EIRGENIX ACHIEVES THE FIFTH MILESTONE OF ITS TRASTUZUMAB BIOSIMILAR LICENSING AGREEMENT
EirGenix Achieves The Fifth Milestone Of Its Trastuzumab Biosimilar Licensing Agreement.
[Taipei, Taiwan] – After achieving the first four milestones of its licensing agreement with Sandoz AG for its breast cancer biosimilar, EG12014 (Trastuzumab Biosimilar, also called EGI014), EirGenix Inc. (6589.TT) has completed its fifth licensing agreement milestone on January 25, 2022. The revenue from the milestone payment will be recognized in stages in accordance to standard accounting procedures and will serve to benefit the company's current operations and further development.
2022-01-26
Associated News
EIRGENIXは日本市場を拡大するために、日本の会社と長期供給契約の締結について
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On September 24, EirGenix (6589) announced that it has received positive feedback from the US Food and Drug Administration (FDA) and the European Medicines Agency (EMA) during scientific consultations regarding the waiver of Phase III clinical trials for its breast cancer biosimilar candidate, EG1206A (Pertuzumab biosimilar). Consequently, the company has officially terminated the on-going Phase III clinical trial for EG1206A. This decision accelerates the global marketing authorization applications (BLA/MAA) for the product and reduces the originally planned product development expenses. Receiving positive feedback from regulatory agencies reflects EirGenix’s long-standing expertise in biosimilar development and marks a significant milestone in the company’s expansion in the biosimilar market.
2025/10/22