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Lilly signs an Additional Voluntary Licensing Agreement on Baricitinib
By IANS |
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MSN Labs inks deal with Lilly to launch baricitinib. Image Source: IANS News
New Delhi, May 17 : Eli Lilly and Company announced on Monday that it has issued an additional royalty-free, non-exclusive voluntary license to Natco Pharma; a local pharmaceutical manufacturer of generic medicines.
Under the terms of the license, Natco will be collaborating with Lilly to further accelerate and expand the availability of baricitinib in India during this pandemic, improving the local treatment options available to people who are currently battling Covid-19 in India.
Lilly received permission for restricted emergency use by the Central Drugs Standard Control Organization (CDSCO), Ministry of Health, for baricitinib to be used in combination with remdesivir for the treatment of suspected or laboratory confirmed Covid-19 in hospitalized adults requiring supplemental oxygen, invasive mechani