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Celltrion Sees Double-Digit Growth In Sales And Profit

As Company’s Biosimilars Strategy Continues To Deliver

 
• By Akriti Seth

South Korea’s Celltrion saw a double-digit jump in sales and operating profit in 2020 based on continued growth for its leading biosimilars. Meanwhile, the company is pursuing its strategy of developing at least one biosimilar annually.

South Korea Money
South Korea’s Celltrion sees YoY jump in sales on the back of “continued growth of major products” • Source: Shutterstock

Celltrion has credited continued growth for its leading biosimilars, including increased uptake of Truxima (rituximab) in the US and the expansion of indications for its subcutaneous Remsima SC (infliximab) in Europe, for a significant rise in sales and profits in 2020.

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