Financial Daily from THE HINDU group of publications
Tuesday, Dec 09, 2003
Financial Daily from THE HINDU group of publications Tuesday, Dec 09, 2003 |
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Corporate
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Alliances & Joint Ventures Dr Reddy's inks pact with Croatian co Our Bureau
Hyderabad , Dec. 8 DR Reddy's Laboratories Ltd has announced that it has signed an agreement with PLIVA for development and marketing of oncology products in Europe. PLIVA is a global pharmaceuticals company based in Zagreb, Croatia, and the agreement covers the development and marketing for 11 Oncology products. Under the agreement, Dr Reddy's would develop the Active Pharmaceutical Ingredients and prepare the drug master file, while PLIVA would be responsible for developing the formulations and preparing the dossier for filing marketing authorisation applications. By the same contract, PLIVA was granted exclusive marketing rights for 11 central and East European (CEE) countries, and semi-exclusive rights for the rest of CEE countries and Western Europe.
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