Merck Forms Joint Venture with Sun Pharmaceutical - Pharmaceutical Technology

Latest Issue
PharmTech

Latest Issue
PharmTech Europe

Merck Forms Joint Venture with Sun Pharmaceutical


ePT--the Electronic Newsletter of Pharmaceutical Technology

Merck & Co. formed a joint venture with the Mumbai-based specialty pharmaceutical company Sun Pharmaceutical Industries to develop, manufacture, and commercialize new combinations and formulations of branded generic drugs in emerging markets. The joint venture will be structured through subsidiaries of Merck and Sun Pharmaceutical. A joint board and leadership team, consisting of members of senior management from both companies, will manage the collaboration.


"Merck’s emerging-markets strategy is driven by our overarching focus on applying innovation across our business from introducing novel compounds to broadening our focus on innovative branded generics," said Kevin Ali, president of Merck’s emerging-markets businesses, in an Apr. 11, 2011, press release.

Sun Pharmaceutical manufactures and markets pharmaceutical formulations as branded generic drugs and “incrementally innovative generics” in India, the US, and several emerging markets, said Merck in the release. The company has capabilities in process chemistry, active pharmaceutical ingredient manufacturing, and dosage formulations. Sun also has an independent research and development company, Sun Pharma Advanced Research, which focuses on the discovery and development of new molecules and drug-delivery systems. Its projects include oral drug-delivery platforms (e.g., gastroretentive devices and wrap-matrix technology), injectables (nanoparticulate formulations and biodegradable depots), dry-powder inhalers, and ophthalmic technologies (e.g., swollen micelles and gel-free reservoirs). Some products based on these technologies are marketed in India.

ADVERTISEMENT

blog comments powered by Disqus
LCGC E-mail Newsletters

Subscribe: Click to learn more about the newsletter
| Weekly
| Monthly
|Monthly
| Weekly

Survey
Which of the following business challenge poses the greatest threat to your company?
Building a sustainable pipeline of products
Attracting a skilled workforce
Obtaining/maintaining adequate financing
Regulatory compliance
Building a sustainable pipeline of products
26%
Attracting a skilled workforce
29%
Obtaining/maintaining adequate financing
14%
Regulatory compliance
31%
View Results
Eric Langer Outsourcing Outlook Eric LangerBiopharma Outsourcing Activities Update
Cynthia Challener, PhD Ingredients Insider Cynthia Challener, PhDAppropriate Process Design Critical for Commercial Manufacture of Highly Potent APIs
Jill Wechsler Regulatory Watch Jill Wechsler FDA and Manufacturers Seek a More Secure Drug Supply Chain
Sean Milmo European Regulatory WatchSean MilmoQuality by Design?Bridging the Gap between Concept and Implementation
Report: Pfizer Makes $101 Billion Offer to AstraZeneca
Medicare Payment Data Raises Questions About Drug Costs
FDA Wants You!
A New Strategy to Tackle Antibiotic Resistance
Drug-Diagnostic Development Stymied by Payer Concerns
Source: ePT--the Electronic Newsletter of Pharmaceutical Technology,
Click here