Menarini Asia-Pacific Holdings has signed a multi-year licensing agreement with Orion Corporation for distribution and commercialization of Easyhaler DPI products in China, Hong Kong, Philippines, Malaysia, Indonesia, Thailand, Singapore, Vietnam, Taiwan, and South Korea, the companies said.
Menarini Asia-Pacific CEO Albert Lim commented, “Menarini is excited about this partnership with Orion in Asia-Pacific Region. Menarini has engaged in respiratory therapeutic area for many years, particularly asthma and COPD. It is one of the key areas of development for Menarini. Orion’s products will contribute strongly to the expansion of our respiratory portfolio.”
Orion Senior VP, Proprietary Products, Markku Huhta-Koivisto said, “We are delighted with this partnership opportunity with Menarini. As we in Orion have been investing long term on developing valuable know-how to develop world class products with our Easyhaler technology, we are very glad to enlarge our co-operation with Menarini to the new territory. We have already learned to appreciate highly Menarini capabilities as well as professional collaboration in EU.”
Read the Orion and Menarini press release.