Pfizer Biosimilars Sales Hit $1.5bn In 2020 As US Revenues Double

Three Oncology Launches Help Drive Growth In US

Pfizer’s US biosimilars sales approached $1bn last year, following a number of launches and continued uptake for key products, while revenues in international markets, especially Europe, also increased.

Pfizer New Branding
Pfizer entered the new year with a new logo, switching from the blue, pill-shaped oval used for the past 70 years. • Source: Pfizer

Launching Ruxience (rituximab-pvvr), Zirabev (bevacizumab-bvzr) and Trazimera (trastuzumab-qyyp) in the US early in 2020, coupled with extraordinary uptake for Retacrit (epoetin alfa-epbx), saw sales of Pfizer’s biosimilars in the US double to $899m last year.

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Organon Looks To Tap Tocilizumab Potential Following Biogen Acquisition

 
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Organon has swelled its immunology biosimilar portfolio after acquiring the US commercial rights to Bio-Thera’s tocilizumab biosimilar from Biogen, which last year decided to retain its interests in biosimilars following a lengthy strategic review.

Who’s Hired? Alvotech Appoints Strategy And Quality Chiefs

 
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Alvotech has named two new key executives, while Biosimilars Canada has elected its 2025 leaders and the AAM has welcomed the new FDA commissioner in the US.

Richter Confirms European Tocilizumab Filing

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Accord’s Denosumab Biosimilars Get Thumbs-Up From EMA

 
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Accord received positive opinions for its Prolia and Xgeva biosimilars at the latest meeting of the EMA’s CHMP. Meanwhile, Celltrion picked up a nod for another Stelara biosimilar, while Rechon Life Science withdrew an application for human insulin.

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Teva Provigil ‘Pay For Delay’ Fines Should Stand, AG Says

 
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Teva should not be able to overturn European fines imposed over a historical “pay-for-delay” arrangement covering Cephalon’s Provigil (modafinil), an advocate general of the CJEU has recommended.

Who’s Hired? Alvotech Appoints Strategy And Quality Chiefs

 
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Alvotech has named two new key executives, while Biosimilars Canada has elected its 2025 leaders and the AAM has welcomed the new FDA commissioner in the US.

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