According to Hikma Pharmaceuticals, the company has signed a licensing and distribution agreement with Orion Corporation for marketing rights to a budesonide/formoterol Easyhaler DPI for the treatment of asthma and COPD throughout the Middle East and North Africa (MENA).
Hikma Vice Chairman and CEO of MENA and Emerging Markets Mazen Darwazah commented, “We are pleased to be adding this important product to our respiratory pipeline and we hope this collaboration with Orion will be the beginning of a long partnership for its Easyhaler device products in the MENA region. Global partnerships are an integral part of our strategy to grow our portfolio in key therapeutic areas and improve patients’ access to high-quality medicines.”
Orion Senior VP of Proprietary Products Markku Huhta-Koivisto said, “I am excited about this collaboration between Orion and Hikma and look forward to having such a strong partner in the MENA region supporting the expansion of our Easyhaler business. This collaboration is also an excellent opportunity to deepen our longstanding relationship with Hikma. We’re confident that the good momentum we have for our Easyhaler products will continue and that this partnership with Hikma will, for its part, strengthen Orion’s strategic objective to become a stronger player in the field of respiratory medication.”
Read the Hikma press release.
