Pfenex and Alvogen announced this week that they have entered into agreements to develop and commercialize PF708, a follow-on teriparatide product referencing Forteo, for the treatment of osteoporosis, in the European Union, some countries in the Middle East and North Africa, and other territories.
Pfenex and Alvogen announced this week that they have entered into agreements to develop and commercialize PF708, a follow-on teriparatide product referencing Forteo, for the treatment of osteoporosis, in the European Union, some countries in the Middle East and North Africa, and other territories.
Subject to regulatory approval, the drug will be commercialized in the European Union and Switzerland by Theramex, in the Middle East and North Africa by SAJA, and in the remaining territories by Alvogen’s current and future commercialization partners.
Under the agreement, Alvogen will assume responsibility for the local activities carried out by Teramex, SAJA, and other commercialization partners, and will oversee clinical development, regulatory submissions, litigation, manufacturing, and commercialization activities. Pfenex may be eligible to receive a gross profit split of up to 60% on sales of the product.
Pfenex is currently awaiting regulatory approval for its drug, and in the United States, it submitted an application to the FDA for consideration in December 2018. Whereas in the European Union, subsequent-entry versions of teriparatide are regulated as biosimilars, in the United States, they are treated as follow-on products. Although many products treated as drugs by the FDA (like insulins and hormones) will be regulated as biologics beginning on March 23, 2020, teriparatide is not on the FDA’s preliminary list of products that will make that transition. Thus, the Pfenex product is expected to remain a follow-on in the US context.
As such, Pfenex has submitted an 505(b)(2) New Drug Application (NDA) rather than an abbreviated Biologics License Application for the product. A key feature of 505(b)(2) NDAs is that the pathway allows manufacturers to submit their drug products for FDA review by including data collected by the reference product sponsor, although, like the biosimilar approval pathway, the follow-on must be shown to be similar to the reference through bioanalytical testing, preclinical studies, and clinical trials.
In Pfenex’s case, it submitted a data package that included a 24-week study in 181 patients with osteoporosis. The study’s primary end point was the incidence of antidrug antibodies (ADAs) at week 24, and it found no differences in the number of patients who developed ADAs while taking the reference drug or while taking PF708.
Pfenex says that it expects to be able to launch PF708 in the United States as early as the fourth quarter of 2019.
Escaping the Void: All Things Biosimilars With Craig & G
May 4th 2025To close out the Festival of Biologics, Craig Burton and Giuseppe Randazzo from the Association for Accessible Medicines and the Biosimilars Council tackle the current biosimilar landscape and how the industry can emerge from the "biosimilar void."
How AI Can Help Address Cost-Related Nonadherence to Biologic, Biosimilar Treatment
March 9th 2025Despite saving billions, biosimilars still account for only a small share of the biologics market—what's standing in the way of broader adoption and how can artificial intelligence (AI) help change that?
The Trump Administration’s Drug Price Actions and Why US Prices Are Already Sky-High
May 17th 2025While the Trump administration’s latest executive order touts sweeping drug price cuts through international benchmarking, the broader pharmaceutical pricing crisis in the US reveals a far more complex web of development costs, profit incentives, and absent price controls—raising the question of whether any single policy, including potential drug tariffs, can truly untangle it.