Privately-held German drugmaker Grünenthal has acquired commercial rights to erectile dysfunction drug Cialis (tadalafil) in Mexico, Brazil and Colombia from US pharma major Eli Lilly (NYSE: LLY).
Over the next few years, the companies will work together to transfer the manufacturing to Grünenthal's production site in Santiago, Chile, that will supply Cialis for the three countries moving forward.
The financial terms of the transaction have not been disclosed.
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