Rise in Collaborations Aiding Biosimilar Development
Partnerships are evolving rapidly and seem to drive the biosimilar market globally. The big pharmaceutical giants have been aggressively involved in certain agreements for early development of biosimilars soon as and when the product patent expire. Moreover, the companies have been expanding their reach and increasing their market share by the way of collaborations and agreements. For instance, Baxter International and Coherus Biosciences have entered into an exclusive collaboration to develop and commercialize a biosimilar to etanercept for Europe, Canada,...
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