JUNO OTC, A WHOLLY-OWNED SUBSIDIARY OF LSL PHARMA GROUP, SIGNS BINDING TERM SHEET WITH INSTAPILL PRIVATE LIMITED TO SUPPLY PRIVATE LABEL LORATADINE 10 MG RDT IN CANADA
The commercial launch is planned for
This agreement builds on the momentum generated by Juno OTC's initial collaboration with Instapill for Loperamide 2 mg RDT, equivalent to Imodium RDT, which is now widely distributed under private label across major Canadian retailers and delivering robust commercial performance.
Through this strategic partnership with Instapill, a global leader in rapid dissolve technology, LSL Pharma, via its private label division Juno OTC, secures access to a pipeline of innovative dosage formats designed for convenience, speed, and enhanced patient compliance. The Company is actively advancing additional OTC RDT products with the goal of building a broad, high-volume portfolio across multiple therapeutic categories.
"Signing this term sheet with Instapill is a testament to Juno OTC's execution capabilities and accelerates our growth trajectory in the consumer health space," said
With more than 40 products currently on the market and 10 new products expected to be launched over the next 12 months, Juno OTC is rapidly increasing its presence in the pharmaceutical OTC market in
About
Juno OTC is a leading supplier in the Canadian private label consumer healthcare OTC market providing key Canadian retailers with core product offerings under the retailers' own recognized private label brands and strategic new opportunities to build the mutual business. With a strong legacy in this market, Juno OTC is recognized for providing the highest quality products along with a track record of partnership with these Canadian retailers to build their overall presence and success in consumer healthcare. Juno OTC has all required
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SOURCE Groupe LSL PHARMA INC.