Gilead Sciences (Foster City, CA) (GILD) Announces Licensing Agreements With Eight India-Based Companies For Manufacturing And Distribution Of Generic Versions Of Viread In The Developing World
9/25/2006 11:36:57 AM
FOSTER CITY, Calif.--(BUSINESS WIRE)--Sept. 22, 2006--Gilead Sciences, Inc. (Nasdaq:GILD) today announced that the company has signed eight new non-exclusive license agreements with generic companies in India. These licensing agreements grant to Alkem Laboratories Ltd., Aurobindo Pharma Ltd., FDC Ltd., J.B. Chemicals & Pharmaceuticals Ltd., Matrix Laboratories Ltd., Medchem International, Ranbaxy Laboratories and Shasun Chemicals & Drugs Ltd. the rights to produce and distribute generic versions of tenofovir disoproxil fumarate (tenofovir DF) to 95 low-income countries around the world, including India. Tenofovir DF is sold by Gilead under the brand name Viread(R).
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