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Mundipharma won an exclusive technology export contract from Kolon Life Science to launch Invossa, a cell-mediated gene therapy for degenerative arthritis, in Japan. The contract is effective for 15 years after launch, with a total value of $591.6 million.
Kolon Life Science signed a 230 billion won ($200 million) contract to supply its osteoarthritis drug Invossa-K to China Life Medical Centre in Hainan Province, China. The contract was announced on July 18, 2018.
Kolon Life Science has signed a 16.9 billion won supply contract with Zhong JI 1 International Medical Group for Invossa-K in Hong Kong and Macau. The contract is for five years.