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Wuxi’s Binhu District Partners with Fresenius Kabi to Boost Healthcare Services
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The Binhu District People’s Government of Wuxi, Jiangsu province, China, has entered into a partnership with Fresenius Kabi, a German healthcare company, to enhance the medical and healthcare industry in the region. Financial details of the agreement were not disclosed. The collaboration aims to strengthen medical service capabilities and medical…
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Sinopharm and Fresenius Kabi Expand Partnership to Enhance Drug Distribution and Healthcare Services
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China’s state-owned Sinopharm Group Co., Ltd. (HKG: 1099) has announced a new partnership with Germany’s Fresenius Kabi, enhancing collaboration across various sectors including drug sales, warehousing and distribution, as well as big health, medical care, and wellness. Financial details of the agreement were not disclosed. This partnership marks a continuation…
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Dr. Reddy’s Launches Biosimilar Versavo in UK to Challenge Roche’s Cancer Therapy Avastin
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Dr. Reddy’s Laboratories (NYSE: RDY), a prominent Indian pharmaceutical company, has launched its biosimilar Versavo (bevacizumab) in the UK market, presenting a challenge to Roche’s established cancer therapy Avastin. Versavo, a biosimilar to Avastin, has been approved for the treatment of various metastatic cancers, including colorectal cancer, non-squamous non-small cell…
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Abbott Expands Biosimilars Portfolio with mAbxience In-License Agreement
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Abbott (NYSE: ABT) has announced the in-licensing of several biosimilar drugs from Spain-based biotechnology firm mAbxience for select markets in Latin America, Southeast Asia, the Middle East, and Africa. mAbxience, which had its majority stake acquired by German group Fresenius (ETR: FRE) from Argentina-based Insud Pharma last year, specializes in…
