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Alvotech Welcomes Stelara Biosimilar Into Phase III Development

Joins Alvotech’s Biosimilar Humira Candidate

 
• By Dean Rudge

Alvotech has announced two studies running in parallel for the firm’s AVT04 ustekinumab biosimilar referencing Janssen’s $7.7bn Stelara treatment for autoimmune diseases, including a Phase III comparative study.

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Alvotech has launched two clinical trials • Source: Shutterstock

Alvotech has pushed its second biosimilar into Phase III clinical study development, the Icelandic firm’s AVT04 ustekinumab product referencing Janssen’s $7.7bn Stelara treatment for autoimmune diseases.

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Coherus Marks Exit From Biosimilars By Completing Udenyca Divestment

 
• By Dave Wallace

Coherus has officially marked its exit from biosimilars by completing the divestment of its Udenyca pegfilgrastim franchise. Meanwhile, buyer Accord BioPharma has set out how it expects to benefit not only from a growing asset but also from the Coherus personnel that have moved over.

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