Richter and Hikma extend alliance to US biosimilars market
Hungary's largest drugmaker Gedeon Richter (RICHT: HB) has reached a deal with London-listed drugmaker Hikma Pharmaceuticals (LSE: HIK), out-licensing biosimilar denosumab for commercialization in the USA.
Denosumab is the active ingredient of US biotech giant Amgen’s (Nasdaq: AMGN) Prolia and Xgeva.
Richter is developing two products for the treatment of osteoporosis and fractures due to bone metastasis, respectively. These candidates are currently in global Phase I and Phase III clinical testing.
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