Financial Daily from THE HINDU group of publications Tuesday, Jun 06, 2006 |
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Corporate
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Alliances & Joint Ventures Wockhardt to sell UK co skin drug Our Bureau
Vitiligo is a skin disorder where the patient develops white patches caused by localised loss of pigmentation and the problem affects 1-2 per cent of global population. Vitix is a gel for topical application and will be manufactured by Wockhardt in India from active pharmaceutical ingredients (API) imported from LSI, a note from Wockhardt said. Vitix is expected to be launched in the last quarter of 2006. The product is already marketed in Europe, North America, South-East Asia and Africa. In-licensing Vitix would strengthen Wockhardt's dermatology portfolio and that includes the Nadoxin range, a quinolone antibiotic for topical use.
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