-7.50 (-0.80%) Zydus Cadila and Gilead Sciences, Inc. have signed a non-exclusive licensing agreement which will allow the manufacture of sofosbuvir and the fixed-dose combination of ledipasvir/ sofosbuvir for distribution in 91 countries including India. The breakthrough oral therapy, SoviHep which will provide succour to more than 10 mn patients who suffer from Hepatitis C in India has been launched by the Zydus group. The therapy will be marketed by the specialty division of the group, Zydus Heptiza.
Hepatitis C is an infectious disease affecting primarily the liver, caused by the Hepatitis C Virus (HCV). It spreads primarily through blood-to-blood contact associated with poorly sterilized medical equipment, and transfusions. An estimated 150-200 million people worldwide are infected with hepatitis C.
Zydus Cadila is an innovative, global pharmaceutical company that discovers, develops, manufactures and markets a broad range of healthcare therapies. It is the only Indian pharma company to launch its own patented NCE - Lipaglyn, the world’s first drug to be approved for the treatment of diabetic dyslipidemia.