Paul Hastings Represents Dong-A Pharmaceutical on Strategic Collaboration Partnership with Meiji
Hong Kong and Palo Alto, CA (December 8, 2011) - Paul Hastings LLP, a leading global law firm, announced today that it advised Dong-A Pharmaceutical Co., Ltd. (Dong-A), a leading Korean pharmaceutical company, on its long-term strategic collaboration partnership with Meiji Seika Pharma Co., Ltd (Meiji), a Japanese pharmaceutical company, with respect to biosimilars.
As part of the strategic collaboration partnership, Dong-A and Meiji will establish a joint venture company and construct a cGMP-compliant biosimilar construction plant in Songdo, South Korea to target the global markets with antibody based drugs, including Herceptin. Dong-A and Meiji will also collaborate on the research, development, manufacture and commercialization of biosimilar products in global markets. The strategic collaboration partnership between Dong-A and Meiji is expected to enable the parties to share their respective biopharmaceutical technologies and globally expand their respective biosimilars businesses.
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