FDA Approval of UCB's Cimzia® for Crohn's Disease Represents Latest Milestone for Nektar Polymer Chemistry Technology Platform
Cimzia® is the first and only PEGylated Fab' fragment of a humanized anti-TNF-alpha antibody approved by the FDA. Cimzia® is the ninth marketed product enabled by Nektar's (Nasdaq: NKTR) industry leading PEGylation technology platform. Nektar's partner UCB is also developing Cimzia® in Rheumatoid Arthritis and other autoimmune disease indications. Nektar is proud to support UCB in its development and commercialization of this very important therapeutic. Under the terms of the agreement between Nektar and UCB, Nektar will receive manufacturing revenues and royalties on global sales of Cimzia® for all indications.