Alvogen?announces?exclusive?commercialization?agreements?in?South?Korea,?Israel?and?Canada?for?Teriparatide?(PF708)?
[caption id="attachment_9277" align="aligncenter" width="747"] Press Release[/caption]
- Distribution and marketing with leading regional players PharmBio, Kamada and Jamp
- A marketing authorization application for Teriparatide (PF708) has been submitted to the Kingdom of Saudi Arabia Food and Drug Authority
?We are very proud to announce strategic alliances with PharmBio, Kamada and Jamp, leading pharmaceutical companies. Through these partnerships, Alvogen gains access to strong commercial networks in South Korea, Israel and Canada, as well as deep marketing experience within their respective territories, which will ultimately benefit patients, giving them better access to high-quality biosimilars.? ?We are also very pleased with the latest submission for Teriparatide PF708 in Saudi Arabia with our partner Saja, which creates further momentum around our commercialization program through the global Alvogen network and prestige business partners.?About PF708?PF708 is being developed by Pfenex as a therapeutic equivalent candidate to Forteo?, which is approved and marketed by Eli Lilly for the treatment of osteoporosis in certain patients with a high risk of fracture. Forteo?/ Forsteo? achieved $1.6 billion in global product sales in 2018. PF708 is being developed pursuant to the 505(b)(2) regulatory pathway in the U.S. and received FDA approval in October and references Forteo? as the Reference Listed Drug. PF708 has been filed with the EMA using the biosimilar pathway and references Forsteo? as the Reference Drug.
- Forteo?/ Forteo? are trademarks of Eli Lilly