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China Medical System Acquires Rights to Novartis Drugs

publication date: Jan 7, 2015
China Medical System Holdings of Shenzhen acquired China rights to two Novartis drugs: Lamisil, an antifungal medication used especially for fingernail and toenail infections, and Parlodel, a dopamine agonist that treats pituitary-caused disorders. The agreement includes rights to manufacture the drugs and a joint marketing license for the Swiss market in addition to the China rights. Financial details were not disclosed. More details....

Stock Symbols: (HK: 0867) (NYSE: NVS)

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