Hikma Pharmaceuticals has reached a licensing agreement with South Korea-based Celltrion and Celltrion Healthcare for the first biosimilar monoclonal Antibody (mAb) in oncology to be granted European marketing authorisation, Truxima (rituximab).

Hikma now has exclusive agreements with Celltrion for three biosimilar products: Truxima (rituximab), Remsima (infliximab) and Herzuma (trastuzumab), in all its Middle East and North Africa (Mena) markets, said a statement.

By virtue of the agreement, Hikma has the exclusive rights to distribute and market Truxima (rituximab) in all of its Mena markets, leveraging Hikma’s strong local presence, biosimilar expertise, sales and marketing capabilities and regulatory expertise, it said.

Mazen Darwazah, vice chairman and CEO of Mena and Emerging Markets, said: “We are pleased to be adding Truxima to our biosimilar and oncology portfolio, building on the success of our partnership with Celltrion in the Mena region.”

“Global partnerships are an integral part of our strategy to enhance our portfolio in key therapeutic areas and increase patients’ access to high-quality, affordable medicines,” Darwazah added. – TradeArabia News Service