Pharmaceutical Business review

Teijin Pharma widens Febuxostat business

The company has signed a deal with Menarini for Turkey market, which has been already marketing TMX-67 under the brand name Adenuric in Europe since March 2010 under marketing rights granted by licensee Ipsen.

Under the agreement with Takeda Pharmaceuticals North America (TPNA), Teijin Pharma is looking forward to expand its TMX-67 marketing in Mexico and Caribbean countries including Dominican Republic and Jamaica. Commercial launches in these new markets are expected in 2012 or later.

For the MENA region, Teijin Pharma has signed an agreement with Algorithm SAL of Lebanon, which has exclusive marketing rights to TMX-67 in 16 MENA countries, including Lebanon, Saudi Arabia and Egypt. Commercial launches are expected in 2012 or later.