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Caplin Point Laboratories enters into a license and distribution agreement

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Capital Market
Last Updated : Apr 07 2015 | 12:02 AM IST

With Fresenius Kabi USA

Caplin Point Laboratories announced that a license and distribution agreement has been made and entered by and between Caplin Point Laboratories, India and Fresenius Kabi USA.

Fresenius Kabi is one of the leading global pharmaceutical companies with unique products and sharp focus on key geographies like USA and Europe.

Under this agreement, Caplin Point shall be responsible for developing and manufacturing identified parenteral products whereas Fresenius Kabi USA shall be holding these ANDAs and commercialize the same in USA.

This is a product specific agreement for United States of America. Currently two products are featuring in the contract.

Caplin Point has already received milestone payments for two products and the product development cum dossier preparation have just commenced.

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First Published: Apr 06 2015 | 2:35 PM IST

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