Lupin Partners with Celnova for Drug Distribution in South America

By By Rediff Money Desk, New Delhi
Sep 27, 2024 18:45
Lupin's subsidiary has partnered with Celnova Pharma to distribute NaMuscla, a drug for non-dystrophic myotonic disorders, in Argentina and Colombia. The partnership aims to provide innovative treatment options for patients with these rare neuromuscular disorders.
New Delhi, Sep 27 (PTI) Lupin on Friday said its subsidiary has signed a pact with Celnova Pharma for the distribution of a drug in Argentina and Colombia.

The distribution pact is for a drug indicated for the treatment of non-dystrophic myotonic disorders. Lupin Atlantis Holdings SA has inked the pact with Celnova.

As per the pact, Celnova will commercialise NaMuscla in Argentina and Colombia, for the symptomatic treatment of myotonia in adults with non-dystrophic myotonic (NDM) disorders, Lupin said in a statement.

NaMuscla is the first and the only licensed product in Europe for this indication, it added.

NDM disorders are a group of rare, inherited neuromuscular disorders, characterized by the inability to relax muscles due to voluntary contraction resulting in myotonia or muscle stiffness.

NaMuscla reduces myotonia symptoms in people with NDM, resulting in a significant improvement in quality of life and other functional and clinical outcomes for patients.

NaMuscla, which has been designated orphan drug status in Europe and US, received EU marketing authorisation in December 2018.

As per the agreement, Celnova will be the exclusive distributor of NaMuscla in Argentina and Colombia, and drive the registration, importation, storage, and sales, Lupin said.

The Mumbai-based company will manufacture and supply the finished products to Celnova, it added.

"This is aligned to our commitment of meeting the needs of NDM patients by creating tailor-made solutions for each market, working with health authorities, healthcare providers, patient advocacy groups to help patients suffering from myotonia diseases," said Fabrice Egros, President Corporate Development and Growth Markets, Lupin.

Celnova CEO Juan Marrone said the collaboration addresses a significant unmet need of those living with non-dystrophic myotonic disorders, offering an innovative treatment option that can greatly improve quality of life.
Source: PTI
Read More On:
argentinalupincelnova pharmanamusclanon-dystrophic myotonic disorders
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Motilal Oswal MF Acquires Coforge Shares for Rs...

Motilal Oswal Mutual Fund has bought additional shares of Coforge worth Rs 231 crore...

India Steel 2025: PM Modi to Inaugurate Event...

Prime Minister Narendra Modi will inaugurate the India Steel 2025 event in Mumbai on...

Zydus MedTech Partners with Braile Biomedica...

Zydus MedTech collaborates with Braile Biomedica to commercialize TAVI technology...

sirrus.ai PropTech Sees Growth Amid Urbanization

sirrus.ai, an AI-driven proptech platform, expects a significant jump in deals driven...

Gujarat Launches First SpaceTech Policy in India

Gujarat becomes the first state in India to introduce a dedicated SpaceTech Policy,...

Tata Elxsi Q4 Profit Dips, Revenue Rises -...

Tata Elxsi's Q4 profit declined by 12.4% to Rs 172.41 crore, while revenue rose...

Amazon.in Sees Double-Digit Growth in Madhya...

Amazon.in reports double-digit growth in home, kitchen, and outdoors business in Madhya...

NSDC, Reliance Foundation Launch Future Ready...

NSDC and Reliance Foundation launched the Future Ready Skills Initiative in MP,...

IndusInd Bank Appoints Santosh Kumar as Deputy CFO

IndusInd Bank has appointed Santosh Kumar, its Chief Accountant, as Deputy Chief...

AI Boosts Data Storage Demand, Sustainability...

A Seagate report highlights the surge in data storage demand driven by AI, raising...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com