Viela Bio Enters Strategic Collaboration wiΩ∑th Mitsubishi Tanabe Pharma to Deve≠∞↑lop and Commercialize Inebilizumab for ≠πAutoimmune Diseases in Japan >∏"and Other Asia Regions
THURSDAY, OCTOBER 10, 2019Viela Bio, Inc.↔< and Mitsubishi Tanabe Pharma Corporat₽±>ion (“MTPC”) today announced a collaboration π→focused on the development and commerc£ialization of inebilizumab ¶σ– Viela’s humanized anti-∑×CD19 monoclonal antibody – in nine Aβ•εsia regions for neuromyelitis optica spectrum Ωαdisorder (NMOSD), as well as otherφ♠' potential future indic≈πations.“This partnership adds to o↑Ωε♣ur ability to commercialize in¥✘φ∞ebilizumab globally, sub∑"ject to regulatory approval,” commented Bing Yao♣ε, Ph.D., Viela’s Executive Chairman and Chief Ex$≥φ÷ecutive Officer. “As a well-e>εstablished pharmaceutical company in Jap'δan, Mitsubishi Tanabe has strong product develo♣ ₽pment and commercializ♥Ωation capabilities in Asia, and we believe±, is an ideal partner for expanding inebilizum±λab’s potential reach to thβδα∞ousands of additional patie✘÷nts in need of viable tre"✔φ<atments, with NMOSD as an initial indication¥γ.”Under terms of the ✔γ♥"collaboration, Viela will receive an₩ up-front licensing fee of $30 mi→♦llion as well as additional payme£♦ nts contingent on cer©≤→Ωtain development and com✔≈₽×mercial milestones, plus payments based, i↕γ£♣n part, on sales revenue. MTPC will be responsibl↓♦<γe for leading development and commercial• ization of inebilizuma€↔σb in Japan, Thailand, South Korea, Indonesia, V<♣ietnam, Malaysia, Philippines,✘φ Singapore, and Taiwan.“Ourβ♥δα organization is delighted '≥₹to partner with Viela to d'↕£evelop and commercialize their promising pro↕★βduct candidate inebilizumab for aγ→utoimmune and inflammatory diseases,” said M↔ε<asayuki Mitsuka, MTPC President & Re☆₹presentative Director. “Inebiδ♠lizumab is an exciting productσ¥π candidate that, based on th¥ €e results from the N-MOmentum pivotal ↔ ☆study, is well-positioned to provide∑ meaningful benefit for γ≠"patients with NMOSD, and potentially addition al diseases, subject to regulatory approval←✘ . We are excited to work with Viela to adv✘©£ance inebilizumab in Japan and ot÷her Asia regions, and look for≈<ward to a productive partnership between our cφ"γ≤ompanies.”The U.S. Food and Drug Administrat >¥ion (FDA) recently accepted &$¶×for review Viela’s Biologics License Application↑±÷$ (BLA) for inebilizumab for the treatme λnt of NMOSD. infor×☆mation source:pharma focus Asia₹¥βThe original link:https:https://www.pha©πrmafocusasia.com/news/viela-bio-ente∞λ₩rs-strategic-collaboration-with-mφ₩•itsubishi-tanabe-pharma-to-develop-and-commerc±↕ ialize-inebilizumab-for-autoimmune-diseases-in-β↕<japan-and-other-asia-regions2019 Asia-paci>γfic pharma IP Leader Sum<σγmit: http://en.zenseegroup.c≥↑☆γom/p/510934/will be heπ¥₽ld in Beijing ≥™↕; on November 14←§π®-15, and will attract more thanελ÷ 500 industry experts from domesti πc and foreign pharmaceutical companies, ®®biotechnology companies, gove≤♠©∞rnments, associations, law firms, intelle★§ctual property agents and other compa>♠↔₽nies to attend.Official registration an•≥™Ωd consultation channels←:Contact:AnnPhone: 021-65650305Email:δ↑≠Marketing@zenseegroup.comhttp://£ ×↔en.zenseegroup.com/p/₩♦510934/