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ECI Pharmaceuticals LLC Enters into Exclusive U.S. Distribution Agreement for Ibuprofen Prescription Strength Tablets and Folic Acid Prescription Strength Tablets

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ECI Pharmaceuticals, LLC (ECI) today announced that it has entered into an exclusive U.S. distribution agreement with AiPing Pharmaceuticals, Inc. (AiPing) to manage the sales, marketing, and distribution of Ibuprofen 400 mg, 600 mg, 800 mg tablets, and Folic Acid 1 mg tablets.

According to IQVIA data for the 12 months ended December 2020, total U.S. generic sales of Ibuprofen tablets 400 mg, 600 mg, 800 mg was approximately $110 million. Generic Folic Acid tablets 1 mg were approximately $20 million for the same period. ECI plans to launch both Ibuprofen and Folic Acid under the ECI label.

“We are pleased to expand our sales, marketing, and distribution agreement with AiPing to include these additional products,” said Andrew Berk, Senior Director Business Development and Strategy for ECI. “AiPing has been a collaborator of ECI for several years on another ANDA product, and we look forward to our continued success in expanding our relationship with these highly valued and widely used generic pharmaceutical products.”

“We have chosen to expand our alliance with ECI because of our successful collaboration on another generic product,” commented Emma Li XU, CEO of AiPing “We are broadening our relationship with ECI because of their team’s ability to launch products swiftly and execute launch plans well. We will work closely with ECI to launch these products in the coming weeks.”

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