Developing the next wave of biosimilar immunology and oncology biologics is likely to require a step up in the resources needed for success, and two leading companies in the sector, Novartis AG's generics and biosimilars division, Sandoz Pharma Ltd., and Bangaluru, India-based Biocon Ltd., have announced they are to collaborate on developing and commercializing the next-generation of biosimilars.
The two companies said Jan. 18 they would share responsibility for end-to-end development, manufacturing, and gaining global regulatory approvals for a number of biosimilar immunology and oncology products, and will have a cost and profit share arrangement globally
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