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Merck and Sun Pharma Announce Joint Venture
- Publisher：
- Publication：2011/4/14
US drug manufacturer Merck has formed a joint venture with India-based Sun Pharmaceutical in order to bring innovative formulations to emerging markets.
The joint venture plans to developed innovative and differentiated drugs for markets in the Asia-Pacific, Latin American, Eastern European, African and Middle Eastern regions, consisting mainly of variation of known medications.
Formulations will be developed using Sun Pharma Advanced Research Company technology, as the company specialises in product development, with Merck assisting in the regulatory competence and market presence of any products.
Financial details of the partnership were not disclosed.
Source: pharmaceutical-technology