Lupin joins hand with Polish firm Celon for dry powder inhaler product
Both companies will co-develop fluticasone/salmeterol dry powder inhaler product - a generic version of GlaxoSmithKline's Advair Diskus, which had global sales of over $ 7 bn last fiscal
BS B2B Bureau B2B Connect | Mumbai
Vinita Gupta, CEO, Lupin, said, “This collaboration is an important milestone in Lupin’s efforts to evolve its global inhalation pipeline. We are very pleased to partner with Celon given their experience in the development and manufacturing of fluticasone/salmeterol DPI in Europe. This coupled with Lupin’s expertise in inhalation product development and commercialisation in the US and other markets will accelerate the development of generic Advair Diskus for global markets.”
Maciej Wieczorek, CEO and managing director, Celon, said, “Our scientific and technical teams look forward to collaborating with Lupin to bring this product to major markets outside of Poland. We are enthusiastic and believe that both the companies would work together to complete a time bound research and development program to ensure successful registration in targeted markets, for Lupin to effectively commercialie the product.”
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First Published: Feb 17 2015 | 6:06 PM IST