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May 8, 2001
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Wockhardt to market Eisai drug in India

Indian drugmaker Wockhardt Ltd said on Tuesday it will begin marketing in India one of Japan-based Eisai Company Ltd's top-selling drugs.

Wockhardt said in a statement it would begin selling Methycobal, Eisai's mecobalamine-based drug for the treatment of debilitating nerve disorders, such as those experienced by diabetic patients.

It said Methycobal was one of Eisai's top products, with annual sales of more than $400 million.

Wockhardt said it will begin selling the drug in July.

Wockhardt shares closed up 2.76 per cent at Rs 404.10, while the Sensex closed one per cent higher.

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