NovaMedica to distribute Aptalis products in Russia
Russian drugmaker NovaMedica, a joint enterprise between the Russian high-technology investment fund RusNano and the American venture health care fund Domain Associates set up last year (The Pharma Letter March 7, 2012), has signed a partnership agreement with privately-held US firm Aptalis Pharma, to develop and commercialize a portfolio of three of Aptalis Pharma’s novel gastrointestinal pharmaceutical products in Russia.
Under the agreement, financial terms of which were not disclosed, NovaMedica will work towards to completing the requirements for regulatory approval of the products in Russia. Subject to obtaining approvals, Aptalis’ pharmaceutical products are expected to come to market in 2014-2015.
Drug details
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