On June 30, 2026 Orion Pharma ("Orion") and Shilpa Biologicals Private Limited, a fully-owned subsidiary of Shilpa Medicare Limited ("Shilpa"), reported to have entered into an agreement to commercialise intravenous (iv) nivolumab biosimilar in Europe. Nivolumab is an immune checkpoint inhibitor which is used to treat various cancers. Shilpa’s nivolumab biosimilar is currently under development by the company.
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Under the terms of the agreement, Orion will gain exclusive right to distribute, market and sell Shilpa’s iv nivolumab biosimilar in Europe. Shilpa will supply the product to Orion, and is entitled to receive from Orion certain development and regulatory milestone payments.
"We are pleased to add yet another product to our strategic partnership with Shilpa," said Satu Ahomäki, EVP Generics and Consumer Health, Orion Pharma. "This agreement is a step forward in our efforts to expand and strenghten our operations in hospital segment in Continental Europe, and an indication of the progress of the implementation of our division’s strategy which aims to create everybody an access to affordable quality medicines."
"Extending our partnership with Orion into immuno-oncology is a defining moment for Shilpa Biologicals," added Vishnukant Bhutada, Managing Director, Shilpa Medicare. "It reflects the trust our partners place in our quality, our science and our ability to deliver complex biologics at scale – and it moves us closer to our mission of making advanced medicines affordable and accessible worldwide."
(Press release, Orion, JUN 30, 2026, View Source [SID1234669027])