Positive CHMP opinion for pegfilgrastim biosimilar, Fulphila: Biocon and Mylan

Image
Press Trust of India New Delhi
Last Updated : Sep 21 2018 | 7:56 PM IST

Biotechnology major Biocon and pharma firm Mylan Friday said European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP) has issued a positive opinion recommending approval for their pegfilgrastim biosimilar, Fulphila.

Fulphila is a biosimilar to Amgen's pegfilgrastim Neulasta, the companies said in a statement.

The CHMP positive opinion will now be considered by the European Commission. The decision on approval is expected by November 2018, it added.

"CHMP's decision to recommend approval of Biocon and Mylan's biosimilar Pegfilgrastim brings us a step closer to offer this high quality, affordable biologic therapy for cancer patients in the EU, having launched this product in the US, earlier this year," Biocon CEO & Joint MD Arun Chandavarkar said.

Fulphila is the first USFDA-approved biosimilar for Neulasta in the US, the statement said.

Commenting on the development, Mylan President Rajiv Malik said: "We are very proud to be a leader in bringing the first wave of biosimilars to the European market and driving greater access to more affordable treatment options for patients living with chronic and life-threatening illness such as cancer."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 21 2018 | 7:56 PM IST

Next Story