Stada and Xbrane eye global Lucentis target

Stada and Xbrane Biopharma have struck a co-development deal covering the Swedish firm’s Xlucane (ranibizumab) biosimilar, a proposed rival to Genentech’s Lucentis, with a worldwide scope.

Stada and Xbrane Biopharma have struck a co-development deal covering the Swedish firm’s Xlucane (ranibizumab) biosimilar, a proposed rival to Genentech’s Lucentis, with a worldwide scope.

Spanning “Europe, the US, and a variety of Middle East and North Africa (MENA) and Asia-Pacific (APAC) markets”, the deal will see the two companies “equally contribute to development expenses and share profits from commercialisation in a 50/50 split”

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