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Hikma and Celltrion sign licensing agreement for YuflymaTM
Jul 19,2022 - Last updated at Jul 19,2022
LONDON — Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, announces an exclusive licensing agreement with Celltrion, Inc. and Celltrion Healthcare, Inc. (Celltrion) for YuflymaTM (CT-P17), the first adalimumab biosimilar with a high concentration, low-volume and citrate-free formulation.
The agreement provides Hikma with exclusive rights to commercialise YuflymaTM in all of its MENA markets, strengthening its strategic partnership with Celltrion.
To date, Hikma has launched three of Celltrion’s biosimilar products, and is in the process of launching a fourth product. “Building a portfolio of high-value, differentiated products continues to be a key focus area for Hikma,” said Mazen Darwazah, Hikma’s executive vice chairman and president of MENA.
“We are excited to add YuflymaTM to our portfolio, strengthening our offering of biosimilar and innovative biologic products. Celltrion’s strong technical capabilities and our well-established commercial presence continues to help us increase patients’ access to important medicines that help them in their treatment journey for these difficult diseases.”
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Hikma Pharmaceuticals PLC. (Hikma) and a wholly-owned subsidiary of Sun Pharmaceutical Industries Ltd.