Riyadh – Mubasher: The Saudi Chemical Company has signed an agreement to acquire all prescription rights of Cialis in Saudi Arabia from Eli Lilly.

Under the agreement, AJA Pharmaceutical Industries (AJA Pharma), a subsidiary of (SCCH), will become the manufacturer and supplier for Cialis in the Saudi market, according to a bourse filing on Tuesday.

The transaction is subject to the approval of relevant government bodies.

The annual revenues of Cialis in Saudi Arabia are expected to reach around SAR 100 million ($26.7 million).

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.