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Parnell Pharmaceuticals Forms Contract Manufacturing Deal with Merial

Multi-year sterile injectable deal could be worth up to $20 million

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Parnell Pharmaceuticals Holdings, a fully integrated, commercial-stage pharmaceutical company focused on developing, manufacturing and marketing animal health solutions, has formed a contract manufacturing agreement with Merial, the animal health division of Sanofi. Merial will purchase certain sterile injectable products, exclusively from Parnell, with minimum annual purchase commitments over the 10-year term of the agreement.  In addition, Merial will pay an upfront establishment fee in ret...

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