Orexigen and BIologix add Egypt to Contrave distribution deal

Biologix will represent Orexigen for registration of local products. File photo
Biologix will represent Orexigen for registration of local products. - File photo
0Comments

Orexigen Therapeutics Ireland Ltd. and Biologix FZCO have made amendments to the commercialization and distribution agreement for Contrave in the Middle East, which will now include Egypt.

The agreement now encompasses 11 countries: Bahrain, Egypt, Iran, Iraq, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia and the United Arab Emirates.

“We are pleased that Orexigen continues to place its trust in us as its partner in the Middle East and North Africa,” Biologix CEO Selim Ghorayeb said.

Biologix will represent Orexigen for registration of local products and will handle the commercialization of the drug in all countries in the agreement, with Orexigen supplying Contrave to Biologix for a transfer price. Regulatory applications have been placed in Kuwait, Lebanon, Saudi Arabia and the United Arab Emirates, with availability expected in early 2018.

“With the addition of Egypt, we have successfully entered into partnerships covering 45 countries to support the worldwide commercialization of Contrave, and we are committed to leveraging our alliances management capabilities to help combat the global rise of obesity rates,” Thomas Cannell,  Orexigen’s president of Global Commercial Products, said.



Leave a Reply

Your email address will not be published.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

Related

Masoud Suleiman Musa Chairman of the Board of Directors National Oil Corporation

National Oil Corporation ensures smooth operations across all sites

The National Oil Corporation (NOC) has confirmed that all technical and operational activities at its oil fields and ports are functioning normally and safely.

SONATRACH: SONATRACH: an investment program of 40 billion dollars over five years

SONATRACH: SONATRACH: an investment program of 40 billion dollars over five years

The national hydrocarbons company, SONATRACH, intends to implement an investment plan of 40 billion dollars over five (05) years, of which 51% in Dinars, in particular through the start of production and the ramp-up of several deposits, SONATRACH CEO Toufik Hakkar said Thursday in a New Year message.

NATIONAL OIL CORPORATION: National Oil Corporation acquires Norwegian Yara’s 50% stake in Libyan-Norwegian For fertilizers company

NATIONAL OIL CORPORATION: National Oil Corporation acquires Norwegian Yara’s 50% stake in Libyan-Norwegian For fertilizers company

National Oil Corporation acquires Norwegian Yara’s 50% stake in Libyan-Norwegian For fertilizers company “With the grace of god whom we thank, on Thursday 31/12/2020, the National Oil Corporation acquired the 50% participation of Yara, the Norwegian company.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Maghreb News Wire.