Accord Adds To Crowded EU Trastuzumab Market
First China-Developed mAb To Launch In EU
Shanghai Henlius Biotech is to make history with the first China-developed monoclonal antibody biosimilar in Europe, the firm’s Zercepac (trastuzumab) biosimilar that has been licensed to Accord Healthcare.
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Accord Healthcare is looking to breaking into the crowded market for biosimilar trastuzumab in the EU, after partner Henlius’ application was backed by the EMA’s CHMP. Meanwhile, a recommendation for a generic to the Eliquis anticoagulant was also forthcoming from the committee.
Accord Healthcare has capitalised on its market-leading European Commission approval for Pelgraz (pegfilgrastim) by making “meaningful sales” of the biosimilar neutropenia treatment in Germany within two days of launching. A trade introduction of Pelgraz in the UK is also underway, a company spokesperson told Generics bulletin.
Coherus BioSciences enjoyed another strong quarter, “exceeding expectations,” management said, as the US-based player revealed where it would invest its cash pile following a round of financing in April.