
OneSource Specialty Pharma will manufacture biosimilars for Formycon AG. The deal strengthens Formycon's supply chain and signals growing demand for biologics contract manufacturing.
OneSource Specialty Pharma will manufacture biosimilars for Formycon AG under a new partnership, the companies said. The deal gives Formycon access to OneSource's integrated production capabilities for biologic copycat drugs.
Formycon's chief executive said the arrangement strengthens the company's supply chain with a partner focused on quality. The two firms said they want to broaden global access to biosimilar therapies, which are lower-cost alternatives to branded biologics.
The read-through for the sector: contract manufacturing organizations that can handle complex biologics may see more demand as drugmakers outsource production. OneSource, a specialty pharma services provider, has been expanding its manufacturing footprint. The partnership does not disclose financial terms or specific products.
Biosimilars have been a growth area as patents on blockbuster biologics expire. The collaboration between OneSource and Formycon adds another manufacturing node to the supply network for these drugs.
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