Danish CNS drug specialist Lundbeck A/S (LUND: DC) says that medicines regulator Health Canada has approved Treanda (bendamustine hydrochloride for injection) to treat patients with relapsed indolent B-cell non-Hodgkin's lymphoma and chronic lymphocytic leukemia, following the success of the brand in both Europe and the USA.
Treanda, among a batch of other products, was licensed from Cephalon (now a wholly owned subsidiary of Teva Pharmaceutical Industries last year and Lundbeck was granted exclusive commercial rights in Canada (The Pharma Letter February 10, 2011). Under license from Japan’s Astellas Pharma, Cephalon and Teva holds exclusive rights to market and develop Treanda in the USA.
Expected to strengthen growth outlook
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