Wockhardt in licencing deal with UK firm
Highlights
MUMBAI: Pharma major Wockhardt Limited has licensed-in UK-based Crawford Healthcare's Viticolor, a skin camouflage gel for topical application for leucoderma patients.
Wockhardt had launched a leucoderma medication called Vitix recently through a license from UK's LSI. Leucoderma, also known as vitiligo, is a skin disorder that affects 3-4% of the Indian population. "Viticolor will complement Vitix and further strengthen our Indian dermatology portfolio," a company release said here quoting Wockhardt chairman Habil Khorakiwala as saying.
Viticolor's effect is expected to last for almost a week. It is already marketed in Europe, North America, Africa and South East Asia, the release said. Wockhardt will launch viticolor in the second quarter of 2007.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.