Alvotech And Fuji Pharma Broaden Biosimilar Alliance In Japan

Number Of New Candidates Added To Partnership

Longtime partners Alvotech and Fuji Pharma – the latter being a minority shareholder in the Icelandic firm – have extended their existing biosimilars partnership in Japan, as Alvotech continues to make strategic moves across the globe.

Japanese flag
Fuji Pharma now boasts "an industry-leading biosimilar pipeline." • Source: Shutterstock

Alvotech and Fuji Pharma have agreed to extend their existing exclusive strategic partnership in Fuji Pharma’s native Japan, adding a further four biosimilar products, while discussions between the firms “continue over additional biosimilar candidates.”

The Icelandic firm’s management disclosed that a term sheet was currently on the table, which was described as “binding,” to...

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