Following USA-based JSR Life Sciences’ launch of Similis Bio in May this year as a biosimilar partner, the new unit has signed its first development and license agreement, which is with Brazilian drugmaker Blau Farmacêutica.
The contract, valued at more than $100 million, is a multi-product and multi-year deal to develop products and licenses intellectual property (IP) for four biosimilar assets targeting indications in oncology, inflammation, and blood disorders. Specific products are not identified.
The partnership supports Blau’s move into the biosimilars market and the upcoming launch of its biosimilar business in North and South America.
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