Tokyo, Japan, Oct 15, 2005 - (JCNN) - Alfresa Holdings and Novartis Pharma jointly announced on October 11 that they have agreed on the production and distribution of Anafranil, Novartis Pharma's proprietary antidepressant agent.
Under the agreement terms, Novartis Pharma will transfer the production and distribution to Alfresa Pharma, a group company of Alfresa Holdings, by January 2006. Until then, Novartis Pharma continues to manufacture and promote the agent.
With this move, Alfresa Pharma aims to concentrate its resources on central nervous system drugs while Novartis Pharma will focus more on its core business.
Source: JCN http://www.japancorp.net
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