Dr Reddy’s makes deal with Gland Pharma for US injectables

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Dr Reddy’s makes deal with Gland Pharma for US injectables

Generics/News | Posted 18/11/2016 0 Post your comment

Generics manufacturer Dr Reddy’s Laboratories (Dr Reddy’s) announced on 26 October 2016 that it had entered into a ‘strategic collaboration’ with India-based sterile dosage form maker Gland Pharma.

The deal covers a diverse portfolio of eight generic injectables, for which abbreviated new drug applications (ANDAs) have already been filed and are pending approval or for which the ANDAs will be filed imminently. Combined sales for both branded and generic versions of the products in the US are estimated to be approximately US$1 billion for the 12 months ending in August 2016, according to IMS Health.

Dr Reddy’s Executive Vice-President and Head of North America Alok Sonig said the deal with Gland would complement the company’s specialty injectables offering in the short-to-medium term.

Gland Pharma Chief Operating Officer Srinivas Sadu said the company was happy to expand its collaboration with Dr Reddy’s, which he said has an ‘impressive track record of commercialising injectables products in the US’.

Dr Reddy’s also stated that it ‘is developing its injectable business in the US and recently launched paricalcitol injection, a therapeutically equivalent generic version of Zemplar (paricalcitol injection) there’.

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Source: Dr Reddy’s