Lotus Pharmaceutical, a Taiwan-based company, has entered into an agreement with OM Pharma to acquire the assets of a specialty biopharmaceutical product for the prevention of recurrent urinary tract infections in South Korea.
- Asset Transfer: Includes marketing authorisations, trademarks, finished product inventory, and related intellectual property rights.
- Market Presence: The product is currently marketed in more than 40 countries and was used by over one million patients globally in 2025.
- Objective: The acquisition is intended to expand Lotus Pharmaceutical’s specialty portfolio and presence in the South Korean market.
This summary is based on a news article issued by BioSpectrum Asia.
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