Glenmark Specialty S.A. and Lotus International Pte. Ltd. enter into Exclusive Licensing Agreement for commercializing Ryaltris™ Nasal Spray in Singapore, Hong Kong and Vietnam
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Thursday, January 20, 2022
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Under the terms of the agreement, Glenmark will be responsible for the manufacture and supply of Ryaltris, while Lotus International Pte.
Key Points:
- Under the terms of the agreement, Glenmark will be responsible for the manufacture and supply of Ryaltris, while Lotus International Pte.
- MUMBAI, India, Jan. 20, 2022 /PRNewswire/ -- Glenmark Pharmaceuticals Ltd. (Glenmark), an innovation-driven, global, integrated pharmaceutical company, today announced that its Swiss subsidiary, Glenmark Specialty S.A., has entered into an exclusive licensing agreement with Lotus International Pte.
- Ltd., a wholly owned subsidiary of Lotus Pharmaceutical Co., Ltd. (Lotus), for commercializing its innovative nasal sprayRyaltrisinSingapore, Hong Kong and Vietnam.
- Glenmark will receive an upfront payment as well as regulatory and sales based milestone payments from Lotus.