Dr. Reddy’s, Prestige BioPharma partner for cancer drug

Dr. Reddy’s Laboratories has formed a partnership with Prestige BioPharma under which it will have exclusive rights to sell and market the Singapore company’s proposed trastuzumab biosimilar in Latin America and Southeast Asia.

Prestige BioPharma’s trastuzumab (HD201) is a proposed biosimilar to Roche’s Herceptin. It can be prescribed for treatment of HER2 positive breast and metastatic gastric cancer, the two companies said in a release on a binding agreement they have signed.

CEO Lisa S. Park said the partnership with Dr. Reddy’s is for key Latin American and Southeast Asian markets. “Dr. Reddy’s is the ideal partner to commercialise our lead biosimilar in these territories. With the collaboration, we look forward to further strengthening value of our biosimilar programmes in global markets,” she said.

The license agreement grants Dr. Reddy’s exclusive rights to commercialise the proposed biosimilar in the select countries. Under their partnership, Prestige BioPharma will be responsible for sustainable commercial supply of HD201 from its manufacturing facilities in Osong, South Korea, while Dr. Reddy’s will be responsible for local registrations, marketing and sales in the licensed territories.

CEO – Branded Markets (India and Emerging Markets) of Dr. Reddy’s M. V. Ramana said the partnership is in line with the firm’s intent to create a portfolio of oncology products and expand biosimilar offerings in emerging markets. “The partnership will help combine Prestige BioPharma established expertise in the area of biosimilars with Dr. Reddy’s commercial strengths and growth ambition in these markets,” he said.

Medically Speaking Team

Recent Posts

ANTIBIOTIC MISUSE IN INDIA: HOW IT’S MAKING INFECTION TREATMENT MORE CHALLENGING

Antibiotic use has surged globally, leading to a rise in antibiotic resistance, especially concerning in…

6 hours ago

CHILD DIES FROM CHOKING ON CANDY: HOW TO SAFEGUARD AGAINST CHOKING HAZARDS IN YOUNG CHILDREN

Choking is a leading cause of injury and death in young children, particularly those under…

7 hours ago

Video: How Hard Water Leads to Hair Fall and Expert Tips to Combat It

Hard Water (Khara Pani) Leading To Hair Fall Hard water is rich in minerals and…

9 hours ago

“How High Blood Pressure During Pregnancy Is Rising: What Every Expectant Mother Should Know”

Discover how the rise in high blood pressure during pregnancy is impacting maternal and fetal…

9 hours ago

“Revitalize Your Weight Loss Journey: 6 Powerful Homemade Drinks to Naturally Melt Away Fat!”

"Discover the transformative power of six delicious homemade drinks that can help you naturally melt…

9 hours ago

“Revitalize Your Weight Loss Journey: 8 Powerful Fat-Flushing Drinks to Boost Your Results!”

"Transform your weight loss routine with these eight delicious fat-flushing drinks that not only hydrate…

9 hours ago