Samsung Bioepis announced Wednesday that it has entered into a new commercialization agreement with partner Biogen for 2 ophthalmology biosimilars that are currently in development.
Samsung Bioepis announced Wednesday that it has entered into a new commercialization agreement with partner Biogen for 2 ophthalmology biosimilars that are currently in development.
The agreement relates to SB11, a proposed ranibizumab biosimilar referencing Lucentis, and SB15, a proposed aflibercept biosimilar referencing Eylea, in the US, Canada, Europe, Japan, and Australia. SB11 is currently in a phase 3 clinical trial, while SB15 is in preclinical development.
The agreement also gives Biogen the option to extend by 5 years its existing 10-year commercialization agreement for 3 anti—tumor necrosis factor (anti-TNF) biosimilars in Europe. The anti-TNF agents are an etanercept biosimilar (Benepali, which is also approved in the US context as Eticovo, though it remains unlaunched), an infliximab biosimilar (Flixabi, approved in the US market as Renflexis, where it commercialized by Merck), and an adalimumab biosimilar (Imraldi, which is approved, but unlaunched, in the United States as Hadlima).
The deal also allows Biogen to receive commercialize the 3 anti-TNF agents in China in exchange for royalties on sales.
“In Europe, we have been very pleased with Biogen’s commercialization efforts with our anti-TNF medicines, fulfilling the mission of expanding access to high-quality medicines to patients across Europe. By building on this collaboration, we are excited to potentially expand the opportunity for patients living with ophthalmological conditions, who don’t have access to life-changing medicines,” said Christopher Hansung Ko, president and chief executive officer of Samsung Bioepis, in a statement announcing the deal.
Biogen has so far seen strong results from its biosimilar commercialization efforts; at a recent meeting, Dan Cohen, Biogen’s regional senior director of biosimilars for the United Kingdom, Ireland, and the Netherlands, told attendees that 170,000 patients with inflammatory diseases have now been treated with one of the partnership’s biosimilars, generating $1.8 billion in savings across Europe this year.
In the United Kingdom alone, the savings from biosimilars have allowed 44% more patients to be treated with anti-TNF agents, he added.
Cost-Benefits, Efficacy of Biosimilar Ranibizumab vs Aflibercept for nAMD in Japan
January 22nd 2025When compared with reference aflibercept, a biosimilar ranibizumab was a clinically effective and cost-saving alternative in a study assessing Japanese patients with different subtypes of neovascular age-related macular degeneration (nAMD).
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.
Biosimilars Drive Cost Savings and Achieve 53% Market Share Across Treatment Areas
January 16th 2025Biosimilar launches achieve a 53% market share and a 53% reduction in average drug costs after 5 years of biosimilar competition, according to Samsung Bioepis’ most recent market report, showcasing notable pricing trends and market share disparities across therapeutic areas.
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.
Study Confirms CT-P42 Therapeutic Equivalence to Reference Aflibercept in DME
January 6th 2025The phase 3 trial showed biosimilar CT-P42 (Celltrion) is therapeutically equivalent to reference aflibercept in improving visual acuity in patients with diabetic macular edema (DME), with comparable efficacy, safety, pharmacokinetics, and immunogenicity at 24 weeks, with more long-term data expected.
The Top 5 Most-Read Ophthalmology Articles of 2024
December 30th 2024The 2024 surge in FDA approvals for aflibercept biosimilars reflects significant progress in offering cost-effective treatments for retinal conditions like neovascular age-related macular degeneration, although patent disputes pose challenges to their market entry and adoption.