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Company
Severe asthma biologic 'Nucala' available in the 'Big 5'
by
Eo, Yun-Ho
Sep 24, 2024 05:46am
Product photo of GSK The biologic antibody drug 'Nucala' is now available for prescription at tertiary general hospitals. According to industry sources, GSK's Nucala (mepolizumab), a treatment for severe neutrophilic asthma, has passed the drug committees of the 'Big 5' tertiary hospitals, including Samsung Medical Center, Seoul University Hospital, Seoul Asan Medical Center, and Sinchon Severance Hospital, and Seoul St. Mary's Hospital. After being listed to the reimbursement list in November, this drug is becoming more widely available in hospitals. Nucala is an anti-interleukin (IL)-5 that reduces counts of neutrophils, a type of white blood cell contributing to asthma. It can be prescribed to ▲patients with neutrophil counts of 150 cells/㎕ or more at the start of treatment ▲adult patients with severe neutrophilic asthma who have neutrophil counts of 300 cells/㎕ or more within 12 months of treatment as an add-on maintenance therapy. The efficacy of Nucala has been demonstrated through the Phase 3 DREAM, MENSA, and SIRIUS studies. The MENSA study results were published in NEJM in 2014. The study involved patients with severe asthma who had worsened symptoms despite the previous use of several agents, such as high-dose inhaled corticosteroids (ICS). The investigators enrolled patients with neutrophil counts of 150 cells/㎕ or more (300 cells/㎕ or more a year before) at the time of the initial screening test. The patients were given mepolizumab or placebo, and they were monitored for annual rate of worsened symptoms. The results showed that patients administered an intravenous injection of mepolizumab 75 mg had a 47% reduction in the annual rate of worsened symptoms compared to the placebo group. The patients administered a subcutaneous injection of mepolizumab 100 mg had 53% reduction in the rate. Furthermore, the quality of life improved, and patients had higher satisfaction with asthma control than the placebo group. The SIRIUS study involved patients who use oral corticosteroids (OCS) and evaluated the changes in OCS dosage after 20-24 weeks of mepolizumab treatment. The study results showed that the mepolizumab 100 mg patient group had a 50% reduction in the OCS dose compared to the placebo group and significantly improved asthma control satisfaction and quality of life evaluation. The study was the first research to prove that an antibody drug can reduce OCS dosage. It was published in the European Respiratory Journal (ERJ) in 2014. Meanwhile, drugs with similar mechanisms to Nucala are Teva-Handok's 'Cinqair (reslizumab)' and AstraZeneca’s 'Fasenra (benralizumab).' Cinqair was listed to the reimbursement list at the same time as Nucala, and Fasenra was listed since July.
Company
Hugelsets sights on Indonesia with botulinum toxin Letybo
by
어윤호
Sep 23, 2024 09:40am
Hugel and its Indonesian partnerParvus host a launch event of botulinum toxin Letybo at Shangri-La JakartaHugel Inc., a leading global medical aesthetics company, said on Monday it had hosted a launch event of Letybo last week at Shangri-La Jakarta in Indonesia, the second-largest medical aesthetics market in Southeast Asia, to promote the clinical efficacy of the botulinum toxin. The event comprised online and on-site lectures on techniques and trends of Letybo treatment. The lectures were led by Dr. Konstantin Frank, a plastic surgery resident at Ocean Clinic, Marbella in Spain, and medical aesthetics industry leaders in Indonesia. Prior to the launch event, Hugel conducted a hands-on workshop on the safe and effective treatment of botulinum toxin for local doctors. Dr. Frank delivered an anatomy lecture on Letyboinjection for Asians and performed live demonstrations for around 350 healthcare and medical professionals. “We are pleased to have launched our premium botulinum toxin product Letybo in Indonesia, Southeast Asia’s second-largest medical aesthetics market after Thailand. Hugel will continue to engage with local practitioners through seminars and workshops for promotion ofLetybo’s prowess,” a Hugel official said.
Company
Why royalties for Yuhan’s Leclaza were reduced $300mil
by
Chon, Seung-Hyun
Sep 23, 2024 05:51am
The maximum contract amount for Leclaza, which was licensed out to Janssen by Yuhan Corp, has been reduced by USD 350 million. This reduction was due to the termination of research to develop Leclaza as a next-generation anti-cancer drug. Yuhan Corp received USD 210 million as upfront payment and development and approval milestones for the licensing agreement and is eligible to receive up to USD 740 million upon further development and sales. Pic of Yuhan Corp headquartersOn the 20th, Yuhan Corp publicly announced that the maximum deal for Leclaza’s technology transfer agreement with Janssen Biotech has been reduced by USD 350 million (KRW 406.5 billion) from USD 1.255 billion to USD 950 million. The company explained that the reduction was due to “partial corrections to the agreement due to the termination of collaborative research and development of next-generation (4th generation) EGFR (epidermal growth factor receptor) targeted anticancer therapy.” In November 2018, Yuhan Corp licensed out its anti-cancer drug Leclaza to Janssen Biotech. The total value of the agreement, including a non-refundable upfront payment of USD 50 million, amounted to USD 1.25 billion. The term of the agreement is from the date of the agreement until the expiration of the country-specific patent rights or 12 years from the date of the first commercial sale in each country, whichever comes later. The technology transfer agreement also included rights to develop a fourth-generation EGFR tyrosine kinase inhibitor (TKI). Third-generation EGFR TKIs were primarily developed for the treatment of NSCLC with EGFR gene mutations, most notably the T790M mutation. The T790M mutation occurs in patients who show resistance to existing first- and second-generation EGFR TKIs. According to the company, 4th generation EGFR TKIs target a broader genetic mutation profile than existing EGFR TKIs as they selectively inhibit key mutations that lead to resistance to 1st to 3rd generation EGFR TKIs. Janssen had studied the combination of the 3rd generation EGFR-targeted cancer drug Leclaza and Johnson & Johnson's bispecific antibody amivantamab. Janssen successfully completed the clinical trial for Leclaza in combination with amivantamab and received U.S. Food and Drug Administration (FDA) approval last month for the combination of Leclaza and Rybrevant as a first-line treatment for adult patients with locally advanced or metastatic NSCLC who have a confirmed EGFR exon 19 deletion or exon 21 L858R substitution mutation. “The significant reduction in the incidence of secondary resistant EGFR mutations in patients treated with the Leclaza and amivantamab combination reduces the need for further development of a 4th generation EGFR TKI,” the company said. In other words, the company explained the combination of Leclaza and amivantamab has been so effective that it has ended attempts to develop a next-generation drug. Yuhan has received a total of USD 210 million from Janssen since licensing out Leclaza. In November 2018, Yuhan received a USD 50 million upfront payment for the transfer of Leclaza’s technology. In April 2020, Yuhan received a USD 35 million milestone payment from Janssen. At the time, Johnson & Johnson paid Yuhan the additional milestone payment for initiating a clinical trial for the Rybrevant and Leclaza combination. In November 2020, Johnson & Johnson paid an additional USD 65 million milestone to Yuhan Corp when it started subject recruitment for the trial. Yuhan Corp will also receive an additional USD 60 million in technology fees for the FDA’s approval of Leclaza. Of the total license fee revenue, 40% is paid to the original developer, Oscotec. In 2016, the company acquired the rights to develop the preclinical drug Leclaza from Oscotec and its subsidiary Genosco. The total value of the agreement had been KRW 1.5 billion. Of the amount, KRW 1 billion was set to be paid within 30 days of the signing of the agreement and KRW 500 million was to be paid after the approval of Phase I clinical trials. Additional milestone payments of up to USD 740 million (KRW 984.2 billion) still remain as future development and sales milestones for Leclaza. Yuhan Corp is also currently independently conducting a global Phase III clinical trial for Leclaza. Janssen did not participate in the trial.
Company
Will the high-priced Hemgenix be reimbursed in Korea?
by
Whang, byung-woo
Sep 23, 2024 05:50am
The reimbursement listing process for Hemgenix (etranacogene dezaparvovec-drlb), a 'one-shot' treatment for hemophilia B that shows its effect as a single dose that received domestic approval recently, has been gaining attention in Korea. Pic of Hemgenix According to industry sources on the 21st, the Ministry of Food and Drug Safety (MFDS) recently approved CSL Behring Korea's hemophilia B gene therapy Hemgenix for the treatment of hemophilia B in adults. Hemgenix is used to treat moderate-to-severe hemophilia B (congenital blood clotting factor IX deficiency) in adults without a history of Factor IX inhibitors. Hemophilia is divided into two types, hemophilia A and hemophilia B, based on differences in the distribution of blood clotting factors VIII and IX, and the treatment approach differs depending on the type. Hemophilia B is a congenital bleeding disorder caused by a single gene defect and is caused by a deficiency in coagulation factor IX (blood coagulation factor 9), a protein that helps blood coagulation and is mainly produced in the liver. According to the 2019 White Paper on Hemophilia, the total number of hemophilia patients in Korea was 2,509, of which 1,746 (69.6%) were hemophilia A and 434 hemophilia B patients. Hemgenix delivers a functional gene that activates the production of blood clotting factor IX, enabling patients to produce factor IX on their own, and can reduce bleeding continuously in the long term with just a single injection. The recent availability of extended half-life therapies for hemophilia B has increased the convenience of prophylaxis. While the standard half-life therapies required 104 days of administration per year (based on twice-weekly infusions), the newer extended half-life agents are administered once every 7 to 14 days. However, the newer therapies have limitations despite the increased convenience due to the need for continuous treatment and the unavailability of a cure. In this context, the company is expected to apply for Hemgenix’s reimbursement focusing on the fact that it only needs to be administered once. According to industry sources, CSL Behring Korea is preparing to apply for reimbursement of Hemgenix. The company is expected to apply as early as the first half of next year. In the US, the drug is priced at KRW 4.7 billion (USD 3.5 million), making it virtually impossible for patients to pay on their own, so the company’s reimbursement challenge was naturally the next step. A pharmaceutical industry insider said, “There is a consensus among industry insiders that it would not be easy for CSL Behring Korea to receive reimbursement due to Hemgenix’s very high price. However, as the benefits provided by the drug are clear, the company will likely take a multifaceted approach for its reimbursement in Korea.” If and when the company applies for reimbursement, it is expected to emphasize Hemgenix’s role as a one-shot treatment. While hemophilia B may not be considered life-threatening, patients can die from cerebral or organ bleeding, therefore the company may appeal to the drug’s value as a next-generation treatment that prevents the risks associated with regular intravenous infusions. “Hemgenix offers a unique and innovative approach that enables patients to produce their factor XI, and can fundamentally change the hemophilia treatment paradigm,” said Ki-Woon Kim, CEO of CSL Behring Korea. The issue is in its price. CSL Behring Korea's other hemophilia B drug, Idelvion (albutrepenonacog alfa), is priced at KRW 1,800 per IU/vial, from the lowest 250 IU/vial to the highest 2,000 IU/vial. Hemgenix’s dose is first determined based on age (below 12 or 12 years and older) and then applied a formula to determine the dosage based on body weight. For example, an 80kg patient with severe hemophilia B whose levels are approximately 50% of the normal level would require 3,080 IU of treatment. Simple calculation shows that this translates to 17.4 doses of Idelvion per year, which is a significant difference when comparing the U.S. drug price, even when considering its lifelong use. However, there are variables, such as the fact that the ultra-high priced drugs listed in Korea were given a price lower than those abroad. “At this point, we believe the biggest hurdle in reimbursement will be the burden of drug price on Korea’s national health insurance finances,” said a pharmaceutical industry official. “We expect CSL Behring Korea's track strategy and how convincing the therapeutic benefit and need of Hemgenix is to the government will be the key to its reimbursement in Korea.”
InterView
"An OTC drug increases lymphedema patient satisfaction"
by
Kim, Jin-Gu
Sep 23, 2024 05:50am
Lymphedema occurs when the body's flow of lymph fluid is disrupted. Due to a particular reason, the build-up of lymph fluid between cells causes swelling and hardening of fatty tissues in the arms and legs. Unfortunately, the number of medicines for treating lymphedema is limited. Therefore, there are unmet needs in clinical practices. Hence, Ha Suk Bae, Director of the Lymphedema Center at Ewha Womans University Mokdong Hospital, draws attention to 'Newbein (troxerutin).' Bae said, "We recommend this drug to patients with lymphedema who visit our hospital," adding, "Although it was approved as an over-the-counter (OTC) drug, we prescribe it because Newbein provides administration convenience and is more effective than the existing drugs." Despite a variety of treatment methods, the number of drugs is limiting…"in search for better drugs" Lymphedema commonly occurs in patients undergone cancer surgeries. For example, those who have breast cancer. During the procedure of removing cancer tissues, a portion of lymph nodes is removed, and this causes disruptions to the lymphatic system, leading to swelling of arms. Ha Suk Bae, Director of the Lymphedema Center at Ewha Womans University Mokdong Hospital. There are several treatment methods for lymphedema. Lymphedema bandaging, which applies a compression wrap to the lymphedema area, is combined with exercise therapy or massage therapy. It may be treated with surgeries. However, the number of medicines is limited. Medicines that help the vein and lymph circulation are often used, but there aren't many types. Most drugs cause patient inconvenience because they are orally administered three times a day. Such limitations have raised concerns for Bae. Bae attempts to find new medicines to assist in treatment courses. Bae explained, "For example, Breast cancer patients have to focus primarily on cancer treatment because cancer has to be immediately removed and to save their lives," adding, "This is the reason why there aren't many lymphedema medicines." Bae said, "However, patients have lives after the cancer treatment. When patients experience lymphedema after recovering from cancer, it substantially reduces the quality of life," adding, "I was hoping that medicines that can easily be administered are available considering that patients have to manage lymphedema their whole life." Drug containing troxerutin…"prescribing this drug raises patient satisfaction" Bae started reviewing drug approval documents in South Korea and overseas in search of a better drug. He sighted an OTC drug containing troxerutin. The Ministry of Food and Drug Safety (MFDS) approved the drug for the use of 'improving swelling and pain in lower part of the body (legs) due to vein and lymph circulation disruptions.' Although it is a vein circulation enhancer, Bae was hoping that it would be effective in lymphedema. Bae also reviewed research articles and found that troxerutin works in the inner wall of micro vessels, reducing permeability, and lowering the burden on the lymphatic system. Additionally, Bae found research showing that troxerutin can alleviate swelling by reducing the protein content rise that often occurs in lymphedema. Troxerutin prevents neutrophils and platelets from attaching to the inner wall and inhibits excessive aggregation of red blood cells. It also inhibits damaging substances in vascular endothelial cells and improves the elasticity of blood vessels. In this process, venous flow becomes smoother, and lymphatic circulation improves. Troxerutin seems adequate for lymphedema and edema of the lower body caused by varicose veins. After securing these grounds, Bae recommended an OTC drug containing troxerutin for patients with lymphedema. Bae explained that in addition to alleviating edema symptoms, the drug also increased patients' satisfaction compared to the existing drug. Bae said, "Because troxerutin drugs introduced in South Korea are in liquid formulation, taking these drugs is convenient. It has the advantage of taking the drugs once daily," adding, "Hence, patient satisfaction is high." "In our hospital, we recommend these drugs to patients with lymphedema. OTC drugs are not usually prescribed in hospitals, but we have been prescribing these drugs because troxerutin drug is quite effective in treating lymphedema," Bae added. This drug has been prescribed at four general hospitals and Ewha Womans University Mokdong Hospital. Bae emphasized that he hopes this drug will be used in more patients. Bae stated he would announce it through Ewha Womans University Mokdong Hospital. Bae said, "Not many doctors are familiar with this drug. I hope more patients can access this drug."
Company
Will restrictions on oral SMA drug Evrysdi be lifted?
by
Eo, Yun-Ho
Sep 23, 2024 05:50am
Whether the prescription restrictions set on the oral spinal muscular atrophy (SMA) treatment ‘Evrysdi’ may be lifted is gaining attention in Korea. According to Dailypharm coverage, Roche Korea applied to expand the reimbursement of its SMA treatment Evrysdi (risdiplam), which is currently allowed up to 2 bottles per day, and the agenda is currently under review by the Korea Health Insurance Review and Assessment Service. The need to expand Evrysdi’s reimbursement coverage has been continuously raised not only by the pharmaceutical company but also by prescribers on-site. In fact, relevant academic societies and patient organizations have also submitted their statements to HIRA. Spinraza is currently reimbursed for the treatment of 5q Spinal Muscular Atrophy in patients who received a genetic diagnosis of 5q SMN-1 deficiency or mutation that ▲ have 3 or fewer copies of SMN2 even before the onset of symptoms, and are less than 6 months old at the time of treatment initiation; or ▲ have SMA types 1-3 with clinical symptoms and signs related to SMA and are not on permanent ventilation. However, the prescription volume restriction under the then-new reimbursement standards has resulted in unmet patient demand on-site. According to the reimbursement standards, Evrysdi is prescribed on an in-patient basis and is allowed a maximum of 2 bottles per prescription for long-term use. This is enough for adolescent and adult patients weighing 20kg or greater to take for about 3 weeks, which poses a challenge for patients with limited mobility and their caregivers to visit the hospital once every three weeks to refill their prescriptions. In addition, additional visits to perform motor function assessments are required to continue receiving the medication, which may require more frequent visits than the reimbursement standards, increasing the burden on patients and their caregivers. Oral medications have the advantage of being oral - therefore being easy to take - which can significantly reduce the burden of hospital visits. However, it has been noted that the restriction set on the prescription volume may serve as a barrier for patients in need of oral medications. Therefore, the industry’s eyes are focused on whether the reimbursement standards for Evrysdi may be improved this time. Currently, Evrysdi is the only oral option available in the SMA space, with Biogen's Spinraza (nusinersen) and Novartis' Zolgensma (onasemnogene abeparvovec-xioi) being prescribed for SMA in Korea.
Policy
AZ's bispecific ab 'Rilvegostomig' vs Keytruda trial
by
Lee, Hye-Kyung
Sep 20, 2024 05:51am
A Phase 3 trial comparing a combination therapy containing 'Rilvegostomig (Trial name: AZD2936),' AstraZeneca's bispecific antibody gathering attention as the next-generation medicine, to 'Keytruda (pembrolizumab),' a type of immunotherapy drug used to treat cancer, will be conducted in South Korea. The Ministry of Food and Drug Safety (MFDS) has approved a Phase 3, randomized, double-blind, multicenter, and global ARTEMIDE-Lung03 study, evaluating Rilvegostomig or pembrolizumab in combination with platinum-based chemotherapy as first-line treatment for patients with metastatic non-squamous PD-L1-positive metastatic non-small cell lung cancer (NSCLC). Rilvegostomig is a PD-1/TIGIT targeting bispecific antibody that AstraZeneca acquired from Compugen, a company specializing in developing bispecific antibodies. The drug targets PD-1 and TIGIT, which are receptors that inhibit anti-cancer T-cell activities. The Phase 3 trial is being conducted worldwide, enrolling 858 patients. In South Korea, the MFDS approval grants the study to enroll 50 patients at Seoul National University, Severance Hospital, Seoul Asan Medical Center, Samsung Medical Center, Seoul St. Mary's Hospital, Seoul National University Bundang Hospital, and Seoul Boramae Hospital. The current clinical trial is a follow-up study of 'ARTEMIDE-Lung01' and 'ARTEMIDE-Lung02' to evaluate the safety of Rilvegostomig. Keytruda will be used as a control drug to Rilvegostomig, and platinum-based chemotherapy (carboplatin, paclitaxel, and lead-paclitaxel) will be used in combination. Participants will use Rilvegostomig 750 mg or Keytruda 200 mg in combination with the participant's choice of a platinum doublet chemotherapy for the first 4th cycle, administering a single dose infusion every 3 weeks. When the patients do not show clinically significant infusion response within 21 days after the second blinded trial treatment, the investigator will choose to immediately administer pemetrexed upon the completion of the blinded trial treatment, followed by administration of cisplatin and carboplatin in all other cycles. AstraZeneca has been conducting the global Phase 3 trial of Rilvegostomig in South Korea for bile duct cancer and NSCLC. Meanwhile, the data from Rilvegostomig's Phase 1/2 ARTEMIDE-01 study (NCT04995523), presented at the 2024 IASLC International Lung Cancer Summit, have shown that the drug induces continual responses and favorable drug tolerance in patients with metastatic NSCLC. When the patients were given a dose of Rilvegostomig 750 mg every 3 weeks in those with PD-L1 tumor proportion score (TPS) of 1%-49% (n=31), it resulted in an overall response (ORR) of 29%, with 38.7% continuing treatment at the time of data cutoff.
Company
Peter Trang will head Business Operations at Takeda Korea
by
Whang, byung-woo
Sep 20, 2024 05:51am
Peter Trang, Head of Business Operations, Takeda Korea On the 19th, Takeda Korea announced that it appointed Peter Trang from Australia as the new Head of Business Operations. The new head joined Takeda Pharmaceuticals Australia in 2016 as Business Insights Manager, then moved on and became the Strategy Lead of the Growth & Emerging Markets Business Unit (BU), which oversaw operations in more than 30 countries, including Australia. In this role, he developed geographic, commercial, and long-term strategies, including post-merger strategy and franchise-specific strategic direction and guidance for the Growth & Emerging Markets BU, helping Takeda build a differentiated portfolio and contributing to the double-digit growth of the Growth & Emerging MarketsBU countries. Takeda Korea’s Business Operations analyzes corporate capabilities and sets goals from a company-wide perspective. Building on his global experience, Trang is expected to help shape and direct Korea's contribution to Takeda's global presence, which is spread across over 80 countries, through business planning, performance management and evaluation, issue and resource management, and by securing a sustainable pipeline. “Our unit will actively support other business units to build capabilities for a better future in the ever-changing environment, and make every effort to bring innovative medicines to patients in Korea,” said Peter Trang, the new Head of Business Operations at Takeda Korea. “Drawing on my experience in the Growth & Emerging MarketsBU, I will make the best efforts to bring positive influence to patients in Korea. “We see Mr. Trang’s appointment as an opportunity to strengthen the company’s organizational capabilities as it brings together business planning and strategic planning, which are like interlocking cogs in a wheel,” said Donghoon Lee, Director of Human Resources at Takeda Korea. ”We believe his appointment will serve as a driver of growth, building on the flexible and collaborative organizational culture that Takeda Korea has established over the years, to create an environment that enables us to work organically and agilely with our headquarters.” Meanwhile, Sehee Lee, who had been leading both the Business Planning Department and the Data, Digital & Technology Department, will now dedicated to leading the company's digital transformation efforts. Lee will continue to lead the company's digital transformation efforts to unlock the value of data and digital to deliver exceptional experiences for patients and customers and embed digital strategies into the business to drive sustainable growth and productivity for the organization.
Company
Ipsen Korea appoints Yang mi-sun as new CEO
by
Eo, Yun-Ho
Sep 20, 2024 05:51am
Ipsen Korea named Yang Mi-sun as the new CEO. Ipsen Korea has appointed Yang Mi-sun, AstraZeneca Korea’s former Business Unit Director, as the new Chief Executive Officer (CEO). Sources said that Ipsen Korea has appointed its new CEO, replacing former CEO Audrey Schweitzer after the end of her term. Audrey Schweitzer has been in charge of Ipsen Korea since 2021. Yang is an industry specialist with extensive knowledge and 20 years of experience working in Korean and overseas pharmaceutical companies. Yang obtained a degree from Chung-Ang University College of Pharmacy and has held positions for various medicines in South Korean and overseas pharmaceutical companies, including Samil-Pharm, Bayer, and MSD, since 2000. Yang worked at MSD Korea for 10 years since 2008, where she was responsible for respiratory disease marketing and served as Specialty Business Unit Manager and anti-cancer agent marketing manager. Yang brings broad experience and understanding of sales and marketing of various diseases. Yang served as a Business Unit Head for HIV & Antifungal Business and Digital marketing at Gilead Sciences in 2017, and she previously led the anti-cancer business unit at AstraZeneca Korea since 2021 before the current appointment. Meanwhile, Ipsen was established in 1929 in France. The company focuses on medicines for cancer, rare diseases, and neuroscience. Since late 2010, Ipsen has been trying a new approach by acquiring biopharmaceutical companies specializing in rare diseases and neuroscience. In 2017, Ipsen acquired U.S.-based Merrimack Pharmaceuticals, the developer of the metastatic pancreatic cancer treatment Onivyde, for US$1.25 billion (around KRW 1.65 trillion). In February 2019, Ipsen acquired Clementia Pharmaceuticals, a biotech venture specializing in rare bone diseases, for US$ 1.3 billion (around KRW 2 trillion).
Company
Inventage Lab to codevelop a long-acting injectable with BI
by
Lee, Seok-Jun
Sep 20, 2024 05:51am
Inventage Lab (CEO Ju-Hee Kim) announced on the 19th that it has signed an agreement with Boehringer Ingelheim, a German multinational pharmaceutical company, to co-develop a long-acting injectable formulation for a new peptide drug. Inventage Lab will develop a long-acting injectable formulation based on Boehringer Ingelheim's drug candidate and supply samples for preclinical trials. Following Boehringer Ingelheim's internal evaluation process, the two companies will collaborate on clinical development and enter into a global supply agreement for joint response to clinical development, clinical sample manufacturing, and commercialization. After the product launch, a separate agreement may be signed for the technology transfer of the manufacturing platform to support global market expansion. Inventage Lab’s platform utilizes high-quality polymer microspheres to create long-acting injectable formulations. It is a formulation platform that can achieve long-lasting effects while minimizing the side effects of the drug (API). The fact that Boehringer Ingelheim, with its expertise in technology procurement and high standards of validation, decided to partner with Inventage Lab for this important development project, proves the differentiated technological level of the IVL-DrugFluidic® platform technology in the global market. An official from Inventage Lab said, “This co-development project has significance as it is not a typical case of a biotech company proposing a specific pipeline to a major pharmaceutical company, but the Big Pharma’s selecting a technology supplier and advancing the formulation based on the Big Pharma’s own demand and needs”
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