Pharmaceutical companies Eli Lilly and Company (NYSE:LLY) and EVA Pharma on Wednesday announced a collaboration to expand access to baricitinib in 49 low- to middle-income countries in Africa.
Lilly will license manufacturing know-how to EVA Pharma, enabling local production and supply of the drug.
This partnership is part of Lilly's 30x30 initiative, which aims to improve access to quality health care for 30 million people living in resource-limited settings annually by 2030.
EVA Pharma's dedicated facility is expected to begin selling locally manufactured baricitinib by 2026. The collaboration leverages EVA's pan-African reach and strong manufacturing capabilities to reach more people in need.
Valneva to supply IXCHIQ vaccine for chikungunya outbreak in La Réunion
ANI Pharmaceuticals announces buyout of royalty obligation for ILUVIEN and YUTIQ
Sirum collaborates with Governor Wes Moore to expand medication access across Maryland
West Pharmaceutical Services announces Q2 dividend
Perrigo increases quarterly dividend
AbbVie announces quarterly cash dividend
hVIVO acquires German Clinical Research Units for EUR10m; Targets earnings growth by 2026
Poxel to receive royalties and sales-based payment from Sumitomo Pharma
ReciBioPharm secures grant to expand RNA manufacturing in LMICs
CVS Health to pays common stock quarterly dividend of USD0.665 per share
TC BioPharm receives shareholders' approval for 25% stock dividend
USANA Health Sciences acquires controlling stake in Hiya Health for USD205m