Biosimilar Development News
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CVS Health Launches Cordavis
8/23/2023
CVS Health® (NYSE: CVS) today announced that it has launched Cordavis, a wholly owned subsidiary that will work directly with manufacturers to commercialize and/or co-produce biosimilar products (an FDA approved biologic medication that is highly similar to, and has no clinically meaningful differences from, a biologic medicine already approved by the FDA) for the U.S. pharmaceutical market.
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Sandoz Announces Positive Results From Mylight Phase lll Study For Biosimilar Aflibercept
8/15/2023
Sandoz, a global leader in off-patent medicines, today releases positive results from the MYLIGHT Phase III confirmatory efficacy and safety study for its biosimilar aflibercept, for patients living with wet macular degeneration – a key development in its efforts to address this area of unmet medical need.
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Senderra Specialty Pharmacy Announces That HUMIRA Biosimilar Products Are Now Available To Patients Nationwide
8/11/2023
Senderra Specialty Pharmacy announced today that patients can access several HUMIRA biosimilar medications through Senderra's pharmaceutical manufacturing partnerships.
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Biocon Q1FY24 Revenue At Rs 3,516 Cr, Up 59%; Biosimilars Up 106%; Research Services Up 25%
8/10/2023
Biocon Ltd, an innovation-led global biopharmaceuticals company, today announced its consolidated financial results for the fiscal first quarter ended June 30, 2023.
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National Survey: Biosimilars' Savings Appeal, But Patient Knowledge Lags
8/8/2023
A national survey from the Biologics Prescribers Collaborative reveals that about half of people who have taken an innovator biologic or follow-on biosimilar report knowing only "a little" about the medications. Cost savings are the factor most likely to motivate patients to switch from an innovator biologic to a biosimilar.
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Biosimilars Forum Scientific Publication Identifies Pathway To Streamlined Development For Biosimilars
8/7/2023
A new peer-reviewed scientific publication from the Biosimilars Forum provides a comprehensive set of recommendations on how biosimilar development should evolve. The recommendations reflect current science and available evidence.
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Fresenius Kabi And Formycon Secure U.S. License Date For Proposed Ustekinumab Biosimilar
8/7/2023
Fresenius Kabi, a global health care company that specializes in biopharmaceuticals, clinical nutrition, medical technologies, and I.V. generic drugs for critical and chronic conditions, and Formycon AG, a leading, independent developer of high-quality biopharmaceutical medicines, especially biosimilars announced today that they have reached a settlement with Johnson & Johnson for the U.S., concerning FYB202, a proposed ustekinumab biosimilar to Stelara.
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Boehringer’s Cyltezo Illustrates Intersection Of Price And Regulation In Biosimilar Market, Says GlobalData
8/2/2023
The loss of exclusivity of AbbVie’s Humira (adalimumab) has become a perfect scenario to test if the Biologics Price Competition and Innovation (BPCI) act in the US can achieve the intention of the law.
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Samsung Bioepis & Organon Announce Topline Results From Interchangeability Study Of SB5 Humira Biosimilar
8/1/2023
Samsung Bioepis Co., Ltd. and Organon & Co. (NYSE: OGN) today announced topline results from the interchangeability study for SB5, a biosimilar to Humira® (adalimumab).
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Prometheus Laboratories Announces Collaboration With Fresenius Kabi On Anser Testing
8/1/2023
Prometheus Laboratories Inc. ("Prometheus") today announced a collaboration with Fresenius Kabi to support the validation of and access to Anser therapeutic drug monitoring (TDM) services for eligible patients receiving the Fresenius Kabi biosimilar, IDACIO (adalimumab-aacf). Anser testing is utilized by clinicians treating immune-mediated diseases such as Inflammatory Bowel Disease (IBD) and Rheumatoid Arthritis (RA) to gain objective information that helps to inform therapeutic decisions.