Lupin in deal with Abbott and Fournier for Antara; Sun Pharma to sell Merck & Co diabetes drugs

27 April 2011

Indian drugmaker Lupin (LOPN: BO) yesterday announced via a filing with the Bombay stock exchange that it has entered into a licensing pact for various patents of the cholesterol lowerer drug Antara (fenofibrate) with US health care major Abbott Laboratories (NYSE: ABT) and French independent drugmaker Laboratoires Fournier SA.

Lupin and its subsidiaries reached agreement for various Antara patents, but declined to disclosed financial terms of the licensing agreement citing confidentiality concerns. The agreement covers as many as eight patents in the US for the drug besides any divisionals, continuations, continuations in part, reissues, re-examinations, and extensions, it added.

MSD in India and Sun Pharma accord for sitagliptin marketing

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