Under subsidiary, Promius Pharma LLC, Dr Reddy’s Laboratory has sold its rights of Cloderm cream to EPI Health LLC.
“Cloderm Cream is a widely recognised brand among the dermatology community. “ said Ron Owens, President of EPI Health “adding this product to our portfolio will support our goal to becoming a leader in medical dermatology and build on our successful prescription branded franchise.”
“Under subsidiary, Promius Pharma LLC, Dr Reddy’s Laboratory has sold its rights of Cloderm cream to EPI Health LLC. “
Promius Pharma is eligible to receive an upfront payment under terms of the agreement.
“Cloderm is a brand that has been subscribed for decades and is an important treatment option for patients, said Anil Namboodiripad, Ph.D., Senior Vice President, Proprietary Products, and President, Promius Pharma “ we look forward to EPI’s continuing support of the brand.”