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Coherus Acquires Bevacizumab Rights From Innovent

Deal Also Includes Option To Sell Innovent’s Rituximab Biosimilar

 
• By Dave Wallace

Coherus BioSciences has struck a deal with China’s Innovent Biologics that gives it US and Canadian rights to a bevacizumab biosimilar version of Avastin as well as an option to market Innovent’s rituximab rival to Rituxan in the US and Canada.

Coherus
Coherus has acquired rights to an Avastin biosimilar from Innovent • Source: Shutterstock

US biosimilars specialist Coherus BioSciences and China’s Innovent Biologics have struck a deal that gives Coherus US and Canadian rights to a biosimilar version of Avastin (bevacizumab) as well as a “non-exclusive option” to sell Innovent’s biosimilar rival to Rituxan (rituximab) in the US and Canada.

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