With our fingers on the pulse of the latest trends in pharma, one of our specialties is finding innovative drugs and medical devices to expand our client’s offerings. This can be in the form of bringing additional products to existing markets or taking existing products and expanding into new markets.
Recently, we successfully in-licensed a drug for a client in Asia, who was so satisfied with the arrangement, that they asked Solpharma to scout for additional products that could be leveraged with similar agreements in other territories.
We realized that part of this success was focusing on solutions to problems that were available in the EU, but had not yet gained popularity in Southeast Asia.
With this in mind, we were able to identify several opportunities and presented them to our client.
As a result of this well-defined scouting assignment, our client eventually in-licensed three additional generic drugs and three medical devices in the women’s healthcare space.