: Vectura shareholders accept Philip Morris takeover

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.