Sandoz Confirms European Commission Approval Of Pyzchiva (ustekinumab), Further Strengthening Immunology Offering

• Ad hoc announcement pursuant to art. 53 SIX Swiss Exchange Listing Rules
• Pyzchiva approved as one of first ustekinumab biosimilars in Europe
• EC approval based on robust development program confirming match to reference medicine in terms of safety, efficacy and quality
• Sandoz remains committed to accelerating access to potentially life-changing treatments and continues strengthening immunology portfolio

Sandoz, the global leader in generic and biosimilar medicines, today announces that the European Commission (EC) has granted marketing authorization for Pyzchiva^* (biosimilar ustekinumab), developed and registered by Samsung Bioepis. Pyzchiva is a key biosimilar value driver for the company over the mid-term and this approval is a major step in advancing Sandoz growth strategy.

Pyzchiva is approved as a biologic therapy within gastroenterology, dermatology, and rheumatology.¹

Rebecca Guntern, President Sandoz Europe, said: "Chronic inflammatory diseases affect millions of people around the world and can have a profoundly negative impact on their quality of life. This approval is a crucial step towards offering European patients an additional safe and effective treatment option and further demonstrates our commitment to pioneer access to potentially life-changing medicines."

The comprehensive regulatory submission package included extensive analytical, preclinical, and clinical data, including a Phase I PK/PD study and a Phase III confirmatory study.

Sandoz entered into a development and commercialization agreement for biosimilar ustekinumab with Samsung Bioepis in September 2023. Under the terms of the agreement, Sandoz has the right to commercialize Pyzchiva in the US, Canada, the European Economic Area (EEA), Switzerland, and the UK. Samsung Bioepis remains responsible for development, registration, intellectual property, manufacturing and supply.

About Pyzchiva (ustekinumab)
Pyzchiva (ustekinumab) has been developed to match the reference medicine, a monoclonal antibody medication to interleukin (IL)-12/23 for the treatment of autoimmune disorders including within gastroenterology, dermatology, and rheumatology. ¹

References

^1. European Medicines Agency (EMA). Pzychiva (ustekinumab): Prescribing Information. Available from: https://www.ema.europa.eu/en/medicines/human/EPAR/pyzchiva [Last accessed April 2024].

^2. International Federation of Psoriasis Associations (IFPA). Speaking up for psoriatic disease in Europe. Available at: https://cms.ifpa-pso.com/tools/20072022_IFPA-FORUM_Briefing-Book_Speaking-up.pdf [Last accessed April 2024].

^3. Frede N, et al. Psoriasis and Psoriatic Arthritis Have a Major Impact on Quality of Life and Depressive Symptoms: A Cross-Sectional Study of 300 Patients. Rheumatology and Therapy. 2023;10: 1655–1668. doi: 10.1007/s40744-023-00602-9.

^4. Kumar A, et al. Crossing barriers: the burden of inflammatory bowel disease across Western Europe. Therapeutic Advances in Gastroenterology. 2023;16. doi: 10.1177/17562848231218615.

^5. Burisch J. et al. The burden of inflammatory bowel disease in Europe, Journal of Crohn's and Colitis, Volume 7, Issue 4, May 2013, P. 322–337

^6. Pulley J, et al. Malnutrition and quality of life among adult inflammatory bowel disease patients. JGH Open. 2019;4(3): 454-460. doi: 10.1002/jgh3.12278.

About Sandoz
Sandoz is the global leader in generic and biosimilar medicines, with a growth strategy driven by its Purpose: pioneering access for patients. More than 20,000 people of more than 100 nationalities work together to ensure 800 million patient treatments are provided by Sandoz, generating substantial global healthcare savings and an even larger social impact. Its leading portfolio of approximately 1,500 products addresses diseases from the common cold to cancer. Headquartered in Basel, Switzerland, Sandoz traces its heritage back to 1886. Its history of breakthroughs includes Calcium Sandoz in 1929, the world’s first oral penicillin in 1951, and the first biosimilar in 2006. In 2023, Sandoz recorded sales of USD 9.6 billion.