Lantheus Pens Deal for Definity in China

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Lantheus Medical Imaging said this week it brokered a deal to distribute its Definity contrast material for echocardiograms in China.

Lantheus and Beijing Double-Crane Pharmaceutical Co., a leading drug company in Beijing, approved a 15-year agreement for exclusive distribution in China pending clinical trials, according to a company press release.

Under the agreement, both companies will collaborate on designing and implementing the drug trials. Double-Crane also has the right of first negotiation to manufacture the injectable drug used to treat heart disease.

Definity is currently approved in North America, Europe and a number of other countries.