Hyphens Pharma Bags Rights To Stelara Rival

DKSH’s Favorex Licenses Alvotech’s Ustekinumab In Singapore, Malaysia And Philippines

Hyphens Pharma has struck a licensing deal with DKSH’s Favorex to secure rights to Alvotech’s proposed ustekinumab rival to Stelara in Singapore, Malaysia and the Philippines.

South-east Asia From Space Globe Planet Earth
Hyphens Pharma has secured rights to ustekinumab in south-east Asia • Source: Alamy

Hyphens Pharma will have the rights to market Alvotech’s proposed biosimilar rival to Stelara (ustekinumab) in Singapore, Malaysia and the Philippines after striking a licensing deal with DKSH’s Favorex.

In September 2020, Alvotech and DKSH announced that they had extended a pre-existing partnership to cover the commercialization of six further biosimilars in Asian markets

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