News

Manufacturing deal wins China cheap supply of GSK's new HIV drug


TRY IT NOW

Sign up online today & collaborate

or click here to find out more

Manufacturing deal wins China cheap supply of GSK's new HIV drug

 

Date: 02/07/ 2015

China will receive cut-price supplies of GlaxoSmithKline's new HIV drug Tivicay, following a deal for Shanghai-based Desano Pharmaceuticals to become an additional manufacturer of the medicine's active ingredient.

The collaboration between GSK's HIV unit ViiV Healthcare and Desano marks an improvement in the business climate for the British drugmaker, which was fined a record 3 billion yuan ($484 million) in September for bribing Chinese doctors.

At the time, GSK promised to boost access to its medicines in the country by expanding local production and adopting flexible pricing. However, a ViiV spokesman said the negotiations with Desano predated this commitment.

Under the agreement announced by ViiV on Thursday, Desano will manufacture the active pharmaceutical ingredient for Tivicay, or dolutegravir, to feed into the GSK/ViiV supply chain for onward sale in China and other developing countries.

For more click here

Source: Reuters


© Catalyst Innovation Portal 2019