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    India's Biocon to sell branded formulations business to Eris Lifesciences for $150 mln

    Details:

    The collaboration aims to support the Biocon for the commercialization of ACTIBLOK IPR 25 (metoprolol succinate). It is an approved product indicated for the treatment of hypertension and angina pectoris.


    Lead Product(s): Metoprolol Succinate

    Therapeutic Area: Cardiology/Vascular Diseases Product Name: ACTIBLOK IPR 25

    Highest Development Status: ApprovedProduct Type: Small molecule

    Recipient: Biocon Biologics

    Deal Size: $150.0 million Upfront Cash: Undisclosed

    Deal Type: Collaboration March 13, 2024

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    famar-2024-07-22

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