Fresenius Kabi and Formycon latest to reach Stelara biosimilar deal with J&J
German companies Fresenius Kabi and Formycon (FYBX: GER) have reached a settlement with US healthcare giant Johnson & Johnson (NYSE: JNJ) for the USA, concerning FYB202, a proposed biosimilar to Stelara (ustekinumab).
The settlement allows Fresenius Kabi and Formycon to launch their product, once approved by the US Food and Drug Administration (FDA), no later than April 15, 2025.
"We are becoming a significant player in the evolving field of biosimilars"FYB202 is a human monoclonal antibody that targets the cytokines interleukin-12 and interleukin 23 for treatment of immune-mediated disorders.
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