Celltrion Healthcare announced recently that The Lancet has published the full data-set from its randomised controlled trial (RCT) of CT-P13 (biosimilar infliximab) in Crohn’s disease (CD), the PLANETCD Study.
A closer look at the aspects including but not limited to Interferon Alpha-2a Biosimilar market segmentation by the end-user, end-use, geography, type, and application forms an integral part of the research report.
Pharma major Lupin Limited (Lupin) announced that YL Biologics Limited (YLB), a joint venture between Lupin’s subsidiary Lupin Atlantis Holdings SA (LAHSA) and Yoshindo Inc. in Japan, and Lupin (through its Japanese subsidiary, Kyowa Pharmaceutical Industry Co. Ltd) have received an approval to manufacture and sell their biosimilar Etanercept in Japan. The approval to treat moderate to severe Rheumatoid Arthritis (RA) and Juvenile Idiopathic Arthritis was received today.
YL Biologics Ltd. (Head office: Chuo-ku, Tokyo, President and Representative Director: Toshihiko Hibino), Yoshindo Inc. (Head Office: Toyama City, Toyama, President and Representative Director: Hiroki Kitamura) and Teijin Ltd. (Head office: Kita-ku, Osaka, President and CEO: Jun Suzuki) have announced that on March 26, 2019, YL Biologics obtained manufacturing and sales approval for Etanercept biosimilar, an agent for anti-rheumatoid arthritis and polyarticular course juvenile idiopathic arthritis (Development code: YLB113) which YL Biologics has developed globally.
Samsung Bioepis Co., Ltd. recently announced findings of a three-year follow-up study comparing biosimilar ONTRUZANT (trastuzumab) and reference medicine trastuzumab in early or locally advanced HER2-positive breast cancer.
According to the current analysis of Reports and Data, the global Biosimilars market was valued at USD 5.10 Billion in 2018 and is expected to reach USD 44.56 Billion by year 2026, at a CAGR of 30.8%. Biosimilar are alternatives to existing patented, and approved biologics and possess similar medicinal properties as compared to the original biologics.
Fast responding to Scott Gottlieb, FDA Commissioner's statement on 7th March that the naming guide that requires a four letter suffix attached to the nonproprietary name of biological drugs will now only apply to biosimilars, Prof. Niazi, filed a citizen petition demanding the FDA to withdraw the guidance to prevent vested interests from misguiding prescribers and patients that biosimilars have different safety and efficacy. The FDA has accepted the petition for review and designated it as FDA 2019-P-1236.
The Biosimilars Forum and Medicines for Europe released a joint report recently exploring how European countries have successfully instituted and sustained a multi-source, competitive biosimilars market over the last decade.
Coherus BioSciences, Inc. (Nasdaq: CHRS), today announced that the Centers for Medicare and Medicaid Services (CMS) approved UDENYCA™ (pegfilgrastim-cbqv) biosimilar for transitional pass-through payment status in the hospital outpatient setting. Effective April 1, 2019, UDENYCA™ is granted 36 months of transitional pass-through status.
Vizient recently announced that it has endorsed two more bills aimed at reducing drug prices by taking steps to support competition in the prescription drug marketplace.
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