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Avesthagen pact with Kemwell

Last Updated 13 May 2011, 16:31 IST

Life sciences firm Avesthagen, on Friday, said it has signed an agreement with Bangalore-based Kemwell Biopharma to leverage the latter’s expertise for large scale manufacture of biosimiliars.

As per the MoU, “Kemwell will perform technology transfer, process improvement, scale-up and manufacturing of pre-clinical, clinical and commercial material of Avesthagen biosimilars,” Avesthagen Ltd said in a statement.

Biosimilars are subsequent versions of innovator biopharmaceutical products made by a different firm following patent and exclusivity expiry on the innovator product.

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(Published 13 May 2011, 16:31 IST)

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