Celltrion Sets Up JV With Nan Fung To Sell Biosimilars In China

Celltrion is pushing into biosimilar market opportunities in China by setting up a joint venture with local player Nan Fung Group. Vcell Healthcare is aiming to market three of Celltrion’s biosimilars as well as exploring setting up a manufacturing plant in China.

China - South Korea
Korea’s Celltrion has linked up with China’s Nan Fung Group • Source: Shutterstock

Celltrion has struck a deal with Hong Kong’s Nan Fung Group to establish a local joint venture for developing and marketing biosimilars under the banner of Vcell Healthcare Limited.

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