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Fresenius And Formycon Strike Stelara Settlement For Europe And Canada

Agreement With J&J Clears Path For Partners To Launch Ustekinumab Biosimilar

 
• By Dave Wallace

Partners Fresenius Kabi and Formycon have laid the groundwork to launch their biosimilar ustekinumab rival to Stelara in Europe and Canada through a settlement agreement with originator J&J.

EU and Canadian flags, mixed
European and Canadian launches can proceed under the settlement • Source: Shutterstock

Fresenius Kabi and Formycon, partners on the FYB202 proposed biosimilar rival to Stelara (ustekinumab), have cleared a path for the product to launch in both Europe and Canada through a settlement agreement with originator Johnson & Johnson.

The pair had entered into a global license agreement for FYB202 in early 2023, giving Fresenius Kabi marketing rights “in key global markets following successful approval

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