Fifth US Biosimilar To Herceptin Launched By Merck
Ontruzant Biosimilar Available For All Eligible Indications
Merck & Co has launched Ontruzant, the trastuzumab biosimilar developed and manufactured by Samsung Bioepis, in the US following a staggered approval process and earlier intellectual-property hurdles. The list price discount offered by the firm puts it in the middle of the pack among the four other biosimilar players currently on the market.
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Four years after initiating its comparative trastuzumab study, Samsung Bioepis has presented positive data that the firm hopes will help build confidence in the use of biosimilars for prescribers and patients. Meanwhile, the company also has good news for its SB11 ranibizumab biosimilar.
In an exclusive interview, the executive vice-president for Samsung Bioepis’ commercial division, Sang-Jin Pak, tells Generics Bulletin there is plenty of opportunity remaining in the crammed US trastuzumab market and explains what an achievement it was for the South Korea-based company to reach profitability only eight years after inception.
With biosimilars to Avastin on the way later this year in Europe, Roche will face competition to its three key biosimilar monoclonal antibodies in the US, EU and Japan. Management detailed to investors the company’s latest expectations.