Ferozsons Laboratories Limited (Ferozsons), a Pakistani pharmaceutical company, has entered into a non-exclusive voluntary license agreement with Gilead Sciences Ireland UC, a US-based biopharmaceutical company, for the manufacture and sale of licensed generic lenacapavir. The listed company shared the development in a notice to the Pakistan Stock Exchange (PSX) on Thursday.
Ferozsons informed that it is one of six global partners to have signed a voluntary license agreement with Gilead to produce high-quality generic of lenacapavir.
“Lenacapavir is approved by US FDA [Food and Drug Administration] for infection caused by the human immunodeficiency virus (HIV) for heavily treatment-experienced patients (HTE), and is being investigated for use in HIV prevention,” said the company.
The agreement covers lenacapavir for HIV prevention (pending approval), in addition to the approved indication of HIV treatment in heavily treatment-experienced (HTE) adults with multi-drug resistant HIV.
The use of lenacapavir for HIV prevention is investigational and the safety and efficacy of lenacapavir for this use have not been established, said the company.
“Under this non-exclusive license, Ferozsons or its affiliates can manufacture and sell, subject to required regulatory approvals, its licensed generic of Gilead proprietary compound Lenacapavir in 120 (one hundred twenty) primarily low and lower- middle-income countries.
Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan has lauded his party's supporters in Islamabad and D-Chowk,…
Pakistan and Belarus on Tuesday agreed on the early realization of bilateral accords to enhance…
The death toll from the recent violence that has plagued the Khyber Pakhtunkhwa's Kurram district…
Security forces have thwarted an infiltration attempt by the Tehreek-e-Taliban Pakistan (TTP) terrorists on Pakistan-Afghanistan…
There's no denying the significance of the agriculture sector to Pakistan's economic growth and food…
Leave a Comment