Viela Bio Enters Strategic CollaboΩ'ration with Mitsubishi Tanaσ"$≠be Pharma to Develop and Commercialize Ineb™$ilizumab for Autoimmu↓$δne Diseases in Japan an≥✘d Other Asia Regions
THURSDAY, OCTOBER 10, 201♥¶<↓9Viela Bio, Inc. and Mitsubishi Tana♥↓be Pharma Corporation (“M∑αTPC”) today announced a α♣collaboration focused on the devγ®φelopment and commercialization of ineb∏≠ ilizumab – Viela’s humanized anti-C ''ΩD19 monoclonal antibody – in nine Asia regionsσ for neuromyelitis optica spectrum disorder (NMO§↔ΩSD), as well as other →✔←potential future indications.“This pa☆×αrtnership adds to our ability to commerc±βialize inebilizumab globally, subject to regulatoπεry approval,” commented "≠Bing Yao, Ph.D., Viela’s Executive Cha€₽irman and Chief Executi♣γve Officer. “As a well-established pharmaceutica♦$φl company in Japan, Mitsubishi Tanabe has strong →←☆product development and commerciali↑£zation capabilities in AsΩ® ia, and we believe, is an ideal partner £≤for expanding inebilizumab’s potential←♦ reach to thousands of additio•× nal patients in need of viable treatments, with γ"€®NMOSD as an initial indication.”Under terms of↑•• the collaboration, Viela will receive anφ ®ε up-front licensing fee of $30 milli♥on as well as additional payments co©£©ntingent on certain develop$©₽≠ment and commercial mileston☆↑®es, plus payments based, i ><n part, on sales revenue.☆÷ MTPC will be responsible for leading deve δ→±lopment and commercializati¶§♣♥on of inebilizumab i&€©n Japan, Thailand, South Korea, Indonesia,₽₽☆→ Vietnam, Malaysia, Philippines, Singapore, and Tππβaiwan.“Our organization is ₩λ×delighted to partner with Viela to dev '€elop and commercialize their promising prod<↔uct candidate inebilizumab for autoimmune ¶γand inflammatory diseases,” said Masaβ☆yuki Mitsuka, MTPC President &≈"φ; Representative Direct σor. “Inebilizumab is an exciting produ₽↑δct candidate that, based₩¶ε on the results from the N-♣↕₹γMOmentum pivotal study, φis well-positioned to≠≥ provide meaningful benefit for patie ♠∞↑nts with NMOSD, and pot®♥₽≈entially additional diseaseγ♦s, subject to regulatory approval. We are₽÷÷ excited to work with Vi✔®€ela to advance inebilizumab in Japan and₹♠ε₽ other Asia regions, >π♠∏and look forward to a productive partnership ↔₩↓between our companies.”The U.S. Food and Drug Adm✘≠inistration (FDA) recΩ∞αently accepted for review Viela’s Biologics'± License Application (BLA) for inσ ♥ebilizumab for the trea¶ &tment of NMOSD. information&'♠>nbsp;source:pharma focus✘λ' AsiaThe original link:https:https:→ φ//www.pharmafocusasia.com/news/viela-b≥₩"io-enters-strategic-collaboration-withπ→-mitsubishi-tanabe-pharma-to-dε←∞evelop-and-commercialize-inebilizuma≈λ ₽b-for-autoimmune-diseas×π₩ es-in-japan-and-other-asia-regions2019 Asia-pa♦☆cific pharma IP Leader Summit: http://en.zenseeg←₩¥≥roup.com/p/510934/will be held in Beijing&§₩×∑nbsp; on November 14-15÷₹☆, and will attract more than 5¶&00 industry experts from domestic and forπβ↑eign pharmaceutical comp&✔βεanies, biotechnology companies, governments,₹Ω• associations, law firms, ♦δintellectual property agents and other ♣∞≤Ωcompanies to attend.Official r∞egistration and consultation channels:Contact:Ann☆ £λPhone: 021-65650305Email:Marketing@zense₹ δegroup.comhttp://en.zenseegroup.com/p/51δε ←0934/