Pharmaceutical companies Eli Lilly and Company (NYSE:LLY) and EVA Pharma on Wednesday announced a collaboration to expand access to baricitinib in 49 low- to middle-income countries in Africa.
Lilly will license manufacturing know-how to EVA Pharma, enabling local production and supply of the drug.
This partnership is part of Lilly's 30x30 initiative, which aims to improve access to quality health care for 30 million people living in resource-limited settings annually by 2030.
EVA Pharma's dedicated facility is expected to begin selling locally manufactured baricitinib by 2026. The collaboration leverages EVA's pan-African reach and strong manufacturing capabilities to reach more people in need.
hVIVO acquires German Clinical Research Units for EUR10m; Targets earnings growth by 2026
OptiBiotix expands into Indian market with Amazon launch
Poxel to receive royalties and sales-based payment from Sumitomo Pharma
ReciBioPharm secures grant to expand RNA manufacturing in LMICs
CVS Health to pays common stock quarterly dividend of USD0.665 per share
TC BioPharm receives shareholders' approval for 25% stock dividend
USANA Health Sciences acquires controlling stake in Hiya Health for USD205m
Valneva and Serum Institute of India partner to expand chikungunya vaccine access in Asia
Lilly and EVA Pharma granted regulatory approval for locally manufactured insulin in Egypt
SK bioscience begins clinical trials for mRNA Japanese encephalitis vaccine
Moberg Pharma's MOB-015 fails to meet primary endpoint in phase 3 study
Valneva reports strong, long-lasting immunity from single-dose chikungunya vaccine
Lakeside's Sichuan Hupan to acquire Hupan Pharmaceutical
Cardinal Health to pay quarterly dividend of USD0.5056 per share