Cipla acquires anti-infective product Elores from Venus Remedies

Homegrown pharma major Cipla on Thursday said it has acquired a novel and patented anti-infective product, Elores, from Venus Remedies Ltd (VRL) for the Indian market.

The acquisition is aimed at further strengthening the firm's presence in branded Indian critical care space, and as a part of its agenda to contribute to the fight against anti-microbial resistance (AMR), Cipla said in a regulatory filing.

The company, however, did not disclose the value of the deal.

Elores is a novel combination of Ceftriaxone (a third-generation beta-lactam cephalosporin), Sulbactam (a beta-lactamase inhibitor) and Disodium EDTA, an antibiotic resistance breaker (ARB), indicated for the treatment of life threatening infections caused by gram-negative bacteria, it said.

The product was launched in India across select tertiary care hospitals in the country in 2013 after approval from the Drug Controller General of India, Cipla said.

Cipla Managing Director and Global Chief Executive Officer Umang Vohra said, "Elores underscores our commitment to anti-microbial stewardship and is a significant addition to our branded portfolio of anti-infectives in India."