May 1, 2020 / 6:47 AM / a month ago

BRIEF-Vectura Says Upon European Regulatory Approval Of QVM149, Eligible To Get $5 Mln Milestone

May 1 (Reuters) - Vectura Group PLC:

* REGULATORY UPDATE FOR QVM149 PROGRAMME

* FINAL DECISION FROM EUROPEAN COMMISSION FOR GRANT OF MARKETING AUTHORISATION EXPECTED BE RECEIVED ABOUT 2 MONTHS AFTER CHMP OPINION

* UPON EUROPEAN REGULATORY APPROVAL, CO ELIGIBLE TO GET $5 MLN MILESTONE AND THEREAFTER LOW-SINGLE DIGIT ROYALTY ON NET SALES Source text for Eikon: Further company coverage:

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