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Saturday, November 28 - 2009

Globalpharma adds to growing portfolio by securing marketing and distribution rights for allergy drug

  • United Arab Emirates: Monday, March 20 - 2006 at 13:09
  • PRESS RELEASE

Globalpharma today announced the finalisation and signing of an out-licensing and supply contract with Ethypharm, a leading French multinational drug delivery company, operating in India through its wholly owned subsidiary Ethypharm LL India, for the marketing and distribution of Cetirizine antihistamine tablets.

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Under the terms of the agreement, Ethypharm will be responsible for the development of the tablets, using its patented T-MaskŪ technology. This new formulation combines several benefits in terms of acceptability, accuracy of dosing and safety.

With this new technology, drugs are made easier to swallow and more pleasant to taste. As such, they are well suited to meeting the growing demand from both patients and health authorities for the provision of more convenient medicines. Globalpharma is responsible for the marketing and distribution of Cetirizine in the Gulf Cooperation Council markets, under their brand name.

Globalpharma Co. LLC is a leading joint venture Company in the UAE with majority shareholding from Dubai Investment PJC. "Globalpharma is discussing more deals with Ethypharm to cement Globalpharma's position as the premier pharmaceutical company servicing the GCC area," says Mr. Maged Amer, General Manger of Globalpharma.
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Notes and media contacts

Cetirizine is used to relieve symptoms of hay fever, seasonal allergy, and allergy to other substances, which include, runny nose, sneezing, and red, itchy, tearing eyes. It is also used to treat symptoms of hives, including itching and rash. Cetirizine is in a class of medications called antihistamines. It works by blocking histamine, a substance in the body that causes allergic symptoms.

About Globalpharma:
Globalpharma is a modern pharmaceutical manufacturing unit committed to offering international quality pharmaceutical products to the Middle East as well as global markets.

The Globalpharma site is built on a plot measuring approximately 27000 square meters in Dubai Investment Park, about 50 kms from the city centre. The factory has two separate manufacturing units, for Penicillin and Non-Penicillin products, with the utilities in a separate block. The manufacturing facility is capable of producing a wide range of products, in several dosage forms including tablets, capsules and dry syrups in the Penicillin block as well as tablets, capsules, liquid oral syrups and suspensions in the Non-Penicillin block.

Designed to meet international standards of cGMP, including those of G.C.C Ministries of Health, US Food and Drugs Administration (F.D.A) and UK Medicines Control Agency (MHRA), the manufacturing facilities are equipped and staffed with strict adherence to the highest quality standards across every process.

For more information, please contact:
Matt Pearman
ASDA'A - a public relations consultancy,
Tel: +9714-3344550,
Fax: +9714-3344556,
Email: info@asdaa.com

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