Alpharma Announces Development and Manufacturing Agreement With Orchid

Alpharma has entered into an agreement with Orchid Chemicals & Pharmaceuticals, a Chennai-based global pharmaceutical company, whereby Orchid will develop, manufacture and supply generic prescription products for exclusive sale by Alpharma. Orchid's responsibilities include development of active pharmaceutical ingredients, development of final formulations, and manufacture of finished products for exclusive sale by Alpharma in the U.S. and Europe. During the period of exclusive sales by Alpharma, Alpharma and Orchid will share profits and Alpharma will reimburse Orchid for certain development costs.

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