Business Standard

Wednesday, January 08, 2025 | 05:43 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

AstraZeneca UK decides to terminate distribution agreement for Meronem

Image

Capital Market

In India

AstraZeneca Pharma India has received a notice of termination from AstraZeneca UK, conveying its decision for termination of distribution agreement for Meronem (meropenem) in India. This is as a result of a global agreement by AstraZeneca PLC to sell the development and commercialisation rights to Pfizer Inc, of its late-stage small molecule antibiotics business.

Meronem is a carbapenem anti-bacterial used for the treatment of serious infections in hospitalised patients.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 24 2016 | 5:32 PM IST

Explore News