New Diabetes Drug: Zydus Cadila Seeks Tie-up..!

 November 14 - World Diabetes Day
June 27  - World Diabetes Day

Zydus Cadila on recently said it is looking for partnership to market its new chemical entity (NCE) Lipaglyn, to be used for treating a type of diabetes in developed &  developing markets.

Lipaglyn is the first glitazar to be approved in the world &  the first NCE discovered and developed indigenously by an Indian pharma firm.


The new drug is expected to be launched in Q3 of this fiscal in India, Zydus Cadila CMD Mr. Pankaj Patel said. The firm has spent $ 25 crore in developing Lipaglyn & aims to spend another $ 15 crore to  20 crore to launch the drug in overseas markets in the next 3 to 5 years, Mr. Patel said.


Share:

No comments:

Post a Comment

Popular Posts

Blog Archive

Recent Posts

Featured Post

Coverton Insurance Broking - a one-stop solution for businesses and individuals seeking expert risk management

Coverton Insurance Broking Launches Comprehensive Insurance Broking Services to Simplify and Enhance Risk Management for Businesses and In...