Abbott and mAbxience announced on 20 September 2023 that they had entered into a strategic partnership to commercialize several biosimilars in Latin America and other emerging markets.
Abbott and mAbxience partnership for biosimilars in emerging markets
Home/Pharma News | Posted 14/11/2023 0 Post your comment
Under the terms of the agreement, mAbxience, a Fresenius Kabi majority-owned group [1], will manufacture the biosimilars in their state-of-the art and good manufacturing practices (GMP)-approved facilities in Spain and Argentina. mAbxience will also be responsible for driving the clinical milestones for some of the molecules still undergoing development. The biosimilars, focusing on oncology, women’s health and respiratory disease, will be commercialized by Abbott. This will occur in the emerging markets of Latin America, Southeast Asia, the Middle East, and Africa.
This new agreement expands on that initiated in 2018, whereby the two companies were able to provide various treatment options for two oncology biosimilars in countries across Latin America including Columbia, Chile, Peru and various countries in Central America. First molecules expected to launch as early as 2025, offering new treatment options that leverage the latest in scientific breakthroughs for people in emerging markets.
mAbxience has entered other such partnerships to broaden its reach globally. For example, they have entered a partnership with HK inno.N in South Korea, to commercialise a denosumab biosimilar [2].
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Fresenius Kabi signs marketing agreement for adalimumab biosimilar
LATIN AMERICAN FORUM View the latest headline article: Alianza entre Abbott y mAbxience para los biosimilares en los mercados emergentes Browse the news in the Latin American Forum! Register to receive the GaBI Latin American Forum newsletter. Inform colleagues and friends of this new initiative.
FORO LATINOAMERICANO Ver el último artículo de cabecera: Alianza entre Abbott y mAbxience para los biosimilares en los mercados emergentes !Explore las noticias en el Foro Latinoamericano! Regístrese para recibir el boletín informativo GaBI Foro Latinoamericano. Informe a colegas y amigos sobre esta nueva iniciativa. |
References
1. GaBI Online - Generics and Biosimilars Initiative. Fresenius Kabi acquire mAbxience and Ivenix [www.gabionline.net]. Mol, Belgium: Pro Pharma Communications International; [cited 2023 Nov 14]. Available from: www.gabionline.net/pharma-news/fresenius-kabi-acquire-mabxience-and-ivenix
2. GaBI Online - Generics and Biosimilars Initiative. HK inno.N–mAbxience partnership in Korea and Coherus advances in the US[www.gabionline.net]. Mol, Belgium: Pro Pharma Communications International; [cited 2023 Nov 14]. Available from: www.gabionline.net/pharma-news/hk-inno.n-mabxience-partnership-in-korea-and-coherus-advances-in-the-us
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