Mylan to collaborate on worldwide generic Copaxone distribution
US generic drug major Mylan has signed a license and supply agreement with NATCO Pharma for its glatiramer acetate pre-filled syringes, a generic version of Israel-based Teva's Copaxone, which is used to treat multiple sclerosis. The deal grants Mylan exclusive distribution rights in the USA and all major markets in Europe, Australia, New Zealand, Japan and Canada and includes an option to expand into additional territories.
NATCO has commercialized successfully its glatiramer acetate product in India and the Ukraine. Teva has reported that worldwide sales of Copaxone were more than $1.7 billion in 2007.
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