The biosimilar company Formycon AG (ISIN: DE000A1EWVY8/ WKN: A1EWVY) and Aristo Pharma GmbH, a pharmaceutical company registered in Berlin, have formed a joint company for the continued development of FYB202, Formycon's biosimilar candidate for Stelara®* (ustekinumab). Formycon owns 24.9 percent and Aristo Pharma 75.1 percent of the joint company called FYB202 GmbH & Co. KG. The parties agreed that following a pilot phase the further development costs as well as the existing project investments should be taken into account according to the amount of holding. Similarly, both companies should partake in the licensing revenues to be expected according to their snmtftwdbo ys jckgtkm.
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