Wockhardt signs in-licensing agreement with swiss firm

Mumbai, Jan 14 (UNI) Pharmaceutical and Biotechnology major Wockhardt, has signed an in-licensing agreement with a Swiss firm, DSM Nutritional products AG, to market Bonistein, a patented product, specially designed in the management of osteoporosis.

Mumbai, Jan 14 (UNI) Pharmaceutical and Biotechnology major

Wockhardt, has signed an in-licensing agreement with a Swiss firm,

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DSM Nutritional products AG, to market Bonistein, a patented product,

specially designed in the management of osteoporosis.

    Wockhardt chairman H Khorakhwala said ” There is a growing

awareness of the debilitating problem of osteoporosis in india.

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Bonistein, an internationally acclaimed brand, will complement and

further strengthen our existing orthopoedic portfolio. ”

   ” The Company will continue to offer the indian medical

practitioners break through products that will cater to the needs of

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these emerging problems in an holistic manner” he added.

   India has close to 61 million people reportedly suffering from

osteoporosis and nearly 50 per cent of this population are

post-menopausal women. By 2030, as per the World Health Organisation

(WHO), the population of post-menopausal women suffering from

osteoporosis will be the second highest in the world next only to

China, a company release said here today.

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