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Lonza and Teva reaffirm commitment to biosimilars joint venture

10:09 AM MDT | April 5, 2013 | Deepti Ramesh

Lonza and Teva Pharmaceutical (PetaŠł• Tiqwa, Israel) say that the potential to develop, manufacture, and market affordable, efficacious, and safe biosimilars remains an area of significant opportunity for both companies. The announcement follows recent press reports which suggest that the future of their previously announced biosimilars joint venture is doubtful. Lonza and Teva agreed in 2009 to establish a jv to develop, manufacture, and market a portfolio of biosimilars. Richard Ridinger, Lonza CEO, in a recent interview with a Swiss business newspaper...

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