Hyphens Pharma International, Singapore’s leading specialty pharmaceutical and consumer healthcare group, says that its subsidiary, Hyphens Pharma Pte has signed an exclusive license and supply agreement with DKSH’s subsidiary, Favorex Pte to commercialize the ustekinumab biosimilar produced by Alvotech (SWX: DKSH), in Singapore, Malaysia, and the Philippines.
The proposed Ustekinumab biosimilar, which is undergoing clinical studies, is a human monoclonal antibody that targets interleukin-12 (“IL-12”) and interleukin-23 (IL-23) for the treatment of immune mediated disorders like plaque psoriasis, psoriatic arthritis and Crohn’s disease.
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