New
Delhi: Ranbaxy Laboratories has entered into a deal
with JB Chemicals & Pharmaceuticals (JBCPL), India
to market the latter's herbal brand, Doktor Mom, in the
Romanian market.
The
Doktor Mom range includes syrup, lozenges and cold and
cough rub. According to the deal Ranbaxy will market these
products in Romania while JBCPL will continue to manufacture
them and will also provide promotional input for the brand.
Doktor
Mom is a popular brand in the cough and cold relief segment
in Russia, Ukraine and CIS countries. This is the first
time JBCPL has out-licensed this brand.
Romania
is a growing market for Ranbaxy in Europe with sales of
$6.4 million in 2004, achieving a growth of 127 per cent.
Some of the key Ranbaxy brands in this market include
Zanocin (Ofloxacin,
an antibiotic), Simvor (Simvastatin for lowering cholesterol),
and Serlift (Sertraline, an anti-depressant).
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