HONG KONG – Fear of biosimilars, drugs that once launched will potentially capture entire markets with their discounted prices, is not likely to be an issue in some of the poorer countries in Asia and Latin America, where even cheaper biosimilars are too expensive for the general public. With numerous patient access challenges, biosimilars have had a difficult time finding their footing in some of these markets.
HONG KONG – Fear of biosimilars, drugs that once launched will potentially capture entire markets with their discounted prices, is not likely to be an issue in some of the poorer countries in Asia and Latin America, where even cheaper biosimilars are too expensive for the general public. With numerous patient access challenges, biosimilars have had a difficult time finding their footing in some of these markets.
HONG KONG – Chinese biopharmaceutical company Luye Pharma Group Ltd. (LPG) spiked in Hong Kong trading last week after getting a green light from the U.S. FDA on the new drug application (NDA) for an investigational schizophrenia drug.
HONG KONG – In a deal that is likely to open the door of the Chinese and global market to an early stage South Korean drug developer, 3Sbio Inc (HK:2530) signed an exclusive agreement to develop, manufacture and market an antibody-drug conjugate (ADC) that targets the HER2 pathway for cancer. The deal with Alteogen Inc. (KS:196170), of Daejeon, South Korea, covers Mainland China, Hong Kong and Macau and includes an undisclosed up-front payment as well as further milestone payments and royalties for the development of ALT-P7.
HONG KONG – In a deal that is likely to open the door of the Chinese and global market to an early stage South Korean drug developer, 3Sbio Inc (HK:2530) signed an exclusive agreement to develop, manufacture and market an antibody drug conjugate (ADC) that targets the HER2 pathway for cancer.
HONG KONG – Chinese biopharmaceutical company Luye Pharma Group Ltd. (LPG) spiked in Hong Kong trading last week after getting a green light from the U.S. FDA on the new drug application (NDA) for an investigational schizophrenia drug.
