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Latest From Formycon AG
Fresenius And Formycon Strike Stelara Settlement For Europe And Canada
Partners Fresenius Kabi and Formycon have laid the groundwork to launch their biosimilar ustekinumab rival to Stelara in Europe and Canada through a settlement agreement with originator J&J.
Gedeon Richter Investment In Formycon Opens Up Collaboration Opportunities
Gedeon Richter has agreed to acquire a stake of just over 9% in Formycon. The deal “opens up the possibility of jointly leveraging long-term strategic opportunities” while providing Formycon with more than €80m to invest in its biosimilar development projects.
Coherus And Formycon’s Ranibizumab Rapidly Ramps Up In US
Formycon has reported positive uptake trends in the US for its Coherus-partnered ranibizumab biosimilar at the end of 2023, mirroring recent success in the UK with marketing ally Teva.
Formycon Believes Itself Among Frontrunners For Mammoth Keytruda Opportunity
On the back of early success with its biosimilar to Lucentis (ranibizumab), Formycon has looked further into the future and divulged details on the set-to-be competitive race to develop a biosimilar to Merck & Co’s €10bn ($10.9bn) PD-1 inhibitor Keytruda (pembrolizumab).
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Biotechnology
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