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Estech signs drug export deal

Published: 2008-11-17 06:43:00
Updated: 2008-11-17 06:43:00
Local active pharmaceutical ingredient (API) maker Estech Pharma signed a contract with India's largest pharmaceutical company on November 10 to export Planlukast, an antiarthmatic medicine.

The deal with Ranbaxy Laboratories Ltd. is in the scale of $7.3 million for five years.

The deal allows Ranbaxy to have exclusive sales rights of Planlukast in Japan, once it succeeds in obtaining Ja...

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