Biopharmaceutical company Biocon Limited (BSE:532523) (NSE:BIOCON) announced on Monday the US commercial launch of Yesafili (aflibercept-jbvf), an FDA-approved interchangeable biosimilar to Eylea 2 mg.
The VEGF inhibitor is indicated for multiple ophthalmology conditions, including wet age-related macular degeneration, retinal vein occlusion-related macular oedema, diabetic macular oedema and diabetic retinopathy.
Clinical data from the Phase 3 INSIGHT Study demonstrated no clinically meaningful differences between Yesafili and Eylea 2 mg in pharmacokinetics, safety, efficacy and immunogenicity.
The US Food and Drug Administration (FDA) approved Yesafili and granted interchangeable designation in May 2024, allowing pharmacy-level substitution in accordance with state laws.
Biocon said the launch expands access to biosimilar aflibercept 2 mg treatments for patients with serious eye conditions.
The company highlighted the potential market opportunity, with an estimated 19.8 million Americans living with age-related macular degeneration and US aflibercept sales reaching approximately USD5.89bn in 2023.
Coiled Therapeutics doses first patient with optimised AO-252 formulation
CREATE Medicines agrees strategic research collaboration with Australia's Monash University
Ractigen Therapeutics IND application for RAG-1C receives FDA clearance
GlycoNex commences dosing in Phase I trial of GNX1021 in Japan
Datroway approved in EU for first-line metastatic triple-negative breast cancer
Karyopharm reports topline Phase 3 trial results in endometrial cancer
Kaigene and Taisho enter exclusive KG006 licensing agreement in Japan
Pfizer reports positive Phase 3 results for LITFULO in nonsegmental vitiligo
Octapharma to build USD1.5bn critical care manufacturing facility in Rock Hill, SC
Ractigen Therapeutics closes over USD31m financing for project advancement
10x Genomics and Lausanne University Hospital to collaborate on cancer care research
European Commission approves RINVOQ for severe alopecia areata
AbCellera and Vertex agree collaboration to develop multispecific T-cell engagers
Incyte's Opzelura approved in European Union for moderate atopic dermatitis