Eli Lilly in deal with Strides Arcolab for cancer drugs in emerging markets

6 December 2012

US pharma major Eli Lilly (NYSE: LLY) and Indian drugmaker Strides Arcolab (BO: 532531) have entered into a collaboration to expand delivery of cancer medicines in the emerging markets.

As a part of this arrangement, Lilly will in-license a portfolio of high-quality, branded generic injectable and oral cancer drugs from Agila Specialties, a division of Strides Arcolab, based in Bangalore, India.

Agila Specialties will manufacture the cancer medicines, and Lilly will register and market these medications in multiple geographies across the emerging markets. In addition to the initial 10 medicines included as part of the agreement, Lilly has the right to add additional high-quality branded generic oncology products to the portfolio in the future.

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