A leading Polish biotechnology company has signed a long-term development and commercialization agreement with a wholly-owned Irish subsidiary of Netherlands-incorporated Mylan (Nasdaq: MYL).
Under the terms of the agreement, Mabion (WSE: MAB) grants Mylan exclusive rights to sell a biosimilar of Swiss pharma giant Roche’s cancer drug MabThera/rituximab (Mabion CD20) in all European Union countries and non-EU Balkan states. Mylan will support Mabion’s effort to secure approval of Mabion CD20 by the European Medicine Agency.
Deal worth a potential $45 million to Mabion
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