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Kolon Ends One Asian Invossa Contract, But Hopes To Keep Others

 
• By Jung Won Shin

Korean firm Kolon terminates one Asia supply contract for Invossa, but appears hopeful it can maintain other remaining deals as it counts on resuming US clinical trials with the troubled gene therapy.

Domino
Kolon Doesn't Expect Domino Effect From Supply Deal Termination • Source: Shutterstock

Kolon Life Science Inc. has terminated a supply contract for Invossa (TC-C; tonogenchoncel-L) in Hong Kong and Macau after South Korea’s drug ministry finalized a decision to revoke its approval of the pioneering cell and gene therapy due to a cell component discrepancy.

The cancellation of the Asian deal raises concerns whether the South Korean firm will be able to maintain other remaining...

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