Navigation Links
Zydus Cadila and Kopran in strategic alliance

The Ahmedabad-based Zydus Cadila Healthcare announced a strategic alliance with Mumbai-based Kopran for marketing and manufacturing of formulation brands and collaborative research while taking over the Kopran's anti-hypertensive drug 'Aten' for Rs. 75 crores. Aten (Atenolol), is the largest brand in the cardiovascular segment. Aten, today, ranks within the top 50 Indian Pharma brands.

// As a part of the alliance, the Mumbai-based Kopran has perpetually assigned its anti-hypertensive drug 'Aten'(Atenol) to Zydus Cadila for a consideration of Rs. 75 crores but will continue to manufacture the drug at its facility, Zydus Cadila release said here. Zydus has also entered into a seperate technology transfer agreement with Kopran for zero impurity Atenol which includes milestone payments totalling Rs. 20 crores.

"We saw Aten as a good fit in terms of its size and presence in the cardiac care market," Mr.Pankaj, Managing Director, Zydus Cadila said. Mr.Surendra Somani, MD, Kopran said, "while Aten would grow faster in the hands of Zydus, Kopran would be able to acheive higher growths through its strategy of launching new products."

Kopran will also co-market Zydus Cadila's new products in diabetes, central nervous system and other speciality segments including brands Olanzapine(Olzep), Zolipidem(Zopiz) and anti-diabetic Glimepiride(Gliran).

Zydus Cadila has been leveraging its strength in new product development to introduce several new products, many of them for the first time in India. While on one hand Aten would grow faster in the hands of Zydus Cadila, Kopran would be able to achieve higher growths through its strategy of launching new products.


'"/>




Page: 1

Related medicine news :

1. Cadila gets US FDA approval for Promethazine tablets
2. Cadila Gets Tentative USFDA Nod For Pravastatin Sodium Tablets
3. Cadila to Commence Phase I Clinical Trials On ZYH2
4. A strategic study: Soy diet makes heart disease to worsen in male mice
5. Pharma cos must forge Strategic alliances
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:10/13/2017)... ... ... PurhealthRX , a leading Health and Nutrition Company, is announcing the ... spectrum CBD oil will revolutionize the rapidly growing CBD market by reducing the amount ... into liquid products, while reducing costs to end users. , The team of researchers ...
(Date:10/13/2017)... ... October 13, 2017 , ... The Visiting Nurse Association (VNA) of ... collection of specialty vendors and unique items from across the nation, this holiday-themed event ... wellness services offered by the VNA. The boutique will be open Saturday, November ...
(Date:10/13/2017)... VA (PRWEB) , ... October 13, 2017 , ... ... of DevOps and Agile Software Development, has been awarded a contract by the ... Blanket Purchase Agreement (BPA) aims to accelerate the enterprise use of Agile methodologies ...
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of the largest ... its plans to open a flagship location in Covington, LA at 401 N. U.S. ... Go store next to Office Depot in the Holiday Square shopping center. Its location ...
(Date:10/12/2017)... ... October 12, 2017 , ... Information about the technology: , ... to enable prevention of a major side effect of chemotherapy in children. Cisplatin ... patients. For cisplatin, hearing loss is FDA listed on-label as a dose limiting ...
Breaking Medicine News(10 mins):
(Date:9/19/2017)... , Sept. 19, 2017 HistoSonics, Inc., a venture-backed medical device company developing a ... targeted tissues, announced three leadership team developments today:   ... ... ... Veteran medical device executive Josh Stopek , ...
(Date:9/18/2017)... , Sept. 18, 2017 ... fields of bioinformatics and immune engineering, today ... protective avian influenza A (H7N9) vaccine. ... related to seasonal influenza and presents a ... on prior exposure to be effective. Using ...
(Date:9/12/2017)... -- Consumer reviews on the independent review site Consumer Affairs ... for hearing aids, ranking it higher than Miracle Ear ™, ... ... Hearing Aids ... store that provides high performance, state-of-the-art, German-engineered hearing aids directly to ...
Breaking Medicine Technology: