Don’t miss the latest developments in business and finance.

TB Alliance grants licence to Macleods for manufacturing anti-TB drug

Image
Press Trust of India New Delhi
Last Updated : Oct 28 2019 | 6:10 PM IST

TB Alliance, a not-for-profit organisation, on Monday said it has granted a non-exclusive licence to manufacture anti-TB drug pretomanid to Macleods Pharmaceuticals Ltd.

Macleods has agreed to commercialise the anti-tuberculosis (TB) medicine in about 140 countries and territories, including India, after getting the regulatory approvals, TB Alliance said in a statement.

"We are proud to partner with Macleods, which has a strong record of delivering high-quality, affordable tuberculosis medicines," TB Alliance President and CEO Mel Spigelman said.

TB Alliance is committed to ensuring an affordable, sustainable and competitive market for all its new TB products, he added.

"This important collaboration with TB Alliance will ensure accessibility of pretomanid in countries where it is needed the most," Macleods Business Development Director Vijay Agarwal said.

TB Alliance has earlier collaborated with Macleods on the introduction of child-friendly formulations of first-line TB medicines, the statement said.

Also Read

First Published: Oct 28 2019 | 6:10 PM IST

Next Story