Shots:
- Coherus has divested Yusimry under an asset purchase agreement to Hong Kong King-Friend Industry (HKF) granting it global rights & all relevant assets of Yusimry such as its development & regulatory outcomes for $40M upfront
- HKF has further granted the US commercial rights of the asset to Meitheal Pharmaceuticals (its subsidiary) under an exclusive license & supply agreement. Both the agreements will be effective, pending standard conditions & approvals
- Meitheal will develop pediatric presentations & a high-concentration (100mg/mL) formulation of Yusimry (available in prefilled syringe & autoinjector forms), with its approvals in other indications & formulation anticipated in 2025
Ref: Coherus and Meitheal Pharmaceuticals| Image: Coherus and Meitheal Pharmaceuticals | Press Release
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