Intas, Axantia ink agreement to commercialise Ranibizumab in Middle East

Ahmedabad: Intas Pharmaceuticals Ltd has signed an exclusive license and supply agreement with Axantia Holding in the Middle East operating through its pharmaceutical subsidiaries; Pharma International Pharmaceutical & Chemical Manufacturing Co Ltd and Med City Pharmaceutical Industries for Ranibizumab (biosimilar of Lucentis). Under the terms of this agreement, Axantia will register, hold the marketing authorisation and commercialise Ranibizumab in certain territories including Saudi Arabia, Jordan, Iraq, Lebanon and GCC countries.

Intas has developed a biosimilar of Lucentis, which is currently under Phase III global trial for submission in major countries including EMA & the US.

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