Amgen likely to target top-sellers in move to sell biosimilars in China
A bold deal announced this week has shown that Amgen (Nasdaq: AMGN) is not limiting its efforts to make a serious dent with its biosimilars to western markets.
The US biotech company has signed a deal with Chinese drugmaker Simcere Pharmaceutical Group to co-develop and commercialize four biosimilars in China.
"This partnership between a world-renowned biotechnology company and a leading Chinese pharma will help to accelerate development and launch of US and European-approved biosimilars in China"
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