You are hereHome CategoriesJordan
Tabuk Pharmaceuticals signs license and supply agreement with Selectchemie
Source: PRNewswire , Author: Posted by BI-ME staff
Posted: Fri October 6, 2017 11:56 am

JORDAN. -- /PRNewswire/ -- Tabuk Pharmaceutical Manufacturing Company ("Tabuk"), one of the leading pharmaceutical companies in the Middle East and North Africa (MENA) region, has entered into an agreement with Selectchemie, under which Selectchemie granted Tabuk a license to register, market and sell Caspofungin Injection (systemic antifungal agent) in Saudi Arabia, the Gulf Countries, North Africa, and the rest of Middle East.

Selectchemie is one of the leading European companies, headquartered in Zurich serving the pharmaceutical and human nutrition industries since 1969 as a premier supplier of high quality ingredients.

Dr. Rana Azzam, Senior VP of Business Development said "We are excited about this major partnership collaboration with Selectchemie. Caspofungin Injection is a hard to develop and lifesaving product. This partnership will provide an opportunity for both companies to leverage their combined strength."

Selectchemie side commented "Dr. Peter Kaufmann, CEO of Selectchemie, is proud to have gained Tabuk Pharmaceutical Manufacturing Company as a licensing and marketing partner for Caspofungin in the MENA Region. With this highest quality product, manufactured in Europe, Selectchemie looks forward to a long-term partnership with Tabuk to the benefit of both companies and end-users."

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: June 14, 2019
INTERNATIONAL. thyssenkrupp Materials Services relies on Microsoft for in-house solution development; AI as an essential component of the holistic digitalization strategy; Customers benefit from individualized offers and more efficient processes.
date:Posted: June 13, 2019
UAE. Cyber-crime is one of the biggest risks to businesses to date and globally its estimated costs will reach US$6 trillion by 2021.
date:Posted: June 12, 2019
UAE. Millions of files that are sitting out in the open across various file storage technologies are actually encrypted by ransomware; The analysis detected many files containing highly sensitive information.
INTERNATIONAL. thyssenkrupp Materials Services relies on Microsoft for in-house solution development; AI as an essential component of the holistic digitalization strategy; Customers benefit from individualized offers and more efficient processes.