On 29 July 2019, pharmaceutical companies Alvotech and Cipla Gulf announced that they have entered into an exclusive partnership for the commercialization of an adalimumab biosimilar (AVT02), in a selection of emerging markets.
Alvotech and Cipla Gulf partnership announced
Home/Pharma News | Posted 30/08/2019 0 Post your comment
AVT02 is a biosimilar to AbbVie’s Humira. In 2018, this originator biological drug was the largest selling medicine worldwide with sales of US$20 billion. Humira is indicated for the treatment of several autoimmune diseases, including rheumatoid arthritis, ankylosing spondylitis, plaque psoriasis, psoriatic arthritis, ulcerative colitis and Crohn’s disease. In the treatment of these conditions, it neutralizes the tumour necrosis alpha (TNF-α).
The duo announced that, under the partnership, Alvotech will be developing and supplying the product, while Cipla Gulf will be responsible for registration and commercialization. Currently, AVT02 is in phase III clinical development and will be filing with the European Medicines Agency and US Food and Drug Administration by early 2020.
The partnership will enable Alvotech to take advantage of Cipla’s strong commercial network and market experience in many emerging markets. This will give patients improved access to biosimilars in many countries across the globe. In return, Cipla expands its portfolio of biosimilars to include a biosimilar of the highest selling biological in the world.
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