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Apotex Leans Into Brand Ambitions With Formosa Deal

Acquires Canadian Rights To Novel Clobetasol Propionate Ophthalmic Treatment

 
• By Dave Wallace

Apotex has made another move to bolster its burgeoning branded business, striking a deal with Formosa Pharmaceuticals for Canadian rights to its novel clobetasol propionate ophthalmic suspension.

Canada flag painted over eye
Apotex has made another ophthalmic deal in Canada • Source: Shutterstock

Apotex has made another deal to expand its branded interests, announcing an agreement with Formosa Pharmaceuticals that will give it exclusive Canadian marketing and distribution rights to Formosa’s novel APP13007 clobetasol propionate 0.05% ophthalmic suspension, a steroid for use in ophthalmology.

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