SPARC and Sun Pharma form licensing agreement
Q. Sun Pharma Advanced Research Company and parent company Sun Pharma have entered into a licensing agreement for Elepsis tablets used in the treatment of which disease?- Published on 19 Jul 16a. Malaria
b. TB
c. Epilepsy
d. None of the above
ANSWER: Epilepsy
Sun Pharma Advanced Research Company and parent Sun Pharma have entered into a licensing agreement for Elepsia tablets used in the treatment of epilepsy in the US market for payment of USD 10 million.
- According to the agreement,SPARC will license Elepsia XRTM (Levetiracetam Extended Release Tablets) in a partnership with Sun Pharma.
- Elepsia XRTM was approved by USFDA in March 2015.