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Biosimilar Rituximab (Teva)

Teva Pharmaceutical Industries Ltd.

Drug Names(s): TL011, Rituxan Biosimilar, rituximab, TL-011

Description: TL011 is a biosimilar to Roche's antibody drug Rituxan. The antibody binds to the CD20 antigen present on B cells and B cell tumors, leading to the elimination of these cells.

Deal Structure: Teva and Lonza entered into a partnership in January 2009 to develop biosilimars, including TL011.

In July 2013, Lonza announced that following a strategic review of the Teva-Lonza joint venture (TL-JV) by the Lonza Board of Directors, the companies have agreed to discontinue their collaboration for the development, manufacturing, and marketing of biosimilars.

Biosimilar Rituximab (Teva) News

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