article thumbnail

Opinion: What does ‘bona fide competition’ actually mean in the biologics market?

STAT

29, Medicare released its highly anticipated list of 10 therapies for which it plans to establish a price by 2026. Analysts have rightly criticized the congressional decision to once again confer greater protection on biologics.

article thumbnail

Sandoz to build Slovenian biosimilar development facility

European Pharmaceutical Review

To support future growth of its biosimilar pipeline, Sandoz is planning to build a Biosimilar Technical Development Center in Slovenia. The company intends to invest approximately $90 million at its site in Ljubljana, Slovenia, to establish a dedicated Sandoz Biopharma Development Center by 2026.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Construction starts on $400m biosimilars production centre in Slovenia

European Pharmaceutical Review

The first stage of construction has officially begun on Lek Pharmaceuticals’ new biologics and biosimilars production centre in Lendava, north eastern Slovenia. The new biosimilars production centre will also include facilities for manufacturing and storage. The site employs 775 people full time, Sandoz said.

article thumbnail

FDA grants approval for Fresenius-Formycon’s biosimilar Otulfi

Pharmaceutical Business Review

Fresenius Kabi and Formycon signed an international commercialisation deal in February last year for the ustekinumab biosimilar candidate for various markets across the globe. Otulfi is said to be the fourth biosimilar of is Fresenius Kabi to receive marketing authorisation in the US.

article thumbnail

Sandoz partners with Just–Evotec Biologics to develop and manufacture multiple biosimilars

Express Pharma

The agreement covers the development and manufacture of multiple biosimilar medicines with an option for expansion. Development of the biosimilars will ramp-up over the coming 12-18 months.” The post Sandoz partners with Just–Evotec Biologics to develop and manufacture multiple biosimilars appeared first on Express Pharma.

article thumbnail

STAT+: Pharmalittle: Winners and losers from Medicare drug-negotiation list; Novo strikes deal to keep lead in weight-loss drugs

STAT

Department of Health and Human Services named 10 medicines that will be subject to price negotiations for the Medicare program in 2026, a milestone and a point to start appraising the impact of the law , STAT explains. Amgen and J&J reached an agreement in May to allow a biosimilar for Stelara no later than Jan.

article thumbnail

Meitheal Announces Exclusive Commercial Licensing Agreement for Insulin Biosimilars in the US

Big Molecule Watch

(“THDB”) to market three insulin biosimilars (insulin aspart, insulin lispro, and insulin glargine) in the United States. NKF”), exclusive rights to commercialize the three biosimilar insulin products upon approval by the FDA, estimated to be on or around 2026. THDB and NKF will jointly handle product development and supply.