Team News Riveting
Ahmedabad, September 13
Zydus Lifesciences Ltd., a global innovation driven healthcare company announced that its wholly owned
subsidiary, Zydus Lifesciences Global FZE has entered into an exclusive licensing and supply agreement
with Viwit Pharmaceuticals (Viwit), an innovation driven biopharmaceutical and healthcare company, for
gadobutrol injection (generic version of GADAVISTTM) and gadoterate meglumine injection (generic
version of DOTAREM®) for the US market.
As per the terms of the agreement, Viwit will be responsible for ANDA submission, manufacturing and
supplying the generic versions of GADAVISTTM and DOTAREM®, following the receipt of requisite
regulatory approval. Zydus will exclusively market, distribute, and sell these products in the US market.
Both the products are Gadolinium based Magnetic Resonance Imaging (MRI) contrast agents and will be the first set of contrast agent products in Zydus’ injectable portfolio for the US market. The total addressable market opportunity for gadobutrol injection is estimated at US$ 120 million, and for
gadoterate meglumine injection at US$ 117 million in the US market (as per IQVIA MAT Jul – 2024).
