Date post: | 06-Aug-2015 |
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Who’s Leading the Biosimilars Race?
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With the first biosimilar approved in the
US, pharmaceutical companies are
scrambling to bring the next to market.
US biopharma giants, Pfizer and Amgen,
along with South Korea’s Celltrion and
Swiss based Novartis are emerging as
frontrunners in the biosimilars race.
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Celltrion has led the pack until now, with
seven molecules in the development
stage, plus biosimilars of Humira,
Rituxan, Herceptin and Avastin already in
clinical trials through its pre-existing
agreement with biosimilar innovator
Hospira. It’s also pushing for FDA
approval of its copy of Johnson &
Johnson/Merck’s rheumatoid arthritis
drug, Remicade, which it currently sells
in Europe as Remsima. Celltrion hopes to
launch it on the US market later this
year, under the name, Inflectra.Biolink.us
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However, Pfizer’s $17 billion acquisition
of Hospira in February may present
another hurdle for Celltrion, with
Hospira’s five biosimilars in development
bumping up Pfizer’s stable to ten.
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Amgen took the first hit to its market
position when Sandoz/Novartis copied its
originator, Neupogen with Zarxio. Sandoz
is also seeking FDA approval of another
two Amgen drugs, Neulasta, which like
Zarxio boosts white blood cell counts,
and Enbrel, another rheumatoid arthritis
drug. Pfizer/Hospira has been circling,
with Retatcrit, its version of Amgen's
anemia biologic, Epogen. Available in
Europe since 2008, it is currently
awaiting FDA approval. This adds up to
almost $11 billion worth of US sales for
Amgen’s four originator biologics in
2014, according to the company’s
financial statements
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But Amgen is showing plenty of fight for
market share. Working on nine biosimilar
copies of competitors' drugs, it aims to
get the first to market by 2017 and
another four by 2019. That’s estimated
at a combined $52 billion worth of sales
according to last year’s figures.
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Amgen, Pfizer, Novartis, and Celltrion are
wisely playing both sides of field –
capitalizing on the new biosimilars
market, while continuing to develop
original biologics. And with such a tightly-
run race, it will be interesting to see who
comes out on top by year’s end.
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