
Germany’s Formycon (FSE: FYB) saw its shares rise 10% to 25.25 euros by early afternoon, after its and partner Klinge Biopharma announced a settlement and license agreement with the USA’s Regeneron (Nasdaq: REGN).
The accord resolves all patent disputes related to its Food and Drug Administration (FDA)-approved Eylea (aflibercept) biosimilar for the US market. Under the terms of the agreement, licensee Valorum can launch Ahzantive in the USA in the fourth quarter of 2026, or potentially earlier under certain circumstances.
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