Indian drug major Cipla (BSE: 500087) will commercialize Prestige BioPharma’s biosimilar of the Roche (ROG: SIX) cancer drug Herceptin (trastuzumab) in certain emerging markets.
Prestige is a Singapore-based biosimilars company. The HD201 copy of Herceptin is its lead program and is currently in Phase III development ahead of planned filings in Europe and the USA in 2019.
Privately-owned US pharma company Alvogen will commercialize HD201 in central and eastern Europe in a deal that was announced earlier this year.
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