Bajaj Healthcare gets rights to manufacture, distribute, sell Magnesium L Threonate in India
Written By : Ruchika Sharma
Medically Reviewed By : Dr. Kamal Kant Kohli
Published On 2025-01-18 07:00 GMT | Update On 2025-01-18 07:00 GMT
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Mumbai: Bajaj Healthcare Limited has announced that it has received exclusive rights for manufacturing, distribution and sales of the finished formulation of the Product Magnesium L Threonate (Magtein) in India from the rights holder, Threotech LLC.
Threotech LLC has granted Bajaj Healthcare Limited the licensing rights to manufacture finished formulation of Magnesium L Threonate (Magtein) along with the rights to enter into marketing collaborations with leading branded pharmaceutical firms for the Indian market.
Bajaj Healthcare Limited will therefore have the rights to manufacture/ market/ distribute/co-market in the Indian market for Magnesium L Threonate (Magtein).
The Company is already supplying the API Magnesium L Threonate (Magtein), to the patent holder in United States of America. The API is supplied by Bajaj Healthcare Ltd. for the brand Magtein in the United States of America as an exclusive arrangement.
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