Cipla’s Gulf subsidiary expands partnership with Alvotech to market four drugs in Australia and New Zealand:
Cipla’s Gulf subsidiary has decided to expand its partnership with Alvotech [1] . The partnership is to commercialize four drugs in Australia and New Zealand, as announced on 2 March 2021. This move aims to facilitate the marketing and distribution of these four biosimilar drugs in the two countries.
Per this alliance, Cipla Gulf will be responsible for commercializing the patented biosimilars, including Aflibercept, Ustekimumab, Denosumab, and Golimumab. Biosimilars are leading products of the drug major and cover different therapeutic categories. Such drugs belong to the following categories – immunology, osteoporosis, oncology, and ophthalmology.
These products will be manufactured by Alvotech and distributed by Cipla Gulf. The subsidiary will use its distribution networks in Australia and New Zealand.
In July 2019, Cipla Gulf had collaborated with Alvotech for a similar agreement. The purpose of the agreement was to commercialize AVT02, an adalimumab biosimilar in select emerging markets.
Cipla hopes to establish a pan therapy presence in the specialties segment. It also expects this move to improve its footprint in the Australian market.
Read more
- Vaccines: Definition, Action, and Development
The terms’ vaccination’ and ‘vaccine’ are derived from Variolae vaccinae (Cow smallpox). These terms were given by Edward Jenner (who both developed … - COVID Vaccination Program in India
COVID vaccines are designed to improve the immune response of our bodies to the virus that causes COVID-19. This, in … - Brief introduction to Biotechnology with reference to Pharmaceutical Sciences1) Definitions of Biotechnology: Some of the definitions of biotechnology are mentioned below: As per the Spinks Report (1980) biotechnology …
Brief introduction to Biotechnology with reference to Pharmaceutical Sciences Read More »
- Enzyme Biotechnology- Methods and applications
Enzyme Biotechnology Definition of enzyme: Enzymes are high molecular weight proteins made up of a long chain of amino acids … - Medical Biotechnology Applications in Pharma and Healthcare
A) What is a Medical Biotechnology? Medical biotechnology or red biotechnology is the branch of biotechnology that involves the use …Medical Biotechnology Applications in Pharma and Healthcare Read More »