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Mundipharma Acquires Cinfa Biotech for Expansion of its Biosimilar Portfolio

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Mundipharma Acquires Cinfa Biotech for Expansion of its Biosimilar Portfolio

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  • Mundipharma acquires all shares of the parent company of Cinfa- Infarco including Pelmeg (pegfilgrastim- biosimilar) having global market value $4.5B
  • The acquisition focuses on expansion of biosimilar platform by developing multiple biosimilars indicated across various therapy areas
  • Pelmeg is a granulocyte-colony stimulating factor (GCSF) used for the treatment of CT-induced neutropenia and also received CHMP approval on 20th Sep- 2018

Ref: Mundipharma | Image: Pro Biosimilars 

 

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