BRIEF

on Nanohale AG (isin : DE000A1EWVY8)

Bio Usawa to Commercialize FYB201 in Sub-Saharan Africa

Stock price chart of Nanohale AG (EBR:FYB) showing fluctuations.

Bioeq AG, holder of commercialization rights for FYB201, has partnered with Bio Usawa Biotechnology Ltd. for the distribution of FYB201/BioUcenta™ (ranibizumab) in Sub-Saharan Africa. This strategic move significantly expands the reach of this monoclonal antibody used to treat retinal diseases such as diabetic macular edema.

The drug is already established in high-income countries, but has been inaccessible for much of Africa due to high costs. The partnership aims for a product launch in early 2026, offering a crucial treatment option for millions threatened by diabetes-related blindness.

Dr. Menghis Bairu, CEO of Bio Usawa, emphasizes the collaboration's goal of equitable access to advanced biologic therapies. Formycon AG also highlights this as a step towards democratizing biotherapies for developing regions.

R. E.

Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Nanohale AG news