Taiwan’s pharma firm Lotus acquires edema medicine rights in Vietnam from Sanofi
Taiwan-based Lotus Pharmaceutical has acquired the trademark, marketing authorization, economic interest, and manufacturing processes of Alphachymotrypsine Choay for Vietnam from French pharmaceutical firm Sanofi.
In a Tuesday statement, Lotus said the deal was completed earlier than its initial expectation, allowing Lotus to consolidate revenue from Alphachymotrypsine Choay sales starting from the first quarter of 2025. The acquisition is a milestone of its expansion in Southeast Asia.
An Alpha Choay box. Photo courtesy of Long Chau drugstore.
Sangpharma, a local business, will distribute the medicine in Vietnam.
Previously, Lotus had said it would make the acquisition in September 2024, and the move could help its progress of becoming a leading pharmaceutical firm in the Asia-Pacific region.
Alphachymotrypsine Choay is a well-established treatment prescribed for edema after trauma, surgery, or burns. The medicine sales in Vietnam and Cambodia exceeded $22 million in 2023.
Alphachymotrypsine Choay, also known as Alpha Choay, is a leading brand in the anti-inflammatory sector in Vietnam, according to Lotus.
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