FDA Approves Coherus’ Cimerli as Interchangeable Biosimilar to Ranibizumab
August 3rd 2022Another ranibizumab biosimilar, Byooviz, is approved, but Coherus’ product is the first deemed interchangeable, which involves additional FDA requirements that allow substitution without intervention of the prescribing clinician.
Alvotech Enters Licensing Agreement With BiosanaPharma for Development of Biosimilar for Xolair
February 2nd 2022Xolair, the only currently approved product containing omalizumab, was first approved in 2003. AVT23 is an investigational compound and has not received regulatory approval in any country. Current sales of Xolair are estimated at $3.3 billion.
Cheryl Larson Discusses Employer Initiatives to Battle Costs of Care
April 25th 2020Cheryl Larson, president and chief executive officer of the Midwest Business Group on Health, discusses the sticker shock of rising specialty drug costs and how biosimilars are going to be incorporated into efforts to push back against this medical inflation.
NeuClone Completes Early Testing for Psoriasis Biosimilar
April 8th 2020NeuClone said phase 1 patient monitoring and blood sampling has been completed for its ustekinumab biosimilar candidate, which is targeted at the $6.6 billion in annual revenue earned by Stelara, a Janssen Pharmaceutical Companies product.