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Bio-Thera Follows Hikma Deal With Sandoz Bevacizumab Alliance

Hikma Ustekinumab Deal Signed In Late August; Sandoz Oncology Pipeline Boosted

 
• By Dean Rudge

Sandoz has plugged another gap in its off-patent oncology pipeline, from which the company has rolled-out four marketed oncology biosimilars, by bringing in Bio-Thera Solutions’ BAT1706 proposed biosimilar to Avastin, including in the US and Europe.

twin targets
BioThera has quickly out-licensed bevacizumab and ustekinumab • Source: Alamy

China’s Bio-Thera Solutions has quickly struck a second biosimilar licensing agreement with a major industry player, offloading rights to its BAT1706 proposed bevacizumab biosimilar to Sandoz in the US, Europe outside of Russia, Canada and “selected other countries” not covered by other partnerships.

Under the terms of the firms’ agreement, Sandoz noted, Bio-Thera Solutions will receive an upfront and milestone payments and is entitled to receive

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‘I’ll Be Happy When We Have 40-Plus Assets’ – Sandoz Builds Up Biosimilars

 
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More from Products

Amneal Proud To Be ‘Made In America’ And Ready To Scale Up Its US Manufacturing

 
• By Urtė Fultinavičiūtė

Amneal has set itself apart from competitors who are scrambling to find alternatives if proposed US pharmaceutical tariffs come into place. For the New Jersey-based firm, this is an opportunity to embrace its American identity and open a new chapter of growth.

‘I’ll Be Happy When We Have 40-Plus Assets’ – Sandoz Builds Up Biosimilars

 
• By Dave Wallace

With biosimilars playing an increasingly important role in Sandoz’s business, the firm’s first-quarter results call saw management lay out the latest key developments. Meanwhile, the company also addressed the issue of US tariffs, voicing optimism over both future developments as well as its ability to weather current measures.

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• By Dave Wallace

Niche generics company Aspire Pharma has struck a deal to acquire a portfolio of products from fellow UK firm Tetris Pharma as it is wound up, paying Tetris parent Arecor £0.5m for UK distribution rights and inventory.