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Strides Says Forsteo Biosimilar ‘Significant Product’, Seeks New Minority Investor In Stelis

Cuts Stake In Kenyan Venture To 49%

 
• By Vibha Ravi

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

OSTEOPOROSIS Professional doctor use computer and medical equipment all around, desktop top view - Image
Stelis' Osteoporosis Injectable Soon To Be A Reality In Europe

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.

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