Formycon and Bioeq say resubmission of the biologics license application for their ranibizumab candidate will not affect launch timing in US or European markets.
In an update on development of a ranibizumab biosimilar candidate, FYB201, for the treatment of macular degeneration, Formycon said it is hoping the FDA will grant approval for large-scale commercialization of the agent and that the approval process will be simplified.
In February, Formycon and its licensing partner, Bioeq, said the FDA had requested additional information related to a manufacturing change and that it would require resubmission of the application for FYB201. A piece of equipment was shifted to a new location, and the change was unrelated to product quality or other product characteristics, Formycon and Bioeq said.
The processing equipment had been moved based on the request of European health authorities, and because of this, the FDA requested additional manufacturing data to support the biologics license application (BLA). The BLA was withdrawn while these data were generated.
The companies are aiming at the market for the Lucentis reference product. Lucentis is a Roche product and garnered sales of $1.12 billion in the third quarter of 2020, down 14% from the year-ago comparable quarter.
In the update, Formycon and Bioeq said they had adjusted their resubmission strategy for FYB201 and intended to file the application with the FDA sometime in the first half of 2021. They said the delay was not expected to have any effect on timing for the launch for FYB201 in the United States or European Union.
Ranibizumab is used to treat wet age-related macular degeneration, a disease that causes excessive formation of blood vessels in the retina of the eye, resulting in a progressive loss of central vision, severe visual impairment, or blindness.
Ranibizumab is also used in the treatment of diabetic macular edema, diabetic retinopathy, myopic choroidal neovascularization, and macular edema following retinal vein occlusion.
Health Canada Approves First Omalizumab Biosimilar
December 16th 2024Health Canada has approved Omlyclo, the first omalizumab biosimilar in Canada, for the treatment of chronic idiopathic urticaria, allergic asthma, and chronic rhinosinusitis with nasal polyps, based on a phase 3 study confirming its bioequivalence to the reference product.
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.
Commercial Payer Coverage of Biosimilars: Market Share, Pricing, and Policy Shifts
December 4th 2024Researchers observe significant shifts in payer preferences for originator vs biosimilar products from 2017 to 2022, revealing growing payer interest in multiple product options, alongside the increasing market share of biosimilars, which contributed to notable reductions in both average sales prices and wholesale acquisition costs.
Insights from Festival of Biologics: Dracey Poore Discusses Cardinal Health’s 2024 Biosimilar Report
May 19th 2024The discussion highlights key emerging trends from the Festival of Biologics conference and the annual Cardinal Health Biosimilars Report, including the importance of sustainability in the health care landscape and the challenges and successes in biosimilar adoption and affordability.
Aflibercept Biosimilar MYL-1701P Provides Equivalence in DME Therapy
November 27th 2024The study findings demonstrate that the aflibercept biosimilar MYL-1701P is as effective and safe as the reference aflibercept in treating diabetic macular edema (DME), offering a promising option for reducing treatment costs and improving global access to care for patients with DME.
Denosumab Biosimilars Earn Positive CHMP Opinion for Bone Loss and Giant Cell Tumor of Bone
November 26th 2024The European Medicines Agency Committee for Medicinal Products for Human Use (CHMP) has issued a positive opinion for the denosumab biosimilars SB16 for all indications referencing Prolia and Xgeva.