Celltrion Pharm completes localizing 3 Edarbi products
By Lee, Hye-Kyung | translator Kang, Shin-Kook
24.05.09 05:48:51
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Acquired rights from Takeda Pharmaceuticals in 2020¡¦completes transition to local production
On the 8th, the Ministry of Food and Drug Safety (MFDS) simultaneously withdrew and approved the authorization of Celltrion Pharm's Edarbi Tab 20mg.
In December 2020, Celltrion Pharm acquired the entire rights, including sales and patents, of Takeda Pharmaceuticals' 12 ETC and 6 OTC drugs in 9 countries in the Asia-Pacific region for USD 278.3 million (approximately KRW 307.4 billion).
The Edarbi license that was withdrawn this time is the item Takeda Pharmaceuticals received approval for in May 2017 and then sold to Celltrion Pharm.
Lee, Hye-Kyung(hgrace7@dailypharm.com)
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