
Biocon Biologics, a fully integrated global biosimilars company and subsidiary of India’s Biocon Ltd (BSE: 532523), announced that it has secured full and exclusive global rights for Hulio (biosimilar adalimumab) from Fujifilm Kyowa Kirin Biologics (FKB).
Under this new agreement, Biocon Biologics will assume end-to-end responsibility for manufacturing and commercialization along with rights for any additional development activities.
The new agreement supersedes the existing collaboration agreement between Biocon Biologics and FKB for biosimilar adalimumab, marketed by AbbVie (NYSE: ABBV) as Humira, under which Biocon Biologics only had commercialization rights.
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