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Will share commercialization, profits and losses
June 14, 2013
By: Tim Wright
Editor-in-Chief, Contract Pharma
Bristol-Myers Squibb and Simcere Pharmaceutical Group have expanded their strategic partnership to collaborate on the development and commercialization of the subcutaneous (SC) formulation of BMS’s rheumatoid arthritis drug Orencia in China. Orencia SC is currently marketed in the U.S., Europe and Japan. Simcere will perform and fund all development and regulatory activities to obtain market approval, based on a pre-agreed development plan. The companies will share commercialization resp...
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