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Panacea Biotec expands collaboration agreement with Canada’s Apotex


Panacea Biotec has expanded its existing collaboration with Apotex for sales & distribution of Prasugrel 5mg and 10mg tablets in USA.

By team ABLE

Panacea Biotec Limited has expanded its existing collaboration with Canadian-owned pharmaceutical company Apotex Inc for sales & distribution of Prasugrel 5mg and 10mg tablets (generic version of Eli Lilly’s Effient) in the USA.
The company has signed an exclusive License and Supply Agreement with Apotex for this purpose. Under the terms of the agreement, Apotex shall be responsible for sales & distribution of the product in the USA and the Company shall be responsible for manufacturing and supply.