Dr Reddy’s enters into voluntary licensing agreement with Eli Lilly
To manufacture and commercialise baricitinib in India, approved for use in combination with remdesivir for the treatment of suspected or laboratory confirmed Covid-19 in hospitalised adults
Updated On - 12 May 2021, 09:25 AM
Hyderabad: Hyderabad-based pharmaceuticals company, Dr Reddy’s Laboratories, entered into a royalty-free, non-exclusive voluntary licensing agreement with Eli Lilly and Company for the manufacture and commercialisation of the drug, baricitinib, in India.
The drug baricitinib has received restricted emergency use approval from the Central Drugs Standard Control Organization (CDSCO), Ministry of Health, India, for use in combination with remdesivir for the treatment of suspected or laboratory confirmed Covid-19 in hospitalised adults requiring supplemental oxygen, invasive mechanical ventilation, or extracorporeal membrane oxygenation.
Dr Reddy’s said, this partnership comes at a critical juncture in the fight against the pandemic in India and adds to the company’s existing range of Covid-19 therapeutics, covering the full spectrum from mild to moderate and severe conditions of the disease, and a vaccine.
Deepak Sapra, chief executive officer, API and Services, Dr Reddy’s Laboratories, said, “From the start, we have been determined to explore every possible avenue against Covid-19. Our collaboration with Lilly will help us make yet another treatment option available to patients in India.”
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