EPIRUS and Livzon Mabpharm to develop biosimilars for China
EPIRUS Biopharmaceuticals (Nasdaq: EPRS) , a Boston-based biopharmaceutical company focused on the global development and commercialization of biosimilar monoclonal antibodies, has signed a royalty-bearing, multi-product collaboration agreement with Livzon Mabpharm, a Chinese biotechnology company focused on the development, manufacture, and sale of antibody-based drugs.
Livzon was also a principal investor in the $36 million private financing round EPIRUS closed in April 2014, prior to becoming a public company, through an all stock merger with Zalicus earlier this year.
Under the terms of the accord, EPIRUS and Livzon will work together to develop, manufacture and commercialize up to five biosimilar products.
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