Dr. Reddy’s Laboratories and Merck Serono Join Forces
India’s Dr. Reddy’s Laboratories and Merck Serono, a division of Merck Germany, recently announced a partnership to co-develop biosimilars, focusing primarily on monoclonal antibodies (MAbs) targeting cancer.The partnership covers co-development, manufacturing and international commercialization. It will capitalize on Dr. Reddy’s current biosimilars market in certain emerging markets while allowing the two companies to expand globally.
Industry trends toward increased development of biologics and biosimilars has provided greater incentive for more of this type of collaboration. By working together, Merck Serono and Dr. Reddy’s will be able to extend their reach into more international markets. Each one brings their expertise to the partnership, Merck Serono their experience with developing and manufacturing biologics, and Dr. Reddy’s experience with biosimilars and generics, and their knowledge of emerging markets.
The plan is that Dr. Reddy’s will lead early product development and complete Phase I development and Merck Serono will take over manufacturing of the compounds and will lead Phase III development. Merck Serono will undertake commercialization globally, outside the US and with the exception of select emerging markets which will be co-exclusive or where Dr. Reddy’s maintains exclusive rights. Not only do both companies benefit from the merger, but by co-developing and manufacturing their products they will be able to provide greater access to treatment.
About Language Connections:
Language Connections is one of the top language service companies in the US. Over the last 30 years, we’ve focused on providing the best business translation services, interpreting services, as well as interpreter training and customized language training programs. In addition to top-tier corporate language training, we offer certified corporate interpreters and professional business translation services in 200+ languages. Our network includes linguists with backgrounds in all major industries. They’re ready to meet your needs, whether they’re for technical translation services, legal translation, government translation services, international development translation services, education translation services, life sciences translation, or something else. Reach out to us today for a free quote on our cost-efficient and timely translation services, interpreters, or other linguistic services.
Language Connections Inc.
2001 Beacon Street, Suite 105,
Boston, MA 02135
Phone: +1-617-731-3510
Email: service@languageconnections.com