Pharmstandard to produce drugs for Eisai in Russia

7 April 2016

Japanese drug major Eisai (TYO: 4523) saw its share up 6..8% at 6,850 yen, after it announced signing a cooperation agreement with Pharmstandard (PHST: RU), a leading Russian pharmaceutical company, relating to the localized production of Eisai products in Russia.

These agreements relate to Eisai's global oncology therapies, Halaven (eribulin) and Lenvima (lenvatinib), as well as the company's global epilepsy therapy, Fycompa (perampanel).

Under the proposed agreements, important stages in the manufacturing process for both eribulin and lenvatinib will be completed in Pharmstandard's cutting edge facilities in Ufa, while for perampanel these will be performed in Pharmstandard's facility in Kursk.

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