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Showing posts with label Pharma brands licensed in seven LA markets. Show all posts
Showing posts with label Pharma brands licensed in seven LA markets. Show all posts

Wednesday, 11 June 2008

Jeremy

Hypertension? Too much cholesterol? Then try a trade mark licence

PR Newswire reports that Merck Serono, a division of the German pharma giant Merck KGaA, has signed a distribution agreement with Bristol-Myers Squibb for a portfolio of established pharmaceutical brands in Latin America.

This agreement gives Merck Serono the exclusive marketing and distribution rights to more than 30 prescription medicines, particularly in the cardio-metabolic field, in Argentina, Chile, Colombia, Ecuador, Panama, Peru and Venezuela. Sales of these medicines last year topped US$90 million. Products featured in the deal include well-established brands such as Pravachol for the treatment of high cholesterol levels and Monopril, an ACE-inhibitor used in the field of hypertension.
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