Bio-Thera and Dr Reddy’s sign biosimilars deal

1 April 2025

China's Bio-Thera Solutions (SHA: 688177) has entered into an exclusive commercialization agreement with India's Dr Reddy's Laboratories (NYSE: RDY) for two proposed biosimilars referencing Stelara (ustekinumab) and Simponi (golimumab).

The agreement grants Dr Reddy's commercial rights for BAT2206 and BAT2506 across Southeast Asian markets, including Indonesia, Thailand, and Vietnam. Additionally, Dr Reddy's secures exclusive rights to BAT2206 in Colombia.

Under the terms, Bio-Thera will oversee development, manufacturing, and supply of both biosimilars, while Dr Reddy's will manage regulatory submissions and commercialization in the specified territories.

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