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Eli Lilly signs manufacturing deal for rheumatoid arthritis drug in Africa
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Eli Lilly signs manufacturing deal for rheumatoid arthritis drug in Africa
Sep 6, 2024 12:07 PM

Sept 4 (Reuters) - Eli Lilly ( LLY ) will license the

manufacturing know-how for its rheumatoid arthritis treatment to

Egypt's Eva Pharma, the companies said on Wednesday, to help

localize the drug's production in Africa.

Under the agreement, EVA would supply the drug, Olumiant, in

49 countries across Africa.

Lilly and EVA have been collaborating since 2021. The

companies partnered to manufacture insulin in Africa in 2022.

EVA is set to begin sales of locally manufactured Olumiant

by 2026 to the African countries.

Olumiant is used for treating rheumatoid arthritis and hair

loss caused by an autoimmune disease called alopecia areata. It

recorded $922.6 million in sales last year.

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