A likely approval for a biosimilar to Eli Lilly and Company’s Forsteo (teriparatide) in the European Union will add a ‘significant’ but ‘not a massive’ product to the portfolio of Biolexis, the products division of Strides Pharma Science Limited’s biologics arm Stelis Biopharma.
Strides Says Forsteo Biosimilar ‘Significant Product’, Seeks New Minority Investor In Stelis
Cuts Stake In Kenyan Venture To 49%
Strides sees Kauliv, a biosimilar to Eli Lilly’s Forsteo, as a ‘significant’ but ‘not a massive product’ as it prepares to register it in multiple countries post a positive opinion from EMA. Meanwhile, more clarity on fund raising for Stelis is expected by March 2023 even as the regulatory timeline for a COVID-19 vaccine from Akston is extended by 2-3 months
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Pipeline Watch is a weekly snapshot of selected late-stage clinical trial events and approvals announced by pharmaceutical and biotech companies at medical and industry conferences, in financial and company presentations, and in company releases and statements.
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