- As per this agreement, Astrazeneca remains the holder of the registration for Pulmicort Respules® and will manufacture the drug. Glenmark will commercialize the product in Columbia.
- This partnership will ensure continued and increased access of this essential therapy, and thus bring in much needed therapeutic relief to asthma patients in Colombia
Glenmark Pharmaceuticals today announced that its subsidiary Glenmark Pharmaceuticals Colombia S.A.S. and Astrazeneca Colombia S.A.S. have entered into an exclusive licensing agreement for the commercialization of Astrazeneca’s drug Pulmicort Respules®. Under the terms of the agreement, Astrazeneca remains the holder of the registration for Pulmicort Respules® and will be responsible for manufacturing and supplying the drug. Glenmark will be responsible for commercialization of Pulmicort Respules® in the Colombian market.
Commenting on the agreement, Mr. Marco Cerato, Executive Vice President and Global Head – Business Development, Glenmark Pharmaceuticals, said, “We are excited to collaborate with Astrazeneca and ensure continued and increased access of Pulmicort Respules®, a high quality essential therapy to Colombian patients suffering from bronchial asthma. It will also help us in strengthening our key therapy area of respiratory medicine, in the region”.