Vital Signs: 28 October 2009 – APH
October 28, 2009
Ascent Pharmahealth Limited (APH), via its Australian generics business, Genepharm Limited has entered into a distribution and services agreement with Pfizer Australia Pty Limited to promote and sell the full range of Pfizer’s established off-patent medicines to Australian pharmacies. Under the agreement, Ascent said Genepharm would promote and distribute Pfizer’s off-patent branded medicines to pharmacies via Genepharm’s direct distribution and promote and sell a number of branded generics of Pfizer medicines, including established generic brand Xydep. The company said the Pfizer products would supplement Genepharm’s range of over 60 generic prescription medicines.
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