Saturday, September 23, 2006

Gilead Sciences Inc on Friday said it struck a deal with eight India-based generic drug companies, for them make cheaper copies of Gilead's AIDS drug Viread to be sold in low-income countries.

The Foster City, California-based company said it signed the non-exclusive license deals with Alkem Laboratories Ltd., Aurobindo Pharma Ltd, FDC Ltd., J.B. Chemicals & Pharmaceuticals Ltd., Matrix Laboratories Ltd., Medchem International, Ranbaxy Laboratories Ltd.and Shasun Chemicals & Drugs Ltd.

The deal lets the companies produce and distribute Viread to 95 developing countries, Gilead said.

The move follows a similar agreement with three companies announced in August.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home