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Celltrion Eyes Price Advantage For ‘Latecomer’ Bevacizumab

Planning To Leverage Biosimilar Cost Competitiveness After Filings In Korea And US

 
• By Dave Wallace

Celltrion has indicated that it intends to leverage its ability to compete on cost to gain a foothold in the bevacizumab market, despite being a “latecomer” in the wake of firms that have previously launched and filed biosimilar rivals to Avastin.

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Celltrion is planning to leverage its cost competitiveness on bevacizumab • Source: Alamy

Celltrion has hinted that it could be willing to compete aggressively on price when it launches its biosimilar rival to Avastin (bevacizumab), as the Korean company announced a domestic filing for its CT-P16 candidate as well as a filing with the US Food and Drug Administration.

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