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  • Lupin, ForDoz Pharma...

Lupin, ForDoz Pharma ink distribution pact for 2 complex injectable drugs under development

Ruchika SharmaWritten by Ruchika Sharma Published On 2020-08-07T14:18:51+05:30  |  Updated On 7 Aug 2020 2:18 PM IST
Abacavir, Dolutegravir and Lamivudine Tablets for Oral Suspension
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Mumbai: Pharma major Lupin Limited has announced that its U.S. based wholly-owned subsidiary Lupin Pharmaceuticals Inc. has entered into an agreement with ForDoz Pharma Corp for granting Lupin the exclusive rights to market and distribute 2 complex injectable assets in advanced stages of development in the U.S. and its territories.

The two assets are in the Oncology and Anti-infective therapeutic areas which when approved, will provide affordable alternatives to patients and healthcare professionals.
The assets will be manufactured in ForDoz's U.S. based manufacturing site and ForDoz will be responsible for the development and obtaining the necessary regulatory approvals. Lupin shall leverage its existing commercial infrastructure for the marketing and distribution of the two assets.
Commenting on the development Alok Sonig, CEO, US Generics and Global Head, Generics R&D and Biosimilars for Lupin said, "The partnered assets are a key, strategic addition to our complex injectables pipeline and will bolster our Institutional business offering. These assets will complement Lupin's ongoing organic R&D efforts in complex assets including inhalation and long-acting injectables as well as Biosimilars."
According to James He, Founder, and CEO of ForDoz Pharma Corp, "ForDoz Pharma is excited to partner our complex injectable flagship products with Lupin. Lupin's leadership presence in the U.S. will complement ForDoz's scientific and complex injectable manufacturing capability to bring affordable medicines to patients in an efficient manner".
Read also: Lupin Unveils COVID-19 Drug Under Brand Name Covihalt For Rs 49 Per Tablet

lupinlupin newsfordoz pharmafordoz pharma newsoncologyantiinfective
Ruchika Sharma
Ruchika Sharma

    Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751

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