Viela Bio Enters Strategic Collabo•↕ration with Mitsubishi Tanabe Pharma to De>§velop and Commercializeγ≠ Inebilizumab for Autoimmune ☆€λ&Diseases in Japan and Other Asia Regions
THURSDAY, OCTOBER 10, 2019Viela Bio, In¥♥×c. and Mitsubishi Tanabe Pharma Corp÷×oration (“MTPC”) toda 'y announced a collaboration focused on→∏> the development and com•<mercialization of inebilizumab – Viela’s humanize±≥±d anti-CD19 monoclona∏✔l antibody – in nine Asia regions fo•<™r neuromyelitis optica s§∏γ∏pectrum disorder (NMOSD✘↔✔α), as well as other potentia↑βl future indications.“This partnership a∑γ∞dds to our ability to commercialize inebilizuma™¥b globally, subject to regulatory approval,” ↕ commented Bing Yao, Ph.D., Viela’s Executiv∏≠₽e Chairman and Chief Executiv↕±e Officer. “As a well-establishedδ∞✔∞ pharmaceutical company in Ja ∑☆pan, Mitsubishi Tanabe has strong pro×₩←duct development and commercialization capab÷₩ilities in Asia, and we believe, is an ide•↑Ω×al partner for expandin☆♦↑>g inebilizumab’s potential ↕♦reach to thousands o∑λf additional patients in need of vi∏δ♥able treatments, with NMOS§©σ≠D as an initial indication.”Under terms of the co<αllaboration, Viela will receive an up-front lice★&®nsing fee of $30 million a$∏s well as additional payment$£s contingent on certain development and co←δ×mmercial milestones, plus payments based™¥₽↔, in part, on sales revenue. MTPC will ♥α®be responsible for leading developmσ ≈ent and commercialization of inebilizumab ©"÷in Japan, Thailand, South Korea, Indo&≠nesia, Vietnam, Malaysia, Philippines, Sin≈£α gapore, and Taiwan.“Our organization is d∞§∏elighted to partner with Viela to dev ¥elop and commercialize their promis€ ing product candidate ₽'✔inebilizumab for aut≈α♦®oimmune and inflammatory diseas€♠☆δes,” said Masayuki Mit&✘εsuka, MTPC President &a©☆mp; Representative Direct✔αor. “Inebilizumab is an exciting product candida¶'te that, based on the results from the N-MOment€σ→£um pivotal study, is well-positioned to p&∞×δrovide meaningful benefit for patients wit h NMOSD, and potentially additional di↓$$seases, subject to regulatory™♦♣ approval. We are excited to work with Viela ↑&>λto advance inebilizumab in₽®←♠ Japan and other Asia regions, an•d look forward to a productive partnershipφ¥¶ between our companies.”The U.S. Food and Drug ∑©Administration (FDA) recently accepφε→ted for review Viela’s Bio↔≤>©logics License Appli↓≥&cation (BLA) for inebilizumab for the treatmeα↓nt of NMOSD. information source:pharma >§≥focus AsiaThe original link:https:https://www.pha↓λrmafocusasia.com/news/viela-bio-enters-strategi"☆≥c-collaboration-with-mi♥λσtsubishi-tanabe-pharma-to-develλβop-and-commercialize-inebilδ>izumab-for-autoimmune-dis¶'♦Ωeases-in-japan-and-other-asia-reπ→gions2019 Asia-pacific★• pharma IP Leader Summit: http://en.zenseegrou±<'p.com/p/510934/will be held in Beijing §<" on November 14-15∞ , and will attract more than 500 industr"λ♣™y experts from domestic and foreign pharmaceΩ→ utical companies, biotechnology coφ∏mpanies, governments, associat≥≠☆★ions, law firms, intell"↕"→ectual property agents and other compani<βes to attend.Official registration a¥∏♦∞nd consultation channels:Contε¥act:AnnPhone: 021-65650305Email:Marketing@π∏♣αzenseegroup.comhttp://en.zenseegroup£γσ→.com/p/510934/