Canadian drugmakers Labopharm and Paladin expand commercial relationship
Labopharm (TSX: DDS) and fellow Canada-headquartered Paladin Labs (TSX: PLB) have expanded their commercial relationship through three licensing and distribution agreements under which Paladin will distribute two of Labopharm's products in certain jurisdictions.
"Paladin has played a key role in the success of Tridural, our once-daily tramadol product in Canada, and we are pleased to expand our commercial relationship with licensing and distribution agreements for two additional products, including the first such agreement for a product based on our Intellitab technology platform for the development of misuse-deterrent and tamper-resistant formulations of existing medications," said James Howard-Tripp, president and chief executive of Labopharm.
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