Sun Pharma Cosmo Expand License And Supply Agreements For Winlevi To Include Japan, Australia, New Zealand, Brazil, Mexico And Russia

Sun Pharma Cosmo Expand License And Supply Agreements For Winlevi To Include Japan, Australia, New Zealand, Brazil, Mexico And Russia

By, Admin 27 July 2022

Sun Pharmaceutical Industries Limited, World'S Fourth Largest Specialty Generic Pharmaceutical Company, And Cassiopea, A Subsidiary Of Cosmo Pharmaceuticals N.V Announced The Signing Of Addendums To The License And Supply Agreements For Winlevi (Clascoterone) Cream 1% Expanding The Territory To Include Japan, Australia, New Zealand, Brazil, Mexico And Russia.In 2021, Sun Pharma And Cassiopea Had Signed License And Supply Agreements For The United States And Canada Markets. Sun Pharma Launched Winlevi In The Us Market In November 2021.Under The Terms Of The Above Referred Agreements, Sun Pharma Will Receive From Cassiopea The Exclusive Right To Develop And Commercialize Winlevi In Japan, Australia, New Zealand, Brazil, Mexico And Russia. Cosmo Will Be The Exclusive Supplier Of The Product. Cassiopea Will Receive An Upfront Payment Of Us$ 7 Million, Potential Regulatory And Sales Milestones And Customary Double-Digit Royalties On Net Sales.Aalok Shanghvi, Evp & Head - Generic R&D, Generic Global Bd And Emerging Markets, Sun Pharma Said,

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