Business
Biocon subsidiary grants distribution of biosimilar to Sandoz in Japan – Times of India
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NEW DELHI: Biocon Biologics, a subsidiary of Biocon has signed a distribution agreement with Sandoz, granting the company exclusive rights to promote, sell and distribute `Adalimumab BS for subcutaneous injection [FKB]’* in Japan.
Based on this, Viatris has completed marketing and promotion of the product as of December 15, but will continue to provide transition support until Sandoz will gradually assume responsibilities for the product starting February 15, 2024, a company statement said.
Biocon Biologics has acquired the global biosimilars portfolio of Viatris including Adalimumab. Fujifilm Kyowa Kirin Biologics, the developer of the drug, has concluded an exclusive global marketing license agreement with Biocon Biologics affiliate.
Adalimumab BS for subcutaneous injection [FKB] is a biosimilar of Humira and is indicated for immune-related diseases such as rheumatoid arthritis, psoriasis vulgaris, ankylosing spondylitis, Crohn’s disease, and ulcerative colitis.
Sandoz is committed to further strengthening its product pipeline to drive sustainable business growth. The transfer of the distribution rights of this product is part of this strategy, and its addition to the product portfolio will strengthen Sandoz’s immunology and biosimilar portfolio.
Based on this, Viatris has completed marketing and promotion of the product as of December 15, but will continue to provide transition support until Sandoz will gradually assume responsibilities for the product starting February 15, 2024, a company statement said.
Biocon Biologics has acquired the global biosimilars portfolio of Viatris including Adalimumab. Fujifilm Kyowa Kirin Biologics, the developer of the drug, has concluded an exclusive global marketing license agreement with Biocon Biologics affiliate.
Adalimumab BS for subcutaneous injection [FKB] is a biosimilar of Humira and is indicated for immune-related diseases such as rheumatoid arthritis, psoriasis vulgaris, ankylosing spondylitis, Crohn’s disease, and ulcerative colitis.
Sandoz is committed to further strengthening its product pipeline to drive sustainable business growth. The transfer of the distribution rights of this product is part of this strategy, and its addition to the product portfolio will strengthen Sandoz’s immunology and biosimilar portfolio.
