Sanofi India announced today that it has entered into a marketing and distribution agreement with Emcure Pharmaceuticals (Emcure) for its oncology portfolio in India.

As per the agreement, while Sanofi will continue to own its oncology range - comprising 4 brands namely Taxotere, Jevtana, Fludara and Fasturtec, Emcure will market and distribute these brands through its Specialty Unit.

Commenting on the partnership, Shailesh Ayyangar, vice president, South Asia and managing director, Sanofi India and Sanofi - Synthelabo (India) said, ''Sanofi is highly committed to the field of Oncology. Realizing that managing the complexities of cancer necessitates the availability of a wide range of products and supporting therapies, we found that combining our efforts and product range with that of Emcure Oncology, makes immense sense for both companies. Doctors and patients will now have access - 'under one roof' - to one of the most comprehensive and complementing Oncology portfolios in India. Sanofi will continue to provide strong scientific and medical support to Emcure’s already well-established and fast growing Oncology business.''

Shares of the company gained Rs 6.8, or 0.24%, to trade at Rs 2,885. The total volume of shares traded was 1,340 at the BSE (12.14 p.m., Wednesday).