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Zydus Cadila collaborates with Eczacibasi Ilac Pazarlama – Aims to increase reach in Turkish market via biosimilars & new products

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Zydus Cadila logo

                 Zydus Cadila logo

The Ahmedabad-based drug firm Zydus Cadila and Turkey-based leading healthcare firm, Eczacibasi Ilac Pazarlama have signed a pact to market biotech products in the Turkish market.

Turkey-based Eczacibasi Ilac Pazarlama

Turkey-based Eczacibasi Ilac Pazarlama logo

This collaboration will enable exchange products and expansion of geographies.

Key Objectives

  • The collaboration agreement involves the import of biosimilars that are currently unavailable in Turkey, especially for the treatment of cancer.
  • The pact also paves way for a long-term collaboration to produce and launch new products in the Turkish market.

Understanding Biosimilars

Biosimilars are copies of complex biological drugs. Unlike generic drugs that are cheaper copies of branded chemical drugs, biosimilars are harder and more expensive to develop as they are made from living cells and cannot be identically replicated.

 

Overview

  • Turkey as an emerging market has witnessed immense progress in terms of regulations covering market approvals of biosimilars.
  • In March 2016, Dr. Reddy’s Laboratories Ltd. had entered into a strategic collaboration agreement involving three biosimilar products with Turkey-based TR-Pharm.

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