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Shilpa Biologicals & SteinCares Forge Strategic Biosimilar Alliance for Latin America
Shilpa Biologicals Pvt. Ltd., the biologics subsidiary of Shilpa Medicare, has entered into a strategic licensing agreement with SteinCares, a leading specialty healthcare company with a strong commercial platform across Latin America, to expand access to biosimilar therapies in the region.
Under the agreement, SteinCares will hold exclusive rights to register, commercialize and distribute a selected biosimilar product throughout Latin America, while Shilpa Biologicals will complete product development and provide long-term commercial manufacturing from its advanced biologics facility in Dharwad, India.
This collaboration leverages Shilpa’s expertise in biologics development and manufacturing with SteinCares’ deep regional market access and regulatory capabilities, aiming to broaden patient access to high-quality, cost-effective biologic medicines across more than 30 countries.


