
Partnership8 Sept 2026, 09:53 am
Novartis India Signs Exclusive Promotion Deal for Retina Portfolio
AI Summary
Novartis India Limited has entered into an Exclusive Promotion and Distribution Agreement with Novartis Healthcare Private Limited (NHPL) for its retina portfolio in India. The agreement, effective September 8, 2026, grants Novartis India the rights to exclusively promote and distribute NHPL's products Accentrix® (ranibizumab) and Pagenax® (brolucizumab). This strategic move marks Novartis India's entry into the ophthalmology therapy area and aims to expand its commercial offerings. The upfront consideration for this agreement is INR 10 Crores. The deal is structured to support the company's growth in a new therapeutic segment.
Key Highlights
- Novartis India enters exclusive promotion and distribution agreement for retina products.
- Agreement covers Accentrix® and Pagenax® for the Indian territory.
- Marks entry into the ophthalmology therapy area.
- Upfront consideration of INR 10 Crores payable to NHPL.
- Aims to expand the company's commercial portfolio.
Price Impact
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