Celltrion Recovers With High-Margin US Sales
Company Files For Donepezil Patch With Korean Ministry of Food and Drug Safety
South Korea’s Celltrion has delivered a strong second quarter on the back of high-margin US sales, as its Truxima rituximab biosimilar recovered. The company is on track to launch at least one biosimilar every year by 2030. Meanwhile, the company and partner Icure have filed a donepezil patch with the Korean Ministry of Food and Drug Safety.
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Celltrion has won a Brazilian tender to supply two oncology biosimilars – Herzuma (trastuzumab) and Truxima (rituximab) – to the Brazilian market. Based on its successful bid in Brazil, the company plans on expanding its direct sales business model to Peru and Chile in the third quarter of this year.
South Korea’s Celltrion has announced positive results from its recent study on the real-world clinical effectiveness and safety of its Truxima (rituximab) or CT-P10 biosimilar in patients with diffuse large B-cell lymphoma. The company presented its findings at the recently held European Hematology Association 2021 virtual congress.
Biosimilars major Celltrion has announced further progress on its biosimilar Xolair candidate, as it faces off against the likes of Glenmark to introduce global competition to Genentech/Novartis’ blockbuster cardiovascular biologic.