Business Daily from THE HINDU group of publications Tuesday, Jun 27, 2006 |
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Corporate
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Announcements Marketing - New Products & Services Dr Reddy's launches generic Zocor Our Bureau
In a press release here, the company said it had entered into separate agreements with Merck that allowed it to launch the authorised generic versions of Proscar (cancer drug) and Zocor. However, the company did not disclose the specific financial terms and conditions of the agreement. The company had launched the generic version of Proscar in 5 mg tablets form on June 19 following the expiry of the compound patent. The innovator sales for this drug stood at $393-million, while that of Zocor amounted to $4.5-billion.
More Stories on : Announcements | New Products & Services | Pharmaceuticals | Dr. Reddy's Laboratories Ltd
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