Celltrion Eyes Direct Global Sales To Bolster Margins, Growth

Biosimilar specialist Celltrion is aiming for the next stage of growth by setting up its own global direct sales and marketing system and through a new subcutaneous formulation of infliximab, and is looking to begin discussions with existing overseas marketing partners.

Celltrion briefing
Celltrion Chairman Jung Jin Seo Speaks At A Briefing In Seoul • Source: Celltrion Inc.

Celltrion Group is seeking further growth and an improvement in profit margins through the setting up of its own direct global sales, marketing and distribution system for new products, and for its already commercialized lines if it is unable to find "win-win" strategies with existing partners for these.

Celltrion said it aims to begin with the direct handling worldwide of a new subcutaneous formulation of its biosimilar infliximab Remsima, which is undergoing regulatory review in Europe (Also see "Celltrion Plans EU Filing For Remsima SC As Phase III Completed" - Scrip, 30 August, 2018.)

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