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LG Life Sciences Ltd.
Drug Names(s): somatropin [rDNA origin] for injection, Biosimilar Somatropin
Description: Valtropin is a recombinant human GH (rhGH). Valtropin is a biosimilar to Humatrope.
Deal Structure: In April 2000, BioPartners and LG Life Sciences entered into collaborative agreements to jointly develop, manufacture and commercialize a number of biopharmaceutical products, including interferon alpha, human growth hormone (daily and sustained-release formulations) and erythropoietin. The companies have co-developed Valtropin and a sustained release formulation of Valtropin.
Biopartners in-licensed Valtropin from LG Life Sciences and has commercialization rights for Valtropin in Europe, Japan and other parts of Asia.
In March 2007, Biopartners announced that it has been purchased in a deal worth $78M by Bioton S.A.
Partners: Bioton S.A.
Pink Sheet Biosimilars
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