I hold Vectura and sold out of IOV some months back.(Invested proceeds in Vectura)
This company (with IOV) has a fantastic development pipeline and I agree with Northwards, that we will probably not see a lot of action until the takeover of IOV is complete. Having said that I will purchase more for my SIPP, as funds become available. I still have quite a few holdings in the energy sector that I do not want to touch before March, however I may be tempted if the price were to drop a little, though I doubt if that will now be the case. This is a strong buy on future prospects. Could also be subject to a bid.