Significant Break Through in International Marketing

News

Dragon Pharmaceuticals Inc. has recently signed licensing agreements with three overseas pharmaceutical companies, gaining the Company a foothold in both Latin America and Southeast Asia.

In August the company signed a license and distribution agreement with Duopharma (M) SDN BHD, of Malaysia, granting Duopharma rights to market the Company¡¦s flagship recombinant Erythropoietin for injection (epoetin-alfa) in the ASEAN member nations of Brunei, Myanmar, Thailand, Malaysia, Laos, Thailand, The Philippines, Vietnam, Cambodia, and Indonesia.

The Company has concluded negotiations that led to the signing of a license and distribution agreement with Itaca Laboratories, Ltd., of Brazil. The agreement gives Itaca the rights to market and distribute the Company¡¦s epoetin-alfa within the MERCOSUR economic pact member nations of Brazil, Argentina, Paraguay, Chile, Uruguay, and the Dominican Republic.

Both Duopharma and Itaca are regional pharmaceutical companies, with aggressive marketing and sales strategies and networks of clinical representation. These companies also carry product lines that compliment Dragon¡¦s EPO and drugs under development. The Latin American and Southeast Asian markets represent potential for Dragon, as the exorbitant cost of biotech medications has prevented the majority of patients from benefiting from Erythropoietin therapy.

The company has also successfully finished negotiations with Yoo & Yoo BioTech Co. Ltd., of South Korea, leading to an agreement for Yoo & Yoo to import, market, and distribute the Company¡¦s products in South and North Korea. Yoo & Yoo was founded by Dr. Tae-Aun Yoo two years ago, and is among the very first Korean company to focus solely on the formation of biotech business. Dr. Yoo has more than 20 years experience in the pharmaceutical industry, and formed Yoo & Yoo after leaving his post as head of regulatory affairs at Korea¡¦s Boryung Biopharma.

Dragon Pharma Reviews

Dragon Pharma is producing a large range of steroids Buy TriTren 150 Online.

No Tags

1412 total views, 1 today

Popular
Comments
Tags

Dragon Ships EPO Internationally

Dragon Pharmaceuticals Inc. (NASDAQ OTC: DRUG) today announced that it has filled orders for recombinant erythropoietin (EPO) from Egypt, India and Peru where, in addition to China, the Company’s EPO is approved for use in the treatment of anemia related to chronic renal failure. All dollar amounts are stated in US dollars. “Penetrating new markets […]
Dragon Pharmaceutical Inc. Announces 2002 Fourth Quarter and Full Year Results

Dragon Pharmaceutical Inc. (TSX: DDD; OTC BB: DRUG) today announced results for the three-month and twelve-month periods ending December 31, 2002. 2002 Highlights Generated revenues of $7.36 million, representing significant growth from $3.07 million in 2001. Enhancement of gross margin in 2002 to 86.7% from 81% in 2001. Reported a first ever operating profit of […]
Dragon Announces Participation at Biopartnering Europe 2001

Dragon Pharmaceuticals Inc. (OTC BB – DRUG.OB) is pleased to announce that it has been invited to present at the BioPartnering Europe 2001 conference to be held at the Queen Elizabeth II Conference Centre in London, England from October 14th to 16th, 2001. BioPartnering Europe is the premier European venue for showcasing innovative biopharmaceutical and […]
Dragon Launches EPO Into the Brazilian Market

Dragon Pharmaceuticals Inc. (OTC BB: DRUG; TSX: DDD) today announced that it has shipped an order of recombinant erythropoietin (“EPO? to Itaca Laboratorios Ltda., (“Itaca” of Brazil. Itaca, a distribution partner of the company, has won a 3.1 million Brazilian Real tender for Dragon’s EPO in the Brazilian state of Minas, Gerais, which converts to […]
Dragon Signs Licensing Agreement for Korea

Dragon Pharmaceuticals Inc. (OTCBB – DRUG.OB) today announced that it has entered into a marketing and licensing agreement with Boryung Biopharma Company, Ltd. of Seoul, Korea for the distribution of recombinant Erythropoietin (EPO) in North and South Korea. According to the agreement, Boryung Biopharma will also be responsible for obtaining marketing for EPO from the […]