Monday, 8 September 2014

Cipla jumps 2%, collaborates with UK's S&D Pharma

Shares of  Cipla jumped around 2 percent intraday on Tuesday after it announced a commercial collaboration with UK-based S&D Pharma to enter Czech Republic and Slovakia. As per the agreement, Cipla will be driving its respiratory product portfolio in both Czech Republic and Slovakia through a Cipla owned sales force team, managed by Cipla commercial head. S&D Pharma will physically distribute all products, including respiratory products, and this portfolio will increase over the next few years. The company said, in a press statement, that once regulatory and reimbursement approvals are in place, the Salmeterol-Fluticasone fixed combination will be launched in  both markets underthe  name Fullhale. Apart from Croatia where the combination is already available under the name Duohal, Cipla recently launched the product in Germany and Sweden. In Germany  the product is distributed under the name ‘Serroflo’, whereas in Sweden the combination  is launched as ‘Salmeterol/Fluticasone Cipla’.

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