Kissei makes biosimilars deal with Alteogen

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Kissei makes biosimilars deal with Alteogen

Biosimilars/News | Posted 07/03/2014 0 Post your comment

Japan-based Kissei Pharmaceutical (Kissei) announced on 13 February 2014 that the company had entered into a collaboration agreement with South Korean biologicals company Alteogen.

Under the agreement the two companies will carry out collaborative research to jointly develop biosimilars for the world market. Kissei is expected to make milestone payments to Alteogen for some of the research.

Kissei will have exclusive rights to market the biosimilars in Japan, with both companies having joint sales rights in other regions of the world.

Alteogen’s management team has ‘extensive experience for the research and development of biosimilars’ and the company has reportedly already used its ‘expertise in CHO cell technology’ to jointly develop biosimilar monoclonal antibody products with ‘internationally recognized pharmaceutical companies’. Kissei, on the other hand, expects the collaboration with Alteogen to further strengthen the company’s biopharmaceutical business.

Editor’s comment

Readers interested to learn more about biosimilars regulations in Japan and other countries/regions are invited to visit www.gabi-journal.net to view the following manuscript published in GaBI Journal:

Comparison of biosimilars guidelines

If you are interested in contributing a research article in a similar area to the GaBI Journal, please send us your submission here.

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Source: Alteogen, Kissei