JCR and Sumitomo link up on Fabry disease biosimilar
Japanese companies JCR Pharmaceuticals (TYO: 4552) and Sumitomo Dainippon Pharma (TYO: 4506) have agreed a marketing alliance for the Fabry disease treatment agalsidase beta BS IV infusion at 5mg and 35mg in Japan.
Sumitomo Dainippon will exclusively begin marketing and distributing the product within the second quarter of fiscal 2022 by receiving supply of it from JCR.
As well as making an undisclosed upfront payment under the terms of the agreement to JCR, Sumitomo Dainippon may make sales milestone payments depending on achievement of sales targets.
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