By Adam Clark

 

Vectura Group PLC (VEC.LN) said Thursday that a U.K. court ruled against it in a patent dispute with GlaxoSmithKline PLC (GSK.LN).

The judgment related to a 2010 patent agreement between Vectura and GSK over Ellipta-branded products for lung disease and asthma.

Vectura said it was disappointed by the ruling and will consider its options, including seeking permission to appeal. Vectura said it doesn't believe the result will materially affect proceedings in the U.S. related to the same patent agreement.

Shares at 1242 GMT were down 1.60 pence, or 2.2%, at 71.05 pence.

 

Write to Adam Clark at adam.clark@dowjones.com

 

(END) Dow Jones Newswires

December 13, 2018 08:06 ET (13:06 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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