Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Thursday, July 22 2021 - 12:00
AsiaNet
Menarini Asia-Pacific strengthens Men's Health portfolio in China with acquisition of Cialis(R) (Tadalafil) from Lilly
SINGAPORE, July 22, 2021 /PRNewswire-AsiaNet/ --

-Acquisition of Cialis(R) in the People's Republic of China to bolster 
Menarini's Men's Health portfolio and drive multichannel coverage 
-This is a significant milestone for Menarini Asia operations as it 
commemorates its 10th anniversary of being established in 13 major healthcare 
markets in Asia-Pacific 

A. Menarini Asia-Pacific Holdings Pte. Ltd., part of the Menarini Group, the 
world's largest Italian biopharmaceutical company, announced today the 
completion of its acquisition of Cialis(R) in the People's Republic of China 
from Eli Lilly and Company. Through the acquisition, Menarini will take over 
ownership of the brand and assume all sales, marketing and distribution 
responsibilities. 

Cialis(R) was first approved by the European Medicines Agency in 2002 followed 
by the U.S. Food and Drug Administration ("FDA") in 2003 and then NMPA 
(National Medical Products Administration) in 2005, as well as in more than 120 
other countries. 

With Cialis(R), Menarini intends to strategically expand its nationwide 
coverage across the Retail, E-Commerce and Hospital channels and deliver on its 
growth ambition in the second-largest healthcare market worldwide. Besides 
Men's Health, Menarini is focused on major therapeutic categories including 
Dermatology, Allergy/Respiratory, Cardiovascular, Gastroenterology, Pain 
Management, Consumer Healthcare, Oncology and Anti-Infectives.

Maurizio Luongo, Chief Executive Officer, Menarini Asia-Pacific said, "The 
acquisition of Cialis(R) is a testament to Menarini's commitment to invest and 
grow our well diversified Primary and Speciality Care portfolio in the 
Asia-Pacific region, which is an increasingly important engine of growth for 
the Group. We are excited to take the brand from strength to strength in China 
with our well proven, multi-pronged go-to-market strategy for our Men's Health 
portfolio in China. We look forward to harnessing the combined strengths of the 
complementary products in this portfolio to invigorate lives and relationships 
across the nation."

About Cialis(R) (Tadalafil)

Cialis is indicated in China for the treatment of men with erectile dysfunction 
(ED), and men with both ED and the signs and symptoms of benign prostatic 
hyperplasia.

Cialis is not for women or children.

It is important to note that Cialis is not to be taken with medicines called 
"nitrates" such as nitroglycerin, as tadalafil may potentiate the hypotensive 
effect of nitrates; and also GC stimulator, such as riociguat. PDE5 inhibitors, 
including tadalafil may potentiate the hypotensive effects of GC stimulators; 
or if allergic to Cialis or Adcirca (tadalafil), or any of its ingredients.

About Menarini Asia-Pacific

Menarini Asia-Pacific is a member of the Menarini Group, with a heritage of 
over 130 years and over 17,000 employees in more than 140 countries. Here in 
Asia-Pacific, Menarini's vision is to be a leading provider of important 
healthcare brands to improve the lives of people in the region. Menarini 
Asia-Pacific operates across the entire commercial value chain, from clinical 
development, regulatory approval and product launch to lifecycle management 
with a diverse portfolio of proprietary and partnered brands in key therapeutic 
fields, including Consumer Health, Dermatology, Allergy/Respiratory, 
Gastroenterology, Cardio-metabolic, Anti-infectives, Oncology/Specialty Care 
and Men's Health. For the Financial Year 2020, the Menarini Group clocked sales 
revenues of US 4.6 billion dollars, of which the Asia Pacific region has grown 
to become a dynamic engine of growth for the Group with more than 10% revenue 
contribution. 

For more information about Menarini Asia-Pacific, please visit: 
www.menariniapac.com

SOURCE Menarini Asia-Pacific