Vectura removed from conference following PMI takeover

British pharmaceutical company Vectura has been excluded from an academic conference following the company’s takeover by tobacco company Philip Morris International (PMI). Vectura is a respiratory health company and was due to sponsor and participate in the Formulation & Delivery UK conference. PMI secured shares in the company after more than half of Vectura’s stakeholders agreed to sell their stock.

Source: https://www.theguardian.com/business/2021/sep/16/tobacco-philip-morris-takeover-uk-inhaler-vectura-health