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Tonghua Dongbao Out-Licenses US Rights for Three Insulin Biosimilars to Meitheal

publication date: Sep 22, 2023

Tonghua Dongbao Pharma (THDB) out-licensed US commercialization rights for three insulin biosimilars — insulin aspart, insulin lispro, and insulin glargine — to Meitheal Pharma of Chicago. Meitheal is a division of Nanjing King-Friend Biochemical Pharmaceutical (NKF). THDB and NKF will be jointly responsible for the development and supply of the three products. In an unusual arrangement, all three companies, THDB, NKF and Meitheal, will receive royalties on US product sales. Details of the agreement were not disclosed. THDB expects the three products will be approved for US use in 2026. More details....

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