Core purpose, values and strategy

Our people

We have a talented team of people at Vectura and we are committed to developing therapies that improve the quality of patients’ lives. The respiratory market is a large and growing market and we are confident that we will also succeed in creating considerably increased value for ourselves and our shareholders.

Our strategy

Treating respiratory diseases

Our broad clinical portfolio has a range of mid and late-stage programmes with high potential, as well as earlier-stage opportunities that are addressing fastgrowing markets. We have innovative device and formulation technologies and our respiratory development pipeline includes branded and generic products to treat asthma and chronic obstructive pulmonary disease.

Seeking value

We have also developed therapies for conditions such as Parkinson’s disease and cystic fibrosis, from which we are actively seeking to out-license and derive value.

Financial stability and a self-sustaining business

We are creating value for our shareholders in three key ways:

Intellectual property and expertise – we are out-licensing products and technologies to major pharmaceutical companies in return for revenues from milestones and royalties. We are also developing specialty products and our current strategy is to take these products to Phase II clinical development and then look for licensing partners.

Collaborations with partners – we are looking to optimise the value of our branded and generic/branded generic products in the growing respiratory market by working with other leading pharmaceutical companies.

Building our franchise – we continue to build the Company through internal innovation as well as exploring opportunities with products, technologies or businesses that support these goals.

Our main values

Everything we do stems from our five key values:

Achievement – we deliver on the challenging goals we set ourselves.

Enthusiasm – we give our best and enjoy what we’re doing.

Participation – success comes from working together. By being flexible and informal, we encourage each other as well as innovation.

Innovation – we think freely and creatively about our goals.

Trust and respect – we value people and ideas on their merits. Everyone has a part to play, and everyone’s contribution is recognised.