Alvogen Strikes Deals For Pfenex’ Teriparatide

Meanwhile, Pfenex Reports Positive Results In US Equivalence Study

Alvogen has signed marketing deals with local firms in Canada, Israel and South Korea for the teriparatide drug it has licensed from Pfenex. In the US, Pfenex has just completed a human factors study it feels should support a therapeutic equivalence rating for its Forteo rival.

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Canada and South Korea, along with Israel, are the targets of Alvogen's latest licensing deals for teriparatide • Source: Shutterstock

Alvogen has entered into exclusive commercial agreements in Canada, Israel and South Korea for the PF708 teriparatide candidate developed by its partner Pfenex. The Icelandic company has struck deals for the rival to Eli Lilly’s Forteo osteoporosis drug with JAMP Pharma in Canada, with Kamada in Israel and with Pharmbio Korea Inc. in Korea.

Tamer Group’s SAJA, Alvogen’s marketing partner for PF708 in the Middle East and Africa, has submitted a marketing authorization application...

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