MUMBAI - Germany-based Merck KGAA is close to signing a comprehensive deal with India’s Lupin Ltd. to sell complex generics in several emerging markets, said industry sources. The deal, probably proposed to be run through a new joint venture, envisages the entire span of product development, regulatory filings, manufacturing and frontend marketing, most of which, sources said, is likely to be based on shared costs and revenues.
Lupin did not confirm the news and Merck spokesperson could not be reached immediately for a comment. A source likened the deal to an earlier agreement reached between Sun...
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