Fresenius Kabi AG

03/18/2024 | Press release | Distributed by Public on 03/18/2024 03:06

Fresenius Kabi and Formycon reach settlement agreement for ustekinumab biosimilar candidate

Fresenius Kabi and Formycon announced today that they have reached a settlement agreement with Johnson & Johnson for FYB202, a proposed ustekinumab biosimilar to Stelara®* in Europe and Canada. The terms of the settlement are confidential.

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The agreement falls in line with Fresenius Kabi's recent milestones in its Biopharma segment. The company has a track record of successful market entries in countries around the world. Fresenius Kabi's consistently growing biosimilars portfolio is focused on oncology and immunology and set to bringing high-quality, affordable, and accessible treatment options to patients as well as healthcare providers in line with #FutureFresenius.
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* Stelara® is a registered trademark of Johnson & Johnson

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Fresenius Kabi and Formycon announced today that they have reached a settlement agreement with Johnson & Johnson for FYB202, a proposed ustekinumab biosimilar to Stelara®* in Europe and Canada. The terms of the settlement are confidential.

The agreement falls in line with Fresenius Kabi's recent milestones in its Biopharma segment. The company has a track record of successful market entries in countries around the world. Fresenius Kabi's consistently growing biosimilars portfolio is focused on oncology and immunology and set to bringing high-quality, affordable, and accessible treatment options to patients as well as healthcare providers in line with #FutureFresenius.

* Stelara® is a registered trademark of Johnson & Johnson

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