Briefly explain the agreement between Venus Remedies tied up with Israel-based generic drug maker?
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Here are some of the highlights of this deal :-
1 Venus will assist Teva in enhancing the business from this drug in the Canadian market through its manufacturing capabilities.
2 Teva will use the infrastructure and regulatory competence of Venus for the commercialization of this anti-cancer product in the Canadian market
3 Venus Remedies would be manufacturing the anti- cancer drug at its research unit Venus Medicine Research Centre for assisting Teva in registrations.
4 This association will help Venus capture a sizeable market share for this product in the first year of the agreement.
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