Mundipharma Acquires Cinfa Biotech for Expansion of its Biosimilar Portfolio
Shots:
- 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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