The US based company Chattem Inc gave KIPA the exclusive license for the product Selsun™, a shampoo against Seborrheic Dermatitis, which formerly used to belong to Abbott. The product, which used to be in the Cyprus market before, was re-launched in January 2005.
Krka is one of the leading generic pharmaceutical companies worldwide. Its high quality, effective and safe products cover most therapeutic areas and they complete successfully with against other companies in its sector.
With the sales of generic products, TAD Pharma is one of the top 100 players in the German pharmaceutical market. From its hometown, Cuxhaven at the North Sea, TAD distributes its products to over 40 countries around the world. TAD Pharma and KIPA started their co-operation in 2004. For this co-operation, the tender business in Cyprus has been of major importance. Since the end of 2007 TAD Pharma has been acquired by the Slovenian Generic Company KRKA.