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Lupin to co-market MSD's pneumonia vaccine in India
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SME Times News Bureau | 18 Jul, 2013
Lupin has formed a country-specific strategic partnership with global
pharma major MSD, which will give the city-base drug maker a
non-exclusive licence to market, promote and distribute the latter's
23-valent pneumococcal polysaccharide vaccine (PPV) under a different
brand name in India.
Pneumococcal disease is an infection caused
by bacteria and it results in variety of invasive and non-invasive
pneumococcal diseases with pneumonia being the most common in adults.
Pneumococcal
disease kills more patients worldwide than any other vaccine
preventable diseases. Worldwide 1.6 million people die of pneumococcal
disease every year which translates to 3 people dying every minute.
"PPV23
provides broader coverage and has proven efficacy for prevention of
pneumococcal diseases which help address the need of prevention of
pneumococcal disease in India," Lupin and MSD (known as Merck & Co
in the US and Canada) said in a statement Thursday.
Shakti
Chakraborty, group president, India & CIS countries, Lupin, said:
"We believe that the partnership is an important step-forward as both
companies share a common passion and commitment to make a meaningful
difference to the lives of patients suffering from Pneumococcal diseases
in India."
MSD operates its human health business in India
through privately MSD Pharmaceuticals, Organon (India) and Fulford
(India), all subsidiaries of US-based Merck.
"The partnership is a
perfect amalgamation as MSD brings the research and scientific
excellence for pneumococcal polysaccharide vaccines and Lupin brings
their marketing excellence, significant reach among key clinician
categories to drive product access," said, K.G. Ananthakrishnan, MD, MSD
in India.
The two companies didn't disclose the financial terms and conditions of the deal.
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