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Formycon AG and ATHOS KG have agreed to merge biosimilar development activities. Formycon will acquire 100% of rights in FYB202, the 50% stake in FYB201, and Bioeq GmbH for a cumulative consideration of approximately EUR 650 million. ATHOS will become the largest shareholder with about 26.6% of Formycon.
“Formycon and ATHOS KG have agreed to merge their development activities in the area of biosimilars through a long-term strategic partnership.”formycon.com
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