Market News
Recent Developments
New product launches
- On January 30, 2023, Aptar Pharma, a part of AptarGroup, Inc. and provider of drug delivery systems, services and active material science solutions, launched the APF Futurity, its first metal-free, multidose nasal spray pump that is developed to deliver nasal saline and other comparable over-the-counter (OTC) formulations
- In 2021, Cipla Limited, a India-based multinational pharmaceutical company launched Naselin antiviral nasal spray with Povidone Iodine that can offer the first line of defence against the COVID-causing SARS-CoV-2 virus
Acquisition and partnerships
- In 2019, Hikma Pharmaceuticals PLC, a U.K. based multinational pharmaceutical company, announced that it has signed an asset purchase agreement with Insys Therapeutics Inc., a U.S. based specialty pharmaceutical company, in order to acquire unit-dose nasal and sublingual spray manufacturing equipment, as well as two pipeline products, naloxone 505(b)2 nasal spray and epinephrine 505(b)2 nasal spray