Dr Reddy’s has completed the purchase of worldwide exclusive Intellectual Property Rights (IPR) for Fondaparinux sodium, its generic anti-coagulant drug, from Australian partner Alchemia for $17.5 million (around Rs 115 crore). Fondaparinux is a generic version of the anticoagulant drug Arixtra, which is approved in the US and Europe for the treatment of deep vein thrombosis (DVT) and pulmonary embolism (PE).
Dr Reddy’s Buys IPR for Anti-Coagulant Drug for $17.5 Million
Date posted: Saturday 21 November 2015