Pfizer signs deals with Indian drugmaker Strides Arcolab for generic cancer drugs and niche injectables
Further expanding its foot print in the generic drugs market, global drugs behemoth Pfizer is strengthening the collaboration announced earlier this year with Bangalore, India-based Strides Arcolab (The Pharma Letter January 7). It has now signed two licensing and supply agreements which address new markets and product segments.
Under the first agreement, Strides will license and supply up to 38 generic oncology products to Pfizer for markets in the European Union, Canada, Australia, New Zealand, Japan, and Korea. The second agreement covers niche sterile injectables for the US market. The finished dosage form products will be commercialized by Pfizer through its Established Products Business Unit. Financial terms of both agreements were not disclosed.
Pfizer aiming for market leadership in injectables
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