Innovent Biologics said China’s National Medical Products Administration (NMPA) has approved its biosimilar bevacizumab, Byvasda, for use in patients with lung and colorectal cancers.
Suzhou, China-based Innovent Biologics said China’s National Medical Products Administration (NMPA) has approved its biosimilar bevacizumab, Byvasda, for marketing for the treatment of advanced non—small cell lung cancer (NSCLC) and metastatic colorectal cancer.
"The launch of Byvasda will provide Chinese patients with high-quality and relatively more-affordable bevacizumab," Innovent said in a statement. The company noted that cancer incidence for the drug's indications is high and the cost of the reference product is beyond the reach of many patients.
The competition to bring bevacizumab biosimilars to market in China is heating up. Also this week, Shanghai Henlius Biotech said its bevacizumab biosimilar candidate HLX04 met the 9-month primary end point of progression-free survival in patients with metastatic colorectal cancer (mCRC).
Henlius said the drug is being developed specifically for use in treating mCRC and nonsquamous NSCLC.
“Currently, there still remains huge unmet clinical demand for bevacizumab treatment in China, as many ordinary Chinese patients cannot afford it,” Innovent said.
Among malignant tumors, lung cancer has the highest incidence and mortality rate in China, with more than 770,000 newly diagnosed patients and 690,000 deaths in 2018, according to a report from the World Health Organization (WHO)'s International Agency for Cancer Research.
Also in China in 2018, there were 517 million patients with newly diagnosed colorectal cancer and 245 million deaths from this disease, according to the WHO.
Bevacizumab is a recombinant humanized anti—vascular endothelial growth factor monoclonal antibody (mAb) drug and is used to treat patients with multiple malignant tumors globally, including NSCLC, mCRC, glioblastoma, renal cell carcinoma, cervical cancer, and epithelial ovarian, fallopian tube, or primary peritoneal cancer.
The bevacizumab biosimilar references Genentech’s Avastin and is Innovent’s second mAb drug approved by the NMPA in China following a sintilimab (Tyvyt) injectable approved in 2018 for patients with Hodgkin lymphoma.
In January 2020, Innovent sold the US and Canadian commercialization rights for Byvasda to Coherus BioSciences, of Redwood City, California.
Innovent has rituximab (IBI301) and adalimumab (IBI303) biosimilars in development. A phase 3 trial of IB301 concluded in 2019 and results showed that safety and pharmacokinetic data demonstrated equivalency to the reference drug, Rituxan. IBI303 is currently under review by the NMPA after an application for this was accepted in 2018.
The Role of Coverage Strategies in Biosimilar Market Impact and Cost Savings
September 4th 2024A recent study highlights that although biosimilars have led to significant price reductions, originator products with sole preferred coverage strategies have maintained market share, suggesting that increased biosimilar uptake alone may not fully leverage the market's competitive and cost-saving potential.
Biosimilars in America: Overcoming Barriers and Maximizing Impact
July 21st 2024Join us as we explore the complexities of the US biosimilars market, discussing legislative influences, payer and provider adoption factors, and strategies to overcome industry challenges with expert insights from Kyle Noonan, PharmD, MS, value & access strategy manager at Cencora.
Biosimilars Oncology Roundup for June 2024—Podcast Edition
July 7th 2024On this episode of Not So Different, we review biosimilar news coming out of June, with clinical trial results from conferences and a study showcasing how to overcome economic and noneconomic barriers to oncology biosimilars.