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India's Cipla, China's Qilu partner for US launch of Merck's Keytruda biosimilar

Source: reuters.com

Healthcare & BiotechPatents & Intellectual PropertyCompany FundamentalsM&A & Restructuring
India's Cipla, China's Qilu partner for US launch of Merck's Keytruda biosimilar

Cipla said its U.S. unit entered an exclusive partnership with China’s Qilu Pharmaceutical to license a biosimilar version of Merck’s Keytruda for the U.S. market. The deal supports Cipla’s pipeline/commercial potential in oncology but the article provides no financial terms or near-term guidance impact.

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