homebusiness Newscompanies NewsZydus Life signs licensing agreement with Torrent Pharma for co marketing liver disease drug

Zydus Life signs licensing agreement with Torrent Pharma for co-marketing liver disease drug

Under the agreement, Torrent will have semi-exclusive rights to co-market the product in India under the brand name VORXAR. Zydus launched the drug under the brand names Lipaglyn and Bilypsa.

By Asmita Pant  Nov 10, 2023 3:34:59 PM IST (Published)

1 Min Read

Zydus Lifesciences and Torrent Pharmaceuticals have entered into a licensing an supply agreement to co-market Saroglitazar Mg in India, the companies announced on Friday, November 10. Saroglitazar is used for the treatment of non-alcoholic Steato Hepatitis and Non-Alcoholic Fatty Liver Disease.
Saroglitazar Magnesium, by Zydus, is the only drug approved by approved by the DCGI for NASH and NAFLD in the country. India is the first country to have a drug approved for these conditions.
Under the agreement, Torrent will have semi-exclusive rights to co-market the product in India under the brand name VORXAR. Zydus launched the drug under the brand names Lipaglyn and Bilypsa. Torrent will pay Zydus upfront licensing fees and milestone payments based on the achievement of pre-defined milestones.