Three drug developers have made recent strides forward with their biosimilars or proposed biosimilar referencing Enbrel (etanercept), with new product approvals, manufacturing developments, and growing sales.
Three drug developers have made recent strides forward with their biosimilars or proposed biosimilar referencing Enbrel (etanercept), with new product approvals, manufacturing developments, and growing sales.
LG Chem Wins Japanese Approval for LBEC0101
Yonhap news agency reports that the Republic-of-Korea—based LG Chem has gained authorization from the Japanese Ministry of Health, Labor, and Welfare to sell its biosimilar etanercept biosimilar, LBEC0101.
In December 2017, results of a phase 3 study of LBEC0101 were published in the Annals of the Rheumatic Diseases. The study, conducted in patients with rheumatoid arthritis in 48 centers in Japan and 30 centers in the Republic of Korea, found that the biosimilar had a comparable safety profile to the reference Enbrel, and was well tolerated. Notably, injection-site reactions occurred in fewer patients, and with a lower frequency, in the biosimilar arm of the study than in the reference drug arm.
In addition to its etanercept biosimilar, LG Chem's proposed adalimumab biosimilar, LBAL, is currently in phase 3 development.
Clover to Use GE Platform to Produce Proposed Etanercept Biosimilar
GE has announced that biosimilar developer Clover Biopharmaceuticals will use GE’s biomanufacturing platform, FlexFactory, to produce biosimilars in a new facility in Changxing, Zhejiang, China.
The first biosimilar to be produced using the GE platform is Clover’s SCB-808, a proposed biosimilar etanercept in a pre-filled pen presentation (according to Clover, etanercept biosimilars currently available in China are available only as freeze-dried powder formulations).
Clover reports that the manufacturing facility, which will include two 2000-liter bioreactors, will be up and running by the second half of 2018.
Sandoz Sees Growth for Erelzi in European Union
In its financial report for the fourth quarter of 2017, Sandoz’s parent company, Novartis, called its biosimilars key growth drivers. Sales of the company’s biologics, including biosimilars, reached $309 million during the fourth quarter, due in part to the launch of Erelzi, the company’s etanercept biosimilar, in the European Union.
Sandoz also launched Rixathon, a rituximab biosimilar, in the EU marketplace, and Zarxio, a filgrastim biosimilar, continued to drive growth in the US market.
Sandoz reports, however, that the company’s net sales for the full year were down, as its volume growth of 6% was more than offset by an 8% price erosion, which it says results from “industry-wide pricing pressure” in the United States.
Overcoming Challenges to Improve Access and Reduce Costs
November 12th 2024Biosimilars hold the potential to dramatically lower health care costs and improve access to life-changing treatments, but realizing this potential will require urgent policy reforms, market competition, and better education for both providers and patients.
Biosimilars in America: Overcoming Barriers and Maximizing Impact
July 21st 2024Join us as we explore the complexities of the US biosimilars market, discussing legislative influences, payer and provider adoption factors, and strategies to overcome industry challenges with expert insights from Kyle Noonan, PharmD, MS, value & access strategy manager at Cencora.
Skyrizi Overtakes Humira: “Product Hopping” Leaves Biosimilar Market in Limbo
November 7th 2024For the first time, Skyrizi (risankizumab-rzaa) has replaced Humira (reference adalimumab) as AbbVie’s sales driver, largely due to companies encouraging “product hopping” to avoid competition, creating concerns for the sustainability of the burgeoning adalimumab biosimilar market.
Exploring the Biosimilar Horizon: Julie Reed's Predictions for 2024
February 18th 2024On this episode of Not So Different, Julie Reed, executive director of the Biosimilars Forum, returns to discuss her predictions for the biosimilar industry for 2024 and beyond as well as the impact that the Forum's 4 new members will have on the organization's mission.
Panelists Stress Stakeholder Education to Build Confidence in Biosimilars
October 31st 2024By expanding educational initiatives to clarify biosimilar safety, efficacy, and interchangeability, stakeholders can foster trust, improve access, and ensure that biosimilars are widely accepted as high-quality, cost-effective alternatives to originator biologics.