Ipca gains access to a subcutaneous biologics platform for monoclonal antibodies targeting oncology and inflammation. The deal includes licensing fees and royalties, with financial terms undisclosed.
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Ipca Laboratories has signed a licensing agreement with Bhami Research Laboratories for access to a biologics delivery platform, the company said. The deal gives Ipca rights to Bhami's proprietary high-concentration subcutaneous formulation technology for developing monoclonal antibodies targeting oncology and inflammatory diseases.
Subcutaneous delivery allows patients to inject themselves rather than receiving intravenous infusions in a clinic. That shift carries a significant convenience and cost advantage for biosimilar developers aiming to compete with reference biologics. Ipca, a Mumbai-based pharmaceutical company, will use the platform to build a pipeline of multiple monoclonal antibody products, the company's note explained.
Pranay Godha, Ipca's managing director and chief executive, said the collaboration would accelerate development of affordable biologics for cancer and autoimmune disease. Surya Pai, chief executive of Bhami, said the partnership was designed to make patient care convenient, affordable, and safe.
The financial terms of the agreement were not disclosed. Ratnesh Jain, co-founder of WeTranslate, a life sciences business development firm that brokered the match, said Ipca will pay a licensing fee for the technology transfer and royalties on sales after commercialisation.
The strategic value in this deal is not any single drug candidate. The platform is designed for multiple monoclonal antibodies, meaning Ipca can build a pipeline without reinventing the delivery method each time. For a mid-tier Indian pharma company, that kind of repeatable technology access can shorten development timelines and reduce formulation risk. The read-through extends beyond Ipca. Subcutaneous biologics are a growing area across the industry. Roche and AbbVie have reformulated blockbusters for subcutaneous injection. Indian biosimilar makers like Biocon and Dr Reddy's have invested in similar delivery technologies. Ipca's move positions it to compete in that space, though the platform is early-stage and regulatory approval for each product is years away.
WeTranslate, which connected the two companies, said world-class innovation demanded world-class commercialisation. Akhil Shah, its director and chief executive, said Bhami built a differentiated formulation technology and Ipca brings the scale and global reach to unlock its potential.
Ipca will develop the products and handle commercialisation. The company did not provide a timeline for the first product launch.
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