Bio-Thera Follows Hikma Deal With Sandoz Bevacizumab Alliance

Hikma Ustekinumab Deal Signed In Late August; Sandoz Oncology Pipeline Boosted

Sandoz has plugged another gap in its off-patent oncology pipeline, from which the company has rolled-out four marketed oncology biosimilars, by bringing in Bio-Thera Solutions’ BAT1706 proposed biosimilar to Avastin, including in the US and Europe.

twin targets
BioThera has quickly out-licensed bevacizumab and ustekinumab • Source: Alamy

China’s Bio-Thera Solutions has quickly struck a second biosimilar licensing agreement with a major industry player, offloading rights to its BAT1706 proposed bevacizumab biosimilar to Sandoz in the US, Europe outside of Russia, Canada and “selected other countries” not covered by other partnerships.

Under the terms of the firms’ agreement, Sandoz noted, Bio-Thera Solutions will receive an upfront and milestone payments and is...

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