Daiichi Sankyo and Forest finalize Azor co-promotion deal
The US subsidiary of Japan's Daiichi Sankyo and Forest Laboratories say that they have signed a contract for a co-promotion agreement in the USA for the former's Azor, a fixed combination of two antihypertensives, the calcium channel blocker, amlodipine and the angiotensin receptor blocker, olmesartan medoxomil. The companies announced a signed letter of intent for the co-promotion agreement in August.
Daiichi Sankyo received Food and Drug Administration marketing approval for AZOR on September 26. As previously announced, Forest will make an upfront payment of $20.0 million to Daiichi Sankyo, which will be made in the current quarter.
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