Aptevo Offloads Ruxience Biosimilar Rights In $67.5m Deal

Aptevo currently receives a 2.5% royalty from Pfizer

The royalties for Pfizer’s Ruxience biosimilar, which has achieved a near 25% penetration rate in the US market, are to fall into the hands of another party following an agreement by original holder Aptevo Therapeutics. Teva’s Truxima is reported to be market leader in the US.

 Pedestrians wearing a protective mask walks past Pfizer Inc. headquarters on July 22, 2020 in New York City.
Pfizer launched the Ruxience biosimilar in the US, EU and Japan in 2020 • Source: Shutterstock (Jeenah Moon/Getty Images)

More from Biosimilars

More from Products