Teva Pharmaceutical Industries and Samsung Bioepis have signed a license and commercialization agreement that would give Teva U.S. rights to two approved immunology biosimilars, infliximab-abda and etanercept-ykro, the companies announced Nov. 3.1 Samsung Bioepis would keep manufacturing and regulatory oversight while Teva would take over sales, with closing anticipated by the end of 2026.1
“This agreement strengthens our collaboration with Samsung Bioepis and will expand our U.S. immunology portfolio with two additional biologic treatment options,” said Richard Francis, president and CEO of Teva.1
Francis tied the deal to Teva’s Pivot to Growth strategy, under which the company is building a larger biosimilar portfolio.1
Key Facts
- Drugs: infliximab-abda; etanercept-ykro
- Class: Anti-tumor necrosis factor biosimilars
- Indications: arthritis, bowel disease, psoriasis
- Action: U.S. license, commercialization agreement
- Rights: etanercept at close; infliximab Q3 2027
- Terms: upfront over 3 years, milestones, profit share
- Phase 3 response: 78.1% vs 80.3% (etanercept-ykro)
- Safety: boxed warnings for infections, malignancies
- Status: FDA-approved; deal to close by end of 2026
What are the terms of the agreement?
Teva will obtain U.S. commercialization rights to etanercept-ykro at closing, while rights to infliximab-abda transfer in the third quarter of 2027.1 The timing of Teva’s U.S. launch of etanercept-ykro will be announced later.1
Teva will pay Samsung Bioepis an upfront amount over three years, and the Korean company may receive additional launch and sales milestone payments. The companies will share profit from sales.1
The release does not disclose payment amounts, and closing remains subject to customary conditions, including regulatory approvals.1 A share-price reaction to the announcement could not be verified at the time of writing.
Kyung-Ah Kim, president and CEO of Samsung Bioepis, said: “We are delighted to expand our strategic alliance with Teva to strengthen the commercial footprint of our immunology portfolio in the U.S.”1
What do the two biosimilars treat?
Both products are inhibitors of tumor necrosis factor indicated for chronic inflammatory and autoimmune conditions.1 Infliximab-abda, a biosimilar to Remicade (infliximab), received FDA approval in 2017 for indications that include Crohn’s disease, ulcerative colitis, rheumatoid arthritis (RA) in combination with methotrexate, ankylosing spondylitis, psoriatic arthritis (PsA), and plaque psoriasis.1