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Higher royalties help lift Vectura interims

2015-11-17 12:54:36| Biotech - Topix.net

Pharmaceutical group Vectura has posted a 57% rise in interim earnings before interest, tax, depreciation and amortisation to A 4.7m driven by a 35% jump in revenues to A 26.1m. Vectura, which specialises in products to treat airways-related diseases, trimmed its pre-tax losses to A 5m from A 8m last time.

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