Home » News » Lupin launches Salix Pharma’s Zaxine in Canada

Lupin launches Salix Pharma’s Zaxine in Canada

Drug maker Lupin Ltd said it has launched US-based Salix Pharmaceuticals Inc.’s Zaxine antibiotic in Canada, under a licensing agreement with that company.Lupin

Under the agreement, Lupin Pharma Canada Ltd has exclusive rights to sell the drug in Canada, Lupin said in a statement.

Zaxine—the brand name for rifaximin—is used to treat hepatic encephalopathy, a complication of cirrhosis of liver. It is used in long-term treatment for adults in 550mg doses.

Lupin will promote the product to hepatologists and gastroenterologists through its own sales people in Canada.

Lupin’s shares rose 0.70% on the BSE to touch Rs.1781.05 at 1.55pm, while the benchmark Sensex fell 1.11% to 28,127.47 points.

“We are very excited with the expansion of Lupin’s business into Canada given the opportunity we have, to create a Brand presence with the launch of Zaxine,” said Vinita Gupta, chief executive officer (CEO), Lupin Ltd.

Zaxine is Lupin’s first launch under the agreement with Salix announced in September. Under the agreement, Lupin has the option to exclusively market, distribute and sell other gastroenterology products in Salix’s Canadian portfolio.

Don't be shellfish...Share on FacebookShare on Google+Share on LinkedInShare on StumbleUponPin on PinterestTweet about this on Twitter

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Free WordPress Themes - Download High-quality Templates