AstraZeneca Pharma, Abbott Healthcare terminate distribution agreement
28th May 2021

AstraZeneca Pharma and Abbott Healthcare have mutually terminated the distribution agreement on May 27, 2021. AstraZeneca India will continue to independently market Dapagliflozin, the combinations of Dapagliflozin and Metformin as well as Dapagliflozin and Saxagliptin in India under the brand names Forxiga, Xigduo and Qtern respectively. Earlier, the Distribution agreement had entered into between AstraZeneca Pharma India and Abbott Healthcare (Abbott) for the distribution of Dapagliflozin, an innovative Type 2 diabetes medicine, in India.

AstraZeneca Pharma India is a global biopharmaceutical company. The company is engaged in the discovery, development and commercialization of medicines for core areas of healthcare, including cardiovascular/metabolic disease, cancer and respiratory, inflammatory and autoimmune disease. The company operates through two segments Healthcare and Clinical Trial.