Licensing Deal

Dr Reddys Inks Licensing Pact With Eli Lilly For COVID-19 Treatment Drug

September 30,2021 09:53 AM
- By Admin

 Dr Reddy's Laboratories on Tuesday said it has inked a licensing pact with Eli Lilly and Company to produce Baricitinib in the country for treatment of COVID-19. The Hyderabad-based firm said it has entered into a royalty-free, nonexclusive voluntary licensing agreement with Eli Lilly and Company for the manufacture and commercialisation of the drug in India. Baricitinib has received restricted emergency use approval from the Central Drugs Standard Control Organisation (CDSCO) for use in combination with remdesivir for the treatment of suspected or laboratory confirmed COVID-19 in hospitalised adults requiring supplemental oxygen, invasive mechanical ventilation, or extracorporeal membrane oxygenation (ECMO)This partnership comes at a critical juncture in the fight against the pandemic in India, and adds to the company's existing range of COVID-19 therapeutics covering the full spectrum from mild to moderate and severe conditions of the disease, and a vaccine, Dr Reddy's noted