Pfizer Signs Marketing Agreement with Cipla for Four Brands in India

MT Newswires Live12-19

Pfizer (NSE:PFIZER, BOM:500680) has entered into an exclusive supply and marketing agreement with Cipla (NSE:CIPLA, BOM:500087) for marketing and distribution of four brands of the company in India, according to a Friday filing to the Indian stock exchanges.

The pact has been signed for cough syrup Corex Dx and Corex LS, the non-steroidal anti-inflammatory drug Dolonex, the proton pump inhibitor Neksium, and the oral antibiotic Dalacin C in India for an initial period of five years.

Pfizer will continue to manufacture, source, and supply these medicines to Cipla for India.

The agreement is aimed at making Pfizer's medicines widely available across India.

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