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Kidswell And Chiome Team Up On Biosimilar Development

The Companies See Biosimilars As An Underused Opportunity In Japan

 
• By Adam Zamecnik

In an effort to set themselves apart from other Japanese companies, Kidswell and Chiome have signed a deal focused on the co-development of new biosimilars and profit sharing.

Japan flag scientist
• Source: Shutterstock

The Japanese companies Kidswell Bio Corporation and Chiome Bioscience have announced a business alliance agreement aimed at the co-development of new biosimilars, in an effort to stand out in a domestic market focused on small-molecule drugs.

According to the two businesses, many Japanese pharmaceutical companies have focused their resources on R&D in small-molecule drugs instead of biopharmaceuticals, which led to delays in the local development

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