Lupin Ltd. has entered into several strategic agreements to expand its pharmaceutical product offerings globally. On June 16, Lupin signed a license and supply agreement with Sino Universal Pharma to commercialize its Tiotropium dry powder inhaler, used to treat chronic obstructive pulmonary disease, in China. Subsequently, Lupin launched Prucalopride tablets in the United States on June 26 and introduced an Ipratropium Bromide nasal solution on July 4. On July 9, Lupin entered into a license and supply agreement with Zentiva for the global commercialization of its biosimilar Certolizumab Pegol. Under this collaboration, both companies will invest in the development of the biosimilar, with Lupin responsible for development, manufacturing, and initial commercialization. Lupin will receive an initial payment of $10 million upon execution of the agreement and will also obtain total development and supply rights.
#NewsAlert | Lupin in license, supply pact with Zentiva for Certolizumab Pegol: Agencies @LupinGlobal #StockMarket https://t.co/Ed2xJ5WU48
#Lupin Ltd. and Zentiva have entered into a license and supply agreement for the global commercialization of Lupin's biosimilar Certolizumab Pegol. This collaboration aims to increase the availability of this biosimilar worldwide. Lupin will handle development, manufacturing, https://t.co/a6jUPFgi5r
#JustIN | #Lupin signs licence & supply agreement with Zentiva to commercialise Certolizumab, both parties will invest in the development of the new Certolizumab biosimilar Co to receive an initial payment of $10 m upon execution of the agreement, to also get total development & https://t.co/G2BOx8y3Ia