Vectura Group plc announced that James Ward-Lilley will be stepping down from the Board and his position as Chief Executive Officer on 30th June 2019. Paul Fry, Chief Financial Officer, will assume the role of CEO in an interim capacity, in addition to his current responsibilities. A search for a CEO successor will begin immediately.

James was brought in at a critical time for Vectura and has been instrumental in executing and successfully integrating the merger with Skyepharma, creating an inhaled airways disease-focused business, with a broad range of device and formulation capabilities, underpinned by strong intellectual property. Looking forward, Vectura's core focus will increasingly be on leveraging these capabilities to develop new partnerships and revenue streams as a leading provider of enhanced inhaled drug delivery services.