China And US Added to Amneal-Iconovo Symbicort Alliance

Expands Agreement Disclosed In May Last Year

Swedish player Iconovo is in line for larger future royalties through its partnership with Amneal covering a generic version of AstraZeneca’s Symbicort, after the two firms signed a new, expanded agreement.

Business teamwork puzzle pieces.
Amneal and Iconovo first joined forces in June 2016 • Source: Shutterstock

Amneal’s collaboration agreement with Swedish inhalation specialist Iconovo to develop a generic version of AstraZeneca’s Symbicort (budesonide/formoterol) respiratory blockbuster “now covers approximately 90% of the total global Symbicort market,” after the two parties announced an extension to the initial partnership.

Around a year ago, Iconovo and Amneal agreed to terms to develop a generic rival to Symbicort in the Swedish...

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