Navamedic Prepares for Generics Pharma Launch

Norwegian company Navamedic expects its first generic product to be on the market within eight months.

Norwegian company Navamedic began preparations for entering the generics market 14 months ago, when it entered into a partnership agreement with Aspen Pharmaceuticals of South Africa. Aspen is one of the world leaders in generic pharmaceuticals and Navamedic is the Group's sole distributor in the Nordic and Benelux markets.

Navamedic now has 10 generic product candidates filed for registration and expects its first generic product to be on the market within eight months.

"The number of product candidates filed demonstrates that Navamedic is on track in building an attractive generic pharmaceutical business. We have filed for registration in the Nordic countries, Belgium and