Research Finds Biosimilar Filgrastim as Efficient as Its Reference in PBSC Mobilization
July 6th 2017A recent study, published in Transfusion, analyzed 3 granulocyte-colony-stimulating factor treatments in an attempt to compare the mobilization efficiency of 2 innovator G-CSF treatments with that of 1 biosimilar treatment.
Daiichi Sankyo Parts Ways With Troubled Coherus on CHS-0214
July 5th 2017In the wake of Coherus’ 30% reduction in workforce last week—a move that followed the company’s complete response letter from the FDA regarding its CHS-1701, a pegfilgrastim biosimilar candidate—the California-based biosimilar developer has sustained yet another blow to its business.
Several Hopefuls in Early Stages of Pegaspargase Biosimilar Development
July 4th 2017Pegaspargase (marketed as Oncaspar), a biologic drug approved by the FDA in 2006 for acute lymphoblastic leukemia (ALL) as a component of multi-agent chemotherapy, has long gone unchallenged by biosimilar candidates. That could soon change, according to information recently reported by the Generics and Biosimilars Initiative (GaBI).
Coherus Terminates 30% of Its Workforce After FDA's Complete Response Letter
July 3rd 2017Just 2 weeks after Coherus BioSciences announced that it had received a complete response letter (CRL) from the FDA in response to its biologics license application for a pegfilgrastim biosimilar candidate, the company has laid off 51 employees, or approximately 30% of its workforce, in a bid to cut its operating costs by $10 million.
Kevzara Earns European Approval, Puts Further Pressure on Humira
June 27th 2017Today, Sanofi and Regeneron announced that the European Commission has granted marketing authorization for the companies’ sarilumab (Kevzara), which is approved to treat severely active rheumatoid arthritis, and which outperformed Humira in a phase 3 trial.
Biocad's Rituximab Biosimilar Enters Latin America; Roadblocks Remain in the US
June 26th 2017Earlier this month, Biocad obtained a marketing authorization for its rituximab biosimilar in Bolivia and Honduras. The product, USMAL, will be available to patients within months. Yet the Russian firm sees roadblocks ahead for US market entry.
Report Suggests that Biosimilars May Slow Drug Sales Worldwide by 2022
June 21st 2017Worldwide prescription drug sales could reach $1.06 trillion by 2022, according to a new report. This earning represents only a 6.5% compound annual growth rate, and biosimilars may well play a significant role in curbed growth.
Healthcare Leaders Increasingly Rely on Generics to Control Drug Spending
June 17th 2017A new survey of 47 healthcare C-suite executives found that drug spending has increased among healthcare leaders. That trend, the report’s authors say, will only increase in the coming years, and health system leaders will need strategies to cope with the burden.
BI Announces Positive Phase 3 Results for Its Biosimilar Adalimumab
June 15th 2017On Wednesday, Boehringer Ingelheim announced results from a phase 3 trial of its adalimumab biosimilar candidate, BI 695501. The study’s results showed that BI 695501 and AbbVie’s branded adalimumab, Humira, have similar clinical efficacy, safety, and immunogenicity in patients with moderate to severe rheumatoid arthritis.
SCOTUS Reverses Federal Circuit Court Decision in Sandoz v Amgen on 180-Day Rule
June 12th 2017In a big win for Sandoz, the US Supreme Court ruled today that a manufacturer of a biosimilar product can provide a notice of commercial marketing either before or after FDA approval of the drug to the reference product developer.