Fresenius Kabi And Formycon Ally On Stelara Rival

German Firms Strike Global Licensing Agreement For FYB202 Ustekinumab Biosimilar

Fresenius Kabi and Formycon have announced a global licensing deal for the FYB202 ustekinumab proposed biosimilar rival to Stelara. The deal comes as Formycon has revealed plans to raise further funds to funnel into research and development through a fresh share issue.

Deal handshake global
Formycon and Fresenius have struck a deal on FYB202 • Source: Shutterstock

Fresenius Kabi and Formycon have announced a global licensing deal for the FYB202 proposed biosimilar to Stelara (ustekinumab) being developed by Formycon.

The deal adds to Kabi’s growing interests in biosimilars, with the German generics giant indicating that it would gain “exclusive rights to commercialize the proposed ustekinumab biosimilar product in key global markets,” with “semi-exclusive commercialization rights for

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