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Zydus Cadila Ties Up With CHEMI To Introduce Enoxaparin Salt Injection In US Market

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Enoxaparin Salt injection is likewise utilized for the treatment of severe deep vein thrombosisZydus Pharmaceuticals, U.S.A., signed a license and supply arrangement with Italy's CHEMI MEDICAL SPA or CHEMI - a subsidiary of Italfarmaco Group, to introduce the Enoxaparin Sodium injection in the United States (United States).

The injection is normally given to clients undergoing stomach, knee or hip replacement surgery.

The item is a generic equivalent of Sanofi Aventis's branded product Lovenox, according to a regulatory filing by Cadila Health care to the stock exchanges today.

Zydus Pharma Inc, USA is an one hundred percent subsidiary of Cadila Healthcare Limited or Zydus Cadila.As part of the contract, CHEMI will manufacture and provide the Enoxaparin Salt injection which Zydus Cadila will advertise in the United States.

Utilising their proprietary technology, CHEMI will produce the Enoxaparin Sodium injection within the exclusive manufacturing centers positioned in Italy.The leading specialty pharmaceutical company owns the exclusive rights on a pharmaceutical product made up of preservative-free Enoxaparin Salt single-use pre-filled syringes, according to the statement.The Enoxaparin Salt injection is used for the treatment of deep vein apoplexy or DVT in patients going through stomach, hip, or knee replacement surgery.

The injection is also offered for the treatment of acute DVT.

Enoxaparin serves as a blood thinner by producing an antithrombotic result, added Cadila Healthcare in its declaration.

The injection had annual sales of around $513 million in the United States, according to IQVIA information as of June 2021.

On Friday, August 20, shares of Cadila Healthcare were last trading 1.43 per cent lower at Rs 534.95 on the BSE.

Cadila Healthcare opened on the BSE at Rs 540, inching to an intra day high of Rs 547.85 and an intra day low of Rs 522, in the session up until now.




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