1 June 2021
10 June 2021
FOR MEDICAL BUSINESS/INDUSTRY TRADE MEDIA ONLY
London, 10th June 2021: Theramex, a leading global speciality pharmaceutical company dedicated to women and their health, announced that it has entered into an agreement to register and commercialise denosumab from Enzene Biosciences Limited, Pune, India, for use in Europe, the UK, Switzerland, and Australia. Denosumab, a biosimilar of the reference medicine Prolia ®, is an antiresorptive treatment for osteoporosis with sales in these markets of close to €1 billion9 in 2020. Enzene will exclusively supply the finished product to Theramex for the duration of the agreement.
Denosumab is a human monoclonal antibody (IgG2) that targets and binds with high affinity and specificity to RANKL, preventing activation of its receptor, RANK, on the surface of osteoclast precursors and osteoclasts. Prevention of the RANKL/RANK interaction inhibits osteoclast formation, function and survival, thereby decreasing bone resorption in cortical and trabecular bone. Denosumab is administered by a single subcutaneous injection once every six months.
Robert Stewart, Chief Executive Officer at Theramex said, “The addition of this biosimilar to our existing portfolio continues our strategic determination to improve access and affordability of important treatments to patients. The care and good management of bone health is critical to Theramex. From our recently launched Vitamin D small gel capsule that is easy to take, to our a gastric resistant third-generation bisphosphonate that allows patients to take their medication with or without food, and our cost-efficient teriparatide biosimilar with an easy to use pre-filled syringe, we are helping to improve the quality of life for women.”
Himanshu Gadgil, Whole-Time Director at Enzene said, “Enzene is dedicated to the development of affordable treatment options for patients. As such, I am delighted that Enzene and Theramex will be working together to provide women in Europe, the UK, Switzerland, and Australia with access to denosumab, a biosimilar treatment for osteoporosis.”
With a broad portfolio of innovative and established brands covering contraception, fertility, Menopause and Osteoporosis, we support women at every stage of their lives. Our commitment is to listen and understand our patients, serve their needs, and offer healthcare solutions to help improve their lives. Our vision is to be a lifetime partner for women and the healthcare professionals who treat them, by providing innovative and effective solutions that care for and support women as they advance through each stage of their lives.
About Enzene Biosciences Limited
Enzene, a subsidiary of Alkem Laboratories Ltd., is an innovation driven biotech company. Based in Pune, India. Its focus lies in producing biosimilars, novel biologics, synthetic peptides and phytopharmaceuticals, using innovative manufacturing technologies, with an aim to disrupt the cost barrier. Enzene also offers a range of CDMO and CMO services for biologics.
Notes to Editor: About osteoporosis
Osteoporosis remains largely underdiagnosed and undertreated, resulting in a large number of fractures.