Lupin Limited has entered into a strategic partnership with Sandoz Group AG to commercialize its biosimilar ranibizumab across the European Union, Switzerland, Norway, Australia, Hong Kong, Vietnam, and Malaysia.
Under the agreement, Sandoz will handle commercialization while Lupin maintains responsibility for manufacturing and regulatory submissions, with Sandoz holding exclusive marketing rights in most markets except France, Australia, Vietnam, and Malaysia.
The biosimilar ranibizumab targets multiple retinal conditions including neovascular age-related macular degeneration, diabetic macular edema, and retinal vein occlusion-related macular edema.
A separate agreement grants Sandoz sole commercialization rights for the biosimilar in Canada, expanding the partnership's global reach for this VEGF-A inhibitor therapy.