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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Biogen Inc | NASDAQ:BIIB | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
3.91 | 1.80% | 221.42 | 221.42 | 221.87 | 222.40 | 218.29 | 218.64 | 1,199,732 | 23:00:48 |
By Colin Kellaher
Biogen Inc. on Friday said the European Medicines Agency has accepted its application seeking approval of BIIB800, a proposed biosimilar to Roche Holdings AG's blockbuster anti-inflammatory drug Actemra.
Cambridge, Mass.-based Biogen said the filing is supported by Phase 3 data from a comparative clinical trial showing equivalent efficacy and a comparable safety and immunogenicity profile to Actemra, which is approved for several U.S. indications, including moderate-to-severe rheumatoid arthritis in adults, as well as juvenile idiopathic polyarthritis and systemic juvenile idiopathic arthritis.
Biosimilars are near-copies of biologic drugs that are made from living cells and are analogous to generic copies of traditional pill-form medicines.
Roche, which also markets Actemra as RoActemra, reported sales of roughly $2.2 billion for the drug for the first nine months of the year.
Biogen has exclusive regulatory, manufacturing and commercial rights to BIIB800 in all countries excluding China under a 2021 licensing agreement with Bio-Thera Solutions Ltd.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
December 09, 2022 08:05 ET (13:05 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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