11 months ago

Dr. Reddy's Biosimilar Receives Positive EMA Recommendation

Dr. Reddy's Biosimilar Receives Positive EMA Recommendation
Dr Reddy’s biosimilar gets nod from European Medical Agency’s panel · thehindubusinessline.com

Imagine medicines that are copies of other medicines, but are safe and effective.

These are called biosimilars.

The European Medicines Agency (EMA) has approved AVT03, a biosimilar, for sale in Europe.

AVT03 is similar to two medicines: Prolia and Xgeva.

These medicines help treat osteoporosis (weak bones) and bone problems in cancer patients.

Dr. Reddy’s and Alvotech are working together; Alvotech will make the medicine, and Dr. Reddy’s will sell it.

Dr. Reddy’s will sell the medicine under the names Acvybra and Xbonzy.

This means more people in Europe may have access to medicines that treat bone-related problems.

Key facts

Biosimilar Name
AVT03
Originator Drugs
Prolia, Xgeva (denosumab)
Regulatory Body
European Medicines Agency (EMA)
Target Market
European Economic Area (EEA)
Commercialization Agreement
Dr. Reddy's and Alvotech
Dr. Reddy's Rights
Exclusive in U.S., semi-exclusive in Europe/UK

Sources

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