Lupin and Nichi-Iko to commercialize biosimilar etanercept in Japan

19 June 2018

Indian pharma majorLupin (BSE: 500257) and Nichi-Iko (TYO: 4541) have entered into an agreement for the distribution, promotion and sale of Lupin’s recently-filed biosimilar etanercept (YLB113) in Japan.

The drug is a copy of Enbrel (etanercept), Amgen (Nasdaq: AMGN) and Pfizer’s (NYSE: PFE) immunology drug.

Developed by YL Biologics, a joint venture between Lupin’s subsidiary Lupin Atlantis Holdings SA (LAHSA) and Yoshindo, the product will be launched by Nichi-Iko after receiving approval from the Pharmaceuticals and Medical Devices Agency (PMDA).

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