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Caplin Steriles, Xellia Pharma ink distribution pact for 5 injectables in US
"Caplin Steriles Limited (a Subsidiary of Caplin Point Laboratories Ltd) has entered into a private label distribution agreement with Xellia Pharmaceuticals for five generic injectable abbreviated new drug application (ANDA) in the US," it said.
New Delhi: Drug firm Caplin Point Laboratories on Tuesday said its subsidiary has entered into a distribution agreement with Xellia Pharmaceuticals for five injectable products in the US.
The first product is expected to be launched shortly, while approvals for the remaining are expected in the next 12-18 months, Caplin Point Laboratories said in a BSE filing.
"Caplin Steriles Limited (a Subsidiary of Caplin Point Laboratories Ltd) has entered into a private label distribution agreement with Xellia Pharmaceuticals for five generic injectable abbreviated new drug application (ANDA) in the US," it said.
Caplin Point Laboratories Chairman C C Paarthipan said the company has partnered with Xellia which has a long-standing track record of commercial success in the US for injectable products.
"These ANDAs are under Caplin Steriles name and Xellia will be commercializing them in the US," he added.
Peter Karas, Xellia's Vice President Global Business Development said "Caplin Steriles'' focus on these essential medicines and their robust supply chain fits well with our track record of providing a consistent supply and growing list of essential medicines to patients in the US".
Xellia Pharmaceuticals, headquartered in Denmark, is a specialty pharmaceutical company developing, manufacturing and commercializing anti-infective treatments against serious and often life-threatening bacterial and fungal infections.
Also Read: Caplin Steriles Gets USFDA Nod For Generic VAZCULEP Injection
Farhat Nasim joined Medical Dialogue an Editor for the Business Section in 2017. She Covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She is a graduate of St.Xavier’s College Ranchi. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751