Cipla, Stempeutics join hands for critical limb ischemia treatment in India
The product is indicated for the treatment of CLI due to Buerger''s disease and atherosclerotic peripheral arterial disease, it added.;
New Delhi: Pharma major Cipla on Thursday said it is collaborating with its partner Stempeutics Research to launch the latter''s cell therapy product Stempeucel for the treatment of critical limb ischemia (CLI) in India.
The company''s partner Stempeutics Research has received regulatory approval by the Drug Controller General of India (DCGI) for the launch of Stempeucel in India, Cipla and Stempeutics said in a joint statement.
The product is indicated for the treatment of CLI due to Buerger''s disease and atherosclerotic peripheral arterial disease, it added.
"Under the agreement signed between the two companies, Cipla has received exclusive rights to market and distribute the product in India by leveraging its expansive distribution strengths across the country," the statement said.
Developed by Stempeutics over a period of twelve years, breakthrough treatment is designed to address the root cause of the disease at an affordable cost, it noted.
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