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Meitheal Looks To Chinese Parent To Bring In Three US Insulin Biosimilars

Licensee Tonghua Dongbao Pharmaceutical Expects Clinical Trials In 2024

 
• By Dean Rudge

Designed as its US commercial arm following a major investment four years ago, Chinese player Nanjing King-Friend Biochemical Pharmaceutical has signed a deal allowing Meitheal Pharmaceuticals to sell three insulin biosimilars in the US.

Agreement business handshake partnership deal as a solution strategy with a team coming together out of tangled twisted roads on to a bridge to find a common goal.
• Source: Shutterstock

Chicago-based generics and biosimilars firm Meitheal Pharmaceuticals has tapped its parent company, Chinese player Nanjing King-Friend Biochemical Pharmaceutical, to bring in commercialization rights to three insulin biosimilars in the US from another Chinese company, Tonghua Dongbao Pharmaceutical.

Under the agreement, NKF has gained exclusive development and commercial rights for the three product candidates – insulin aspart, insulin lispro, and insulin glargine – from its partner, “and

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