Richter and Hikma extend alliance to US biosimilars market

9 December 2021

Hungary's largest drugmaker Gedeon Richter (RICHT: HB) has reached a deal with London-listed drugmaker Hikma Pharmaceuticals (LSE: HIK), out-licensing biosimilar denosumab for commercialization in the USA.

Denosumab is the active ingredient of US biotech giant Amgen’s (Nasdaq: AMGN) Prolia and Xgeva.

Richter is developing two products for the treatment of osteoporosis and fractures due to bone metastasis, respectively. These candidates are currently in global Phase I and Phase III clinical testing.

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