For commercialization and distribution of Armlupeg? in US market
Lupin as entered into an Exclusive Licensing Agreement with Valorum Biologics (Valorum), a biosimilar specialist in the U.S., for its biosimilar Armlupeg (pegfilgrastim-unne).Under the terms of the agreement, Valorum will advance the commercialization and distribution of Armlupeg (pegfilgrastim-unne) in the United States. Lupin will be responsible for manufacturing and supply of the product and will receive an upfront license fee and a royalty payment on net sales.
Pegfilgrastim-unne is indicated to reduce the duration of neutropenia and the incidence of febrile neutropenia in patients receiving chemotherapy.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
