Guangzhou, China-based Bio-Thera has filed a biologics license application (BLA) with the FDA for the approval of bevacizumab biosimilar candidate BAT1706.
The FDA has accepted a biologics license application (BLA) for the review of BAT1706, a proposed biosimilar to bevacizumab, referencing Avastin. If approved, the Bio-Thera Solutions biosimilar candidate would become the third bevacizumab biosimilar on the US market. The others are Mvasi and Zirabev.
In the United States, Mvasi (Amgen) was launched in July 2019 and Zirabev (Pfizer) in January 2020. By June, 2020, these biosimilars had achieved a 40% share of the US market for bevacizumab, according to Amgen.
Zirabev and Mvasi were launched at average sales prices (ASPs) 19% and 12% below the ASP of Avastin, respectively. By the end of the second quarter of 2020, they had contributed to a 2% decline in the ASP of Avastin.
Bio-Thera is a Guangzhou, China-based company with offices in Beijing and Cambridge, Massachusetts. The FDA has established a November 27, 2021, decision date for the application.
Bio-Thera is seeking approval for use of BAT1706 in the treatment of metastatic colorectal cancer in combination with fluorouracil-based chemotherapy, first-line treatment of nonsquamous non–small cell lung cancer, recurrent glioblastoma, metastatic renal cell carcinoma in combination with interferon alfa, and persistent, recurrent, or metastatic cervical cancer.
The company said it has also filed for regulatory approval in China and the European Union, thereby “demonstrating Bio-Thera’s commitment to developing BAT1706 to global standards so that BAT1706 can be made available to the global cancer patient community.”
Bio-Thera said the BLA submission is based on positive data from preclinical comparison studies, pharmacokinetic studies, and an international, multicenter, phase 3 clinical comparison study. These provided evidence that BAT1706 is highly similar to the reference product in terms of clinical efficacy, safety, and immunogenicity, the company said.
The company has commercialized 1 biosimilar so far, to adalimumab, a rheumatologic and gastrointestinal therapy. The product is Qletli, which references AbbVie’s Humira and is marketed in China. The company is also developing biosimilar versions of tocilizumab, golimumab, ustekinumab, and secukinumab, which are all immunosuppressants and indicated for such conditions as arthritis and plaque psoriasis. The company is also developing a mepolizumab biosimilar, an anti-inflamatory for the treatment of asthma, eosinophilic granulomatosis, and hyperosinophilic syndrome.
In December 2020, Bio-Thera announced it had formed a partnership with Brazil-based Biomm for the commercialization of BAT1706 in Brazil. Biomm will file the regulatory application.
Biosimilars Drive Cost Savings and Achieve 53% Market Share Across Treatment Areas
January 16th 2025Biosimilar launches achieve a 53% market share and a 53% reduction in average drug costs after 5 years of biosimilar competition, according to Samsung Bioepis’ most recent market report, showcasing notable pricing trends and market share disparities across therapeutic areas.
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.
Improving Biosimilar Access Through Global Regulatory Convergence
January 15th 2025Achieving global regulatory harmonization for biosimilar vaccines and immunotherapies is essential to improving market access, reducing costs, and enhancing patient outcomes by streamlining approval processes, fostering international collaboration, and addressing regulatory disparities.
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.
The Next Frontier: Oncology Biosimilars in 2025 and Beyond
January 13th 2025The US oncology biosimilar market has rapidly evolved since its launch in 2017, driven by steep price discounts, payer adoption, and provider confidence, with an upcoming wave of biosimilars targeting blockbuster biologics promising further market growth, cost savings, and broader patient access.
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.