Zydus acquires six brands from US pharma giant
Indian pharma company Zydus Cadila has acquired a range of drug brands which fall in the men’s health, women’s health, wound management and cardiovascular therapy segments for marketing in India.
The deal with MSD, the non-US/Canada trading name for US pharma giant Merck & Co (MRK), gives Zydus rights to Deca-Durabolin, Durabolin, Sustanon, Multiload, Sicstat and Axeten.
The deal includes transfer of distribution and commercialization rights and assignment of trademarks of all the six brands to Zydus Healthcare Limited in India. As a part of the deal, Organon (India) Private Limited, one of the legal subsidiaries through which MSD operates its business in India has also transferred the distribution and commercialization rights for Deca-Durabolin and Durabolin to Zydus for Nepal. Financial details of the deal remain undisclosed.
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