Menarini and Orion Sign Regional Partnerships in Asia-Pacific
A. Menarini Asia-Pacific Holdings Pte Ltd, a member of the Italian largest biopharmaceutical company Menarini Group, and Orion Corporation have signed a multi-year licensing agreement for Menarini Asia-Pacific to distribute and commercialize several of Orion’s Easyhaler products in 10 countries in Asia-Pacific region.
The countries involved in the partnership are China, Hong Kong, Philippines, Malaysia, Indonesia, Thailand, Singapore, Vietnam, Taiwan, and South Korea. Orion’s proprietary dry-powder inhaler Easyhaler is used for administering medication for the treatment of asthma and COPD.
“Menarini is excited about this partnership with Orion in Asia-Pacific Region. Menarini has engaged in respiratory therapeutic area for many years, particularly asthma and COPD. It is one of the key areas of development for Menarini. Orion’s products will contribute strongly to the expansion of our respiratory portfolio”, said Albert Lim, CEO at Menarini Asia-Pacific.
“We are delighted with this partnership opportunity with Menarini. As we in Orion have been investing long term on developing valuable know-how to develop world class products with our Easyhaler technology, we are very glad to enlarge our co-operation with Menarini to the new territory. We have already learned to appreciate highly Menarini capabilities as well as professional collaboration in EU”, said Markku Huhta-Koivisto, Senior Vice President of Orion’s Proprietary Products division.