Ranbaxy Labs inks licensing pact with Medy-Tox to strengthen dermatological segment
Ranbaxy Laboratories Limited (Ranbaxy) has entered into a strategic in-licensing agreement for the Indian market, with Medy-Tox Inc (Medy-Tox), South Korea's largest Botulinum -Toxin specialized Biotech Venture, for its cosmetic product, Neuronox. The introduction of this new alternative brand of Purified Botulinum Toxin Type -A, will strengthen the company's presence in the Dermatological segment.
Therapeutic equivalence and clinical trials conducted by Medy-Tox in various countries across the world, have confirmed the efficacy and safety of Neuronox in all respects. This product is now made available in India through Ranbaxy.
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