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Alvogen Licenses Mithra Contraceptive In Asia

Also Licensed Parkinson’s Disease Brands From Orion

 
• By Aidan Fry

Alvogen is expanding its presence in Asia by licensing a novel oral contraceptive from Belgium’s Mithra and striking a deal to market Orion’s Parkinson’s disease drugs.

Hong_Kong_Taiwan
Alvogen has licensed Mithra's novel Estelle oral contraceptive in Hong Kong and Taiwan • Source: Shutterstock

Alvogen is expanding its women’s health presence in Asia by securing an exclusive license to commercialize Mithra Pharmaceuticals’ Estelle (estetrol/drospirenone) combination oral contraceptive in Hong Kong and Taiwan.

Under the terms of the 20-year license and supply agreement, Alvogen will distribute Estelle in Hong Kong and Taiwan “where the hormonal contraception market is worth approximately €20m ($22m) per year

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