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Luye Pharma Grants Exclusive Promotion Rights to Moksha8, Deepening Strategic Presence in Latin America for CNS Business

Increasing accessibility of Seroquel® and Seroquel XR® in Brazil and Mexico

May 14th, 2020

 

Luye Pharma Group today announced that it has entered into an exclusive promotion agreement with Moksha8 Brasil Distribuidora e Representação de Medicamentos Ltda. and Moksha8 Farmacéutica, S. de R.L. de C.V., two subsidiaries of Moksha8 Pharmaceuticals (Moksha8), granting exclusive promotion rights to Moksha8 in Brazil and Mexico, for the two central nervous system (CNS) drugs: Seroquel® and Seroquel XR®. Brazil and Mexico are the two largest economies in Latin America; meanwhile the region is one of the high potential emerging markets identified as offering solid opportunities for Luye Pharma to deepen its global presence in the CNS business.

 

Seroquel® (quetiapine fumarate, immediate release) and Seroquel XR® (extended release formulation) are atypical anti-psychotic (AAP) medicines with antidepressant properties. The main indications for Seroquel® are the treatment of schizophrenia and bipolar disorder. Seroquel XR® is also approved in some markets for major depressive disorder and generalized anxiety disorder.

 

Luye Pharma is eager to further develop its strengths in key therapeutic areas, including CNS and oncology, bolstering a competitive portfolio in major international markets to improve capacity for global business operations, and to explore added growth potential. Latin America is one of the emerging markets which Luye Pharma regards as holding promising development prospects. Opportunities for pharmaceutical industry growth in this region are widely recognized.

 

According to IQVIA, the market size of Latin America's pharmaceutical industry is projected to grow from $55 billion in 2018 to $76 billion in 2023 with a Compound Annual Growth Rate of 7%. Brazil and Mexico are the two largest countries in Latin America, accounting for 70% of the region's pharmaceutical market, seeing year-on-year growth rates of 9.3% and 8.4%, respectively in 2019. Also worthy of mention is that CNS drugs occupy a considerable portion of the pharmaceutical market in Latin America, accounting for $4.5 billion in 2019.

 

With Moksha8's wealth of experience in promoting CNS drugs in Brazil and Mexico, Luye Pharma believes that its powerful business network and resources in the two countries will lead to strong growth for Seroquel® and Seroquel XR®. Based on existing mature commercial resources, the partnership will also enable many more of Luye Pharma's new CNS drugs to enter Latin America in the future, accelerating the commercialization of these drugs in the local markets and making them more accessible to local patients.

 

Currently, Luye Pharma has and continues to build a strong pipeline of CNS drugs covering multiple treatment indications, including depression, Parkinson's disease, schizophrenia, bipolar disorder, Alzheimer's disease, and others, with a number of investigational drugs already in the late clinical trials and NDA phase in the U.S., Europe, Japan and other major global markets. In addition, the company also boasts a number of established products in this field, with business covering over 80 countries and regions, including major pharmaceutical markets such as China, the U.S., Europe, and Japan, as well as many fast-growing emerging international markets. Luye Pharma is determined to build a competitive CNS portfolio together with the upcoming pipeline drugs, generating synergy which will help to accelerate the company's pace of expansion in this therapeutic field.

 

About Luye Pharma Group

Luye Pharma Group is an international pharmaceutical company dedicated to the R&D, manufacturing and sale of innovative medications. The company has established R&D centers in China, the U.S. and Europe, with a robust pipeline of over 40 drug candidates in China and more than 10 drug candidates in other international markets. Along with a number of new drugs and formulations in the central nervous system and oncology therapeutic areas currently under study in the U.S., Europe and Japan, Luye Pharma has reached high-level international standards in novel drug delivery technologies including microspheres, liposomes, and transdermal drug delivery systems, as well as actively making strategic developments in the fields of biological antibodies, cell therapies and gene therapies, among others.

 

Luye Pharma is developing a global supply chain of 8 manufacturing sites with over 30 production lines in total, establishing GMP quality management and international standard control systems. With more than 30 products covering the central nervous system, oncology, cardiovascular, metabolism and other therapeutic areas, business is conducted in over 80 countries and regions around the world, including the largest pharmaceutical markets - China, the U.S., Europe and Japan, as well as in fast growing emerging markets.

 

For more information, please visit: www.luye.cn/lvye_en

 

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moksha8 Mexico will commercialize Duaklir and Eklira, the Astra Zeneca treatments indicated for Chronic Obstructive Pulmonary Disease

December 11th 2018

 

moksha8 Mexico and Astra Zeneca, a leading pharmaceutical company in respiratory therapies, have signed an agreement under which moksha8 Mexico will assume responsibility for promoting and distributing Duaklir and Eklira (aclidinium bromide/formoterol fumarate dihydrate 400/12 μg) in the Mexican territory. Duaklir and Eklira are indicated for the treatment of airflow obstruction in patients with chronic obstructive pulmonary disease (COPD), including chronic bronchitis and/or emphysema.

 

COPD is a progressive disease associated mainly with tobacco smoking, air pollution or occupational exposure, which can cause obstruction of airflow in the lungs resulting in debilitating bouts of breathlessness. It affects an estimated 300 million people worldwide and is predicted to be the third leading cause of death by 2030*.

 

The PLATINO study described the epidemiology of COPD in five major Latin American cities. This population-based study reported crude prevalence rates of COPD of 7.8% in Mexico City**.

 

Approximately 90 per cent of COPD patients experience symptoms such as breathlessness and coughing during at least one part of the day and Eklira /Duaklir provides patients with a safe, effective way to improve breathlessness and lung function to these patients.

 

Joel Barlan, moksha8 CEO said: “This strategic partnership will strengthen our pharmaceutical business, accelerating the build of our pipeline and our presence in the respiratory area. Also, we are pleased to continue providing such excellent products for all COPD patients in Mexico.”

 

This agreement represents an immediate opportunity for moksha 8 to build its respiratory portfolio and presence, and these products will add new revenue growth.

*World Health Organization. Burden of COPD.

**Chronic obstructive pulmonary disease in five Latin American cities (the PLATINO study): a prevalence study. Lancet 2005; 366: 1875–1881

 

 

Montreux Partners Portfolio Company Moksha8 Announces The Appointment Of Mariano Garcia-Valiño To Its Board Of Directors

Berwin, Pennsylvania, USA, December 10th 2018

 

moksha8, a specialty pharmaceutical company, announces the appointment of Mariano Garcia-Valiño as a Board Member and Chairman of its Compensation and Business Development Committees.

 

Mariano has been active at the intersection of healthcare, deal-making and entrepreneurship for over 25 years, experiencing the space from many different angles, be it by building and operating companies, leading M&A and licensing transactions, working for some of the premier players in the business or managing investments for professional equity firms.

 

Recently, Mariano stepped down as CEO of Biotoscana Investments (BR:GBIO33), a company he architected, launched and took public in a transaction that was the largest healthcare IPO in the Americas in 2017 and the region’s first cross-border IPO in a decade.   Under his leadership, the company acquired, merged and transformed several local pharmaceutical players into a streamlined 10-country leading specialty player and closed licensing deals for over 40 novel compounds with some of the premier players in the world.

 

“We are very excited to have Mariano join our Board”, said Daniel K. Turner III, Founding Partner of Montreux.  “He brings invaluable experience in building Latin-American platforms and a unique track record in licensing and M&A. We believe he will be instrumental in taking Moksha8 to the next level”.

 

“I am very excited to work with the team at Montreux and Moksha8, whom I have known for several years and with whom we share a passion for building great businesses”, said Mr. Garcia-Valiño.   “Mariano is joining at a pivotal time”, added Joel Barlan, CEO of Moksha8.  “The company is leaving its start-up phase and prepared for accelerated development.   We believe Moksha8 will benefit highly from his experience”.

 

Mr. Garcia-Valiño holds an Engineering degree from Universidad de Buenos Aires and an MBA from the Harvard Business School.  He is based in Montevideo, Uruguay.

 

moksha8 Pharmaceuticals and CheplaPharm completed a strategic partnership to distribute Questran in Mexico and Brazil

October 31st, 2018

 

moksha8 Pharmaceuticals and the Germany Laboratory, CHEPLAPHARM Arzneimittel GmbH, have signed an agreement in which moksha8 will commercialize and promote Questran in Mexico and Brazil.

 

Questran (Cholestyramine) is indicated as adjunctive therapy to diet for the reduction of elevated serum cholesterol in patients with primary hypercholesterolemia (elevated low-density lipoprotein [LDL] cholesterol).

 

High level of cholesterol increases the risks of heart disease and stroke. Globally, a third of ischaemic heart disease is attributable to high cholesterol.  Overall, hypercholesterolemia is estimated to cause 2.6 million deaths. Prevalence High cholesterol among adults is 39% worldwide (37% for males and 40% for females) the highest prevalence according to WHO is Europe (54% for both sexes), followed by the Americas (48% for both sexes).

 

In Latin America, lipid abnormalities have a high prevalence and this is related to multiple causes: genetic load and epigenetic modifications combined with a sedentary lifestyle and an inadequate nutrition*.

 

Questran (Cholestyramine) has proven if is used along with a proper diet to lower cholesterol in the blood. Lowering cholesterol helps decrease the risk for strokes and heart attacks.

 

moksha8 and CheplaPharm have an established great partnership since last year with the distribution agreement for Dilatrend in Mexico and, due to the positive results achieved, the companies decided to expand their commercial relationship in the South American country.

 

With this agreement, moksha8 Pharmaceuticals continues with its global diversification strategy and is increasing its cardiology portfolio. In Mexico, Questran is the second product in the cardiology line and in the case of Brazil, Questran will be the therapy with which the subsidiary will enter into the therapeutic area.

 

moksha8 is committed to work hard to maximize the product value of Questran and further contribute to hypercholesterolemia treatments in the LA region.

 

 

* World Health Organization/cholesterol, 2011

 

 

moksha8 Brazil announces a strategic alliance with HRA Pharma to commercialize Lysodren as the first step to build an Oncology line in this Market

March 26th, 2018

 

moksha8 Brazil has entered into a Promotion and Distribution Agreement with HRA Pharma to commercialize Lysodren in Brazil as the first step to build an Oncology line in this country. Lysodren (mitotane tablets) is an oral chemotherapeutic agent indicated for the treatment of inoperable, functional or nonfunctional, adrenal cortical carcinoma and until now the only product available in the market for this type of cancer.

 

Adrenocortical carcinoma (ACC) is a rare and aggressive tumor which peaks in incidence during the first and fifth decades of life. ACC has an estimated worldwide annual incidence of 2 cases per million overall. The highest reported annual incidence of pediatric ACC in the world occurs in Southern Brazil (3.4 per million) and is 10-15-fold higher compared to the United States (U.S.), where the annual incidence of pediatric ACC is 0.2-0.3 cases per million*.

 

With this alliance and the new addition to its portfolio, moksha8 expects higher revenue growth and this expansion into the Oncology therapeutic area allows it to achieve a greater presence in the markets in which it operates.

 

The deal is also relevant for moksha8 because with it, the company continues its philosophy to bring innovative treatments to improving the health and quality of life to patients around the world, especially with rare and aggressive disease as adrenal cortical carcinoma.

 

HRA Pharm, a fast growing, innovative healthcare company with headquarters in Paris, France, affirmed that this partnership allows them to expand the international reach of its Endocrinology and Rare Disease Division in different markets such as Europe, United States, Canada, Brazil and South Korea and strengthens its position as a key player in Adrenal Cortical Carcinoma.

 

The companies expect strong results and a possible expansion of the relationship in the South America Country.

 

 

*Adrenocortical Carcinoma in Adults and Children: A Population-Based Outcomes Study involving 1,623 Patients from the Surveillance, Epidemiology, and End Result (SEER) Database (1973-2012)

Remedy Publications LLC   Published 06 May, 2016

 

 

moksha8 Pharmaceuticals and Daewoong Pharmaceuticals sign exclusive licensing agreement to commercialize Nabota (botulinum toxin) in Brazil

January 29, 2018

 

moksha8 Pharmaceuticals, announced today that it has entered into an exclusive licensing agreement with Daewoong Pharmaceuticals to commercialize botulinum toxin product Nabota in Brazil, the largest economy in Latin America.

 

“We are honored to be partnering with Daewoong Pharmaceuticals, one of the leading research- based companies in the world, in order to help expand the usage of Nabota in Latin America", said Joel Barlan.

 

Under the new agreement, moksha8 will be responsible for marketing authorizations, market access, commercialization, distribution throughout Brazil.

 

moksha8 Brazil will adopt a two-track marketing strategy for Nabota, the company will be in charge of Nabota applied to medical conditions while cosmetic use will be taken care of by GC Aesthetic Brazil, the leading pure play female Aesthetic company.

moksha8 Mexico will commercialize Duaklir and Eklira, the Astra Zeneca treatments indicated for Chronic Obstructive Pulmonary Disease

December 11th 2018

 

moksha8 Mexico and Astra Zeneca, a leading pharmaceutical company in respiratory therapies, have signed an agreement under which moksha8 Mexico will assume responsibility for promoting and distributing Duaklir and Eklira (aclidinium bromide/formoterol fumarate dihydrate 400/12 μg) in the Mexican territory. Duaklir and Eklira are indicated for the treatment of airflow obstruction in patients with chronic obstructive pulmonary disease (COPD), including chronic bronchitis and/or emphysema.

 

COPD is a progressive disease associated mainly with tobacco smoking, air pollution or occupational exposure, which can cause obstruction of airflow in the lungs resulting in debilitating bouts of breathlessness. It affects an estimated 300 million people worldwide and is predicted to be the third leading cause of death by 2030*.

 

The PLATINO study described the epidemiology of COPD in five major Latin American cities. This population-based study reported crude prevalence rates of COPD of 7.8% in Mexico City**.

 

Approximately 90 per cent of COPD patients experience symptoms such as breathlessness and coughing during at least one part of the day and Eklira /Duaklir provides patients with a safe, effective way to improve breathlessness and lung function to these patients.

 

Joel Barlan, moksha8 CEO said: “This strategic partnership will strengthen our pharmaceutical business, accelerating the build of our pipeline and our presence in the respiratory area. Also, we are pleased to continue providing such excellent products for all COPD patients in Mexico.”

 

This agreement represents an immediate opportunity for moksha 8 to build its respiratory portfolio and presence, and these products will add new revenue growth.

*World Health Organization. Burden of COPD.

**Chronic obstructive pulmonary disease in five Latin American cities (the PLATINO study): a prevalence study. Lancet 2005; 366: 1875–1881

 

 

Montreux Partners Portfolio Company Moksha8 Announces The Appointment Of Mariano Garcia-Valiño To Its Board Of Directors

Berwin, Pennsylvania, USA, December 10th 2018

 

moksha8, a specialty pharmaceutical company, announces the appointment of Mariano Garcia-Valiño as a Board Member and Chairman of its Compensation and Business Development Committees.

 

Mariano has been active at the intersection of healthcare, deal-making and entrepreneurship for over 25 years, experiencing the space from many different angles, be it by building and operating companies, leading M&A and licensing transactions, working for some of the premier players in the business or managing investments for professional equity firms.

 

Recently, Mariano stepped down as CEO of Biotoscana Investments (BR:GBIO33), a company he architected, launched and took public in a transaction that was the largest healthcare IPO in the Americas in 2017 and the region’s first cross-border IPO in a decade.   Under his leadership, the company acquired, merged and transformed several local pharmaceutical players into a streamlined 10-country leading specialty player and closed licensing deals for over 40 novel compounds with some of the premier players in the world.

 

“We are very excited to have Mariano join our Board”, said Daniel K. Turner III, Founding Partner of Montreux.  “He brings invaluable experience in building Latin-American platforms and a unique track record in licensing and M&A. We believe he will be instrumental in taking Moksha8 to the next level”.

 

“I am very excited to work with the team at Montreux and Moksha8, whom I have known for several years and with whom we share a passion for building great businesses”, said Mr. Garcia-Valiño.   “Mariano is joining at a pivotal time”, added Joel Barlan, CEO of Moksha8.  “The company is leaving its start-up phase and prepared for accelerated development.   We believe Moksha8 will benefit highly from his experience”.

 

Mr. Garcia-Valiño holds an Engineering degree from Universidad de Buenos Aires and an MBA from the Harvard Business School.  He is based in Montevideo, Uruguay.

 

moksha8 Pharmaceuticals and CheplaPharm completed a strategic partnership to distribute Questran in Mexico and Brazil

October 31st, 2018

 

moksha8 Pharmaceuticals and the Germany Laboratory, CHEPLAPHARM Arzneimittel GmbH, have signed an agreement in which moksha8 will commercialize and promote Questran in Mexico and Brazil.

 

Questran (Cholestyramine) is indicated as adjunctive therapy to diet for the reduction of elevated serum cholesterol in patients with primary hypercholesterolemia (elevated low-density lipoprotein [LDL] cholesterol).

 

High level of cholesterol increases the risks of heart disease and stroke. Globally, a third of ischaemic heart disease is attributable to high cholesterol.  Overall, hypercholesterolemia is estimated to cause 2.6 million deaths. Prevalence High cholesterol among adults is 39% worldwide (37% for males and 40% for females) the highest prevalence according to WHO is Europe (54% for both sexes), followed by the Americas (48% for both sexes).

 

In Latin America, lipid abnormalities have a high prevalence and this is related to multiple causes: genetic load and epigenetic modifications combined with a sedentary lifestyle and an inadequate nutrition*.

 

Questran (Cholestyramine) has proven if is used along with a proper diet to lower cholesterol in the blood. Lowering cholesterol helps decrease the risk for strokes and heart attacks.

 

moksha8 and CheplaPharm have an established great partnership since last year with the distribution agreement for Dilatrend in Mexico and, due to the positive results achieved, the companies decided to expand their commercial relationship in the South American country.

 

With this agreement, moksha8 Pharmaceuticals continues with its global diversification strategy and is increasing its cardiology portfolio. In Mexico, Questran is the second product in the cardiology line and in the case of Brazil, Questran will be the therapy with which the subsidiary will enter into the therapeutic area.

 

moksha8 is committed to work hard to maximize the product value of Questran and further contribute to hypercholesterolemia treatments in the LA region.

 

 

* World Health Organization/cholesterol, 2011

 

 

moksha8 Brazil announces a strategic alliance with HRA Pharma to commercialize Lysodren as the first step to build an Oncology line in this Market

March 26th, 2018

 

moksha8 Brazil has entered into a Promotion and Distribution Agreement with HRA Pharma to commercialize Lysodren in Brazil as the first step to build an Oncology line in this country. Lysodren (mitotane tablets) is an oral chemotherapeutic agent indicated for the treatment of inoperable, functional or nonfunctional, adrenal cortical carcinoma and until now the only product available in the market for this type of cancer.

 

Adrenocortical carcinoma (ACC) is a rare and aggressive tumor which peaks in incidence during the first and fifth decades of life. ACC has an estimated worldwide annual incidence of 2 cases per million overall. The highest reported annual incidence of pediatric ACC in the world occurs in Southern Brazil (3.4 per million) and is 10-15-fold higher compared to the United States (U.S.), where the annual incidence of pediatric ACC is 0.2-0.3 cases per million*.

 

With this alliance and the new addition to its portfolio, moksha8 expects higher revenue growth and this expansion into the Oncology therapeutic area allows it to achieve a greater presence in the markets in which it operates.

 

The deal is also relevant for moksha8 because with it, the company continues its philosophy to bring innovative treatments to improving the health and quality of life to patients around the world, especially with rare and aggressive disease as adrenal cortical carcinoma.

 

HRA Pharm, a fast growing, innovative healthcare company with headquarters in Paris, France, affirmed that this partnership allows them to expand the international reach of its Endocrinology and Rare Disease Division in different markets such as Europe, United States, Canada, Brazil and South Korea and strengthens its position as a key player in Adrenal Cortical Carcinoma.

 

The companies expect strong results and a possible expansion of the relationship in the South America Country.

 

 

*Adrenocortical Carcinoma in Adults and Children: A Population-Based Outcomes Study involving 1,623 Patients from the Surveillance, Epidemiology, and End Result (SEER) Database (1973-2012)

Remedy Publications LLC   Published 06 May, 2016

 

 

moksha8 Pharmaceuticals and Daewoong Pharmaceuticals sign exclusive licensing agreement to commercialize Nabota (botulinum toxin) in Brazil

January 29, 2018

 

moksha8 Pharmaceuticals, announced today that it has entered into an exclusive licensing agreement with Daewoong Pharmaceuticals to commercialize botulinum toxin product Nabota in Brazil, the largest economy in Latin America.

 

“We are honored to be partnering with Daewoong Pharmaceuticals, one of the leading research- based companies in the world, in order to help expand the usage of Nabota in Latin America", said Joel Barlan.

 

Under the new agreement, moksha8 will be responsible for marketing authorizations, market access, commercialization, distribution throughout Brazil.

 

moksha8 Brazil will adopt a two-track marketing strategy for Nabota, the company will be in charge of Nabota applied to medical conditions while cosmetic use will be taken care of by GC Aesthetic Brazil, the leading pure play female Aesthetic company.

moksha8 Mexico will commercialize Duaklir and Eklira, the Astra Zeneca treatments indicated for Chronic Obstructive Pulmonary Disease

December 11th 2018

 

moksha8 Mexico and Astra Zeneca, a leading pharmaceutical company in respiratory therapies, have signed an agreement under which moksha8 Mexico will assume responsibility for promoting and distributing Duaklir and Eklira (aclidinium bromide/formoterol fumarate dihydrate 400/12 μg) in the Mexican territory. Duaklir and Eklira are indicated for the treatment of airflow obstruction in patients with chronic obstructive pulmonary disease (COPD), including chronic bronchitis and/or emphysema.

 

COPD is a progressive disease associated mainly with tobacco smoking, air pollution or occupational exposure, which can cause obstruction of airflow in the lungs resulting in debilitating bouts of breathlessness. It affects an estimated 300 million people worldwide and is predicted to be the third leading cause of death by 2030*.

 

The PLATINO study described the epidemiology of COPD in five major Latin American cities. This population-based study reported crude prevalence rates of COPD of 7.8% in Mexico City**.

 

Approximately 90 per cent of COPD patients experience symptoms such as breathlessness and coughing during at least one part of the day and Eklira /Duaklir provides patients with a safe, effective way to improve breathlessness and lung function to these patients.

 

Joel Barlan, moksha8 CEO said: “This strategic partnership will strengthen our pharmaceutical business, accelerating the build of our pipeline and our presence in the respiratory area. Also, we are pleased to continue providing such excellent products for all COPD patients in Mexico.”

 

This agreement represents an immediate opportunity for moksha 8 to build its respiratory portfolio and presence, and these products will add new revenue growth.

*World Health Organization. Burden of COPD.

**Chronic obstructive pulmonary disease in five Latin American cities (the PLATINO study): a prevalence study. Lancet 2005; 366: 1875–1881

 

 

Montreux Partners Portfolio Company Moksha8 Announces The Appointment Of Mariano Garcia-Valiño To Its Board Of Directors

Berwin, Pennsylvania, USA, December 10th 2018

 

moksha8, a specialty pharmaceutical company, announces the appointment of Mariano Garcia-Valiño as a Board Member and Chairman of its Compensation and Business Development Committees.

 

Mariano has been active at the intersection of healthcare, deal-making and entrepreneurship for over 25 years, experiencing the space from many different angles, be it by building and operating companies, leading M&A and licensing transactions, working for some of the premier players in the business or managing investments for professional equity firms.

 

Recently, Mariano stepped down as CEO of Biotoscana Investments (BR:GBIO33), a company he architected, launched and took public in a transaction that was the largest healthcare IPO in the Americas in 2017 and the region’s first cross-border IPO in a decade.   Under his leadership, the company acquired, merged and transformed several local pharmaceutical players into a streamlined 10-country leading specialty player and closed licensing deals for over 40 novel compounds with some of the premier players in the world.

 

“We are very excited to have Mariano join our Board”, said Daniel K. Turner III, Founding Partner of Montreux.  “He brings invaluable experience in building Latin-American platforms and a unique track record in licensing and M&A. We believe he will be instrumental in taking Moksha8 to the next level”.

 

“I am very excited to work with the team at Montreux and Moksha8, whom I have known for several years and with whom we share a passion for building great businesses”, said Mr. Garcia-Valiño.   “Mariano is joining at a pivotal time”, added Joel Barlan, CEO of Moksha8.  “The company is leaving its start-up phase and prepared for accelerated development.   We believe Moksha8 will benefit highly from his experience”.

 

Mr. Garcia-Valiño holds an Engineering degree from Universidad de Buenos Aires and an MBA from the Harvard Business School.  He is based in Montevideo, Uruguay.

 

moksha8 Pharmaceuticals and CheplaPharm completed a strategic partnership to distribute Questran in Mexico and Brazil

October 31st, 2018

 

moksha8 Pharmaceuticals and the Germany Laboratory, CHEPLAPHARM Arzneimittel GmbH, have signed an agreement in which moksha8 will commercialize and promote Questran in Mexico and Brazil.

 

Questran (Cholestyramine) is indicated as adjunctive therapy to diet for the reduction of elevated serum cholesterol in patients with primary hypercholesterolemia (elevated low-density lipoprotein [LDL] cholesterol).

 

High level of cholesterol increases the risks of heart disease and stroke. Globally, a third of ischaemic heart disease is attributable to high cholesterol.  Overall, hypercholesterolemia is estimated to cause 2.6 million deaths. Prevalence High cholesterol among adults is 39% worldwide (37% for males and 40% for females) the highest prevalence according to WHO is Europe (54% for both sexes), followed by the Americas (48% for both sexes).

 

In Latin America, lipid abnormalities have a high prevalence and this is related to multiple causes: genetic load and epigenetic modifications combined with a sedentary lifestyle and an inadequate nutrition*.

 

Questran (Cholestyramine) has proven if is used along with a proper diet to lower cholesterol in the blood. Lowering cholesterol helps decrease the risk for strokes and heart attacks.

 

moksha8 and CheplaPharm have an established great partnership since last year with the distribution agreement for Dilatrend in Mexico and, due to the positive results achieved, the companies decided to expand their commercial relationship in the South American country.

 

With this agreement, moksha8 Pharmaceuticals continues with its global diversification strategy and is increasing its cardiology portfolio. In Mexico, Questran is the second product in the cardiology line and in the case of Brazil, Questran will be the therapy with which the subsidiary will enter into the therapeutic area.

 

moksha8 is committed to work hard to maximize the product value of Questran and further contribute to hypercholesterolemia treatments in the LA region.

 

 

* World Health Organization/cholesterol, 2011

 

 

moksha8 Brazil announces a strategic alliance with HRA Pharma to commercialize Lysodren as the first step to build an Oncology line in this Market

March 26th, 2018

 

moksha8 Brazil has entered into a Promotion and Distribution Agreement with HRA Pharma to commercialize Lysodren in Brazil as the first step to build an Oncology line in this country. Lysodren (mitotane tablets) is an oral chemotherapeutic agent indicated for the treatment of inoperable, functional or nonfunctional, adrenal cortical carcinoma and until now the only product available in the market for this type of cancer.

 

Adrenocortical carcinoma (ACC) is a rare and aggressive tumor which peaks in incidence during the first and fifth decades of life. ACC has an estimated worldwide annual incidence of 2 cases per million overall. The highest reported annual incidence of pediatric ACC in the world occurs in Southern Brazil (3.4 per million) and is 10-15-fold higher compared to the United States (U.S.), where the annual incidence of pediatric ACC is 0.2-0.3 cases per million*.

 

With this alliance and the new addition to its portfolio, moksha8 expects higher revenue growth and this expansion into the Oncology therapeutic area allows it to achieve a greater presence in the markets in which it operates.

 

The deal is also relevant for moksha8 because with it, the company continues its philosophy to bring innovative treatments to improving the health and quality of life to patients around the world, especially with rare and aggressive disease as adrenal cortical carcinoma.

 

HRA Pharm, a fast growing, innovative healthcare company with headquarters in Paris, France, affirmed that this partnership allows them to expand the international reach of its Endocrinology and Rare Disease Division in different markets such as Europe, United States, Canada, Brazil and South Korea and strengthens its position as a key player in Adrenal Cortical Carcinoma.

 

The companies expect strong results and a possible expansion of the relationship in the South America Country.

 

 

*Adrenocortical Carcinoma in Adults and Children: A Population-Based Outcomes Study involving 1,623 Patients from the Surveillance, Epidemiology, and End Result (SEER) Database (1973-2012)

Remedy Publications LLC   Published 06 May, 2016

 

 

moksha8 Pharmaceuticals and Daewoong Pharmaceuticals sign exclusive licensing agreement to commercialize Nabota (botulinum toxin) in Brazil

January 29, 2018

 

moksha8 Pharmaceuticals, announced today that it has entered into an exclusive licensing agreement with Daewoong Pharmaceuticals to commercialize botulinum toxin product Nabota in Brazil, the largest economy in Latin America.

 

“We are honored to be partnering with Daewoong Pharmaceuticals, one of the leading research- based companies in the world, in order to help expand the usage of Nabota in Latin America", said Joel Barlan.

 

Under the new agreement, moksha8 will be responsible for marketing authorizations, market access, commercialization, distribution throughout Brazil.

 

moksha8 Brazil will adopt a two-track marketing strategy for Nabota, the company will be in charge of Nabota applied to medical conditions while cosmetic use will be taken care of by GC Aesthetic Brazil, the leading pure play female Aesthetic company.