Out-Licensing
Towa believes that many of complex products are critical given the therapy areas they target, however the time to reach the market is substantial due to various factors such as:
- High technology barriers:
- Challenges in formulation development due to technical and scientific reasons, which is evident from the fact that despite patent expiration, there are currently no generics available for some of these products
- Use of customized excipients
- Challenges in manufacturing due to complex technologies
- Challenges in bio-equivalence or clinical studies
- High investment
- Unique supply chain
The difficulties associated with the development, manufacture and commercialization of these products have served as a barrier for companies to capitalize on these opportunities.
As many of these products represent significant market opportunities, we are seeking an alliance with partners who have complementary expertise that can enable us to bring these products within reach of patients in need (specifically in geographies where Towa is currently not present, e.g EU, USA and other regulated markets).
We believe that, by partnering / out-licensing these opportunities, it significantly reduces the time required to commercialize and market these products on a global scale, thus enabling millions of patients timely access to these products .
To learn more about our partnering opportunities and for further details please get in touch with us at mkt@towapharma.com