Breaking News, Collaborations & Alliances

Pfenex, Agila Biotech In Biosimilar JV

Will initially develop and commercialize six products

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Pfenex, Inc. and Agila Biotech Private Ltd., a subsidiary of Strides Arcolab, have entered into a joint venture to develop, manufacture and commercialize an initial pipeline of six biosimilar products for the global market. Both companies will equally share development decisions and commercialization. Agila will hold 51% equity. The JV combines Pfenex’s expertise in strain engineering and process development with Agila’s biologics manufacturing and clinical development expertise.   T...

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