Sun Pharma agrees manufacturing deal for immunology candidate

4 July 2017

India's largest drugmaker Sun Pharmaceutical Industries (BSE: 524715) has entered into a manufacturing agreement with South Korea’s Samsung BioLogics regarding immunology candidate tildrakizumab.

Under the terms of the deal, Samsung BioLogics will manufacture tildrakizumab, an investigational monoclonal antibody being developed as a plaque psoriasis treatment.

The companies say the approximate value of the deal is $55.5 million.

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