Zydus, Torrent Pharma Sign Licencing Agreement For Liver Disease Pharmaceuticals
The companies have agreed to co-market Saroglitazar Mg throughout the nation. Torrent released a statement stating that it will have semi-exclusive rights to co-market the product in India under the Vorxar brand
Torrent Pharmaceuticals and Zydus Lifesciences signed a licencing agreement to co-market a medication for the treatment of non-alcoholic fatty liver disease (NAFLD) and non-alcoholic steato hepatitis (NASH).
The companies have agreed to co-market Saroglitazar Mg throughout the nation. Torrent released a statement stating that it will have semi-exclusive rights to co-market the product in India under the Vorxar brand. Zydus will continue to market the medication under the brand names Lipaglyn and Bilypsa, which it launched. Aman Mehta, director of Torrent Pharmaceuticals, stated that the agreement will strengthen the company’s gastroenterology business.
It also stated that Torrent will pay Zydus milestone payments contingent on reaching pre-established milestones as well as upfront licencing fees. Saroglitazar Magnesium, the only medication for NASH and NAFLD that is currently approved in the nation, is probably going to be essential in controlling and reducing the effects of these common and progressive liver diseases. As of now, no medication is authorised for the treatment of NASH and NAFLD in any other country.