Lee’s Pharmaceutical Finds U.S. Distribution Partner For Short-Acting Anesthetic

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by Richard Daverman, PhD

November 26, 2013 -- Lee’s Pharmaceutical Holdings, a China drugmaker, has found a partner to market its topical short-term anesthesia product in the US. Marathon Pharmaceuticals signed a 10-year exclusive US licensing agreement for Zingo® (lidocaine hydrochloride monohydrate) powder intradermal injection system. Zingo, with an onset of action of just one to three minutes, is used to allay the pain of a needlestick procedure. Usually, Lee’s is in the news for in-licensing products from the west; Zingo is its first product to be taken back to the US. More details....

Stock Symbol: (HK: 950)

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