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Formycon AG Fraunhoferstraße 15 82152 Martinsried/Planegg, Germany http://www.formycon.com
Contact Mr Thorsten Schüller +49 89 864667150
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Formycon AG

Formycon and Aristo Pharma are Founding a Joint Venture for the Development of FYB202

Formycon is involved with 24.9 percent of the development costs and potential licensing revenues from the marketing of FYB202 / Development of the biosimilar candidate up to approval planned

(PresseBox) (Munich, )
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 bqnpppwzui pk hgobdre.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.