Celltrion inks deal with Rani Therapeutics for developing an oral antibody medication
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Under a license and supply agreement, Celltrion and Rani Therapeutics have collaborated to design and market CT-P43 biosimilar ustekinumab for treating Psoriasis, Ulcerative colitis, and Crohn’s disease. By utilizing RaniPill proprietary technology platform, the biosimilar possesses the benefit of replacing subcutaneous or intravenous injection with its oral mode while retaining an equivalent safe profile and bioavailability as an alternative to the subcutaneous injection of the reference product. The technology enables efficient drug delivery by breaking the drug into small fragments and driving those encapsulated soluble microneedles to the small intestine. With CT-P43 being the competitor of Stelara, the collaboration aims at expanding future innovation and diversity to the biosimilar portfolio.
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