At the J.P. Morgan Healthcare conference, Lupin Pharmaceuticals, a subsidiary of India-based Lupin Limited, announced biosimilar development plans for the company.
At the J.P. Morgan Healthcare conference, Lupin Pharmaceuticals, a subsidiary of India-based Lupin Limited, announced biosimilar development plans for the company.
Lupin said that it is setting a target date to file regulatory applications for biosimilar etanercept (referenced on Amgen’s Enbrel) in the first quarter of 2019’s fiscal year in Europe, and in the third quarter of 2020’s fiscal year in the United States.
Looking farther in Lupin’s biosimilar pipeline, ranibizumab is currently in phase 1 clinical trials, while pegfilgrastim, filgrastim, denosumab, pertuzumab, and afliberept are all in early stages of development.
Lupin also discussed its goal of putting a stronger emphasis on addressing the $54 billion complex generic drugs market as it tries to set itself apart from the growing competition around branded drugs. In this respect, it is focusing efforts on developing its inhaled drug pipeline, worth $17 billion, in the next 3 years. Lupin also announced that it is in discussions with the FDA to explore opportunities to accelerate the development timeline for such programs. Lupin expects its complex generic portfolio to begin contributing to its yearly earnings growth starting in fiscal years 2018 to 2020.
The company also said that it is focusing on getting 2 of its plants, located in Goa and Indore, up to code after they received warning letters from the FDA in November 2017 for deviation in good manufacturing practices.
Issues observed include failure to thoroughly investigate unexplained discrepancies or failures of a batch or any of its components to meet any specifications and failure to establish appropriate time limits for the completion of each phase of production to assure the quality of the drug product.
In order to become compliant, the FDA has recommended that a current good manufacturing practice consultant be hired to comprehensively assess the manufacturing processes and laboratory systems.
Eye on Pharma: Korean Drugmakers’ Impact in Europe; New Denosumab, Eculizumab Deals
January 11th 2025Korean drugmakers hold over 50% market share in the 6 best-selling biosimilar markets, 2 companies sign exclusive licensing partnership for a denosumab biosimilar, and 2 others join forces for an eculizumab biosimilar.
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.
Commercial Payer Coverage of Biosimilars: Market Share, Pricing, and Policy Shifts
December 4th 2024Researchers observe significant shifts in payer preferences for originator vs biosimilar products from 2017 to 2022, revealing growing payer interest in multiple product options, alongside the increasing market share of biosimilars, which contributed to notable reductions in both average sales prices and wholesale acquisition costs.
Exploring the Biosimilar Horizon: Julie Reed's Predictions for 2024
February 18th 2024On this episode of Not So Different, Julie Reed, executive director of the Biosimilars Forum, returns to discuss her predictions for the biosimilar industry for 2024 and beyond as well as the impact that the Forum's 4 new members will have on the organization's mission.
Overcoming Challenges to Improve Access and Reduce Costs
November 12th 2024Biosimilars hold the potential to dramatically lower health care costs and improve access to life-changing treatments, but realizing this potential will require urgent policy reforms, market competition, and better education for both providers and patients.