India's Mankind Licenses Entresto From Novartis, Acquires Panacea’s Brands

$1Bn Revenue Forecast For FY22

Mankind Pharma has licensed Novartis’ heart failure therapy Entresto in India, executive chairman Ramesh Juneja tells Scrip. The privately-owned company has also acquired the generics business of Panacea in India and Nepal for over $255m.

Handshake Showing Concept Of A Deal
Mankind Pharma Strikes Two Deals • Source: Alamy

Mankind Pharma Ltd. has entered into an agreement with Novartis AG to license the heart failure therapy Entresto (sacubitril/valsartan) that the latter sells in India as Vymada.

“We will market and distribute the product under our brand Neptaz and Novartis will manufacture it,” Ramesh Juneja, founder and...

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