Bidding war breaks out for respiratory specialist Vectura

Bidding war breaks out for respiratory specialist Vectura

Source: 
Pharmaforum
snippet: 

A flurry of new offers by Philip Morris International (PMI) and private equity firm Carlyle has hiked the value of respiratory medicines company Vectura to £1 more than a billion ($1.4 billion), with the tobacco giant leading the bidding at the latest count.