Amgen’s Mvasi Biosimilar Overtakes Avastin In The US

California-Based Giant Enjoyed Biosimilars Sales Of $1.7bn Last Year

Amgen enters 2021 with a five-strong global biosimilars portfolio, spearheaded by its market-leading bevacizumab and trastuzumab products in the US. Management explained the contrasting fates of the two oncology biosimilars as it published full-year financial results.

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Amgen has just launched its fifth biosimilar in the US, a rival to rituximab. • Source: Amgen

Amgen’s Mvasi (bevacizumab-awwb) biosimilar exited 2020 as the leading bevacizumab product in the US by market share, ahead of Roche’s Avastin reference brand, with a 48% holding achieved less than 18 months after launch.

The California-based biotech remains optimistic about its US and international prospects for Mvasi, which generated revenues of $656m in the US last year and $798m overall

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