
Indian drugmaker Cipla Limited (BSE: 500087) has entered into a strategic marketing and distribution agreement with US pharma major Eli Lilly (NYSE: LLY) to promote tirzepatide under the brand name Yurpeak in India.
Cipla’s shares closed down 3.7% at 1,584.60 rupees following the announcement on Friday.
Yurpeak, a multi-dose, single-patient-use prefilled pen, will be manufactured by Lilly and priced identically to Mounjaro, the original tirzepatide brand. Lilly will supply Yurpeak to Cipla, while Cipla will distribute and promote the brand across India.
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