Formycon Concludes Successful Development Of Stelara Biosimilar Ahead Of Annual Results

Firm Anticipates Significant Revenue Contributions Starting 2023

Formycon has successfully concluded the development of its ustekinumab biosimilar FYB202, with regulatory submissions planned for Q3. It is just one of many biosimilar candidates which the German firm expects to soon start making significant revenue contributions.

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Formycon expects significant revenue contributions starting 2023 • Source: Shutterstock

Formycon has concluded the development of its Stelara (ustekinumab) biosimilar FYB202, following an extended Phase I study on the pharmacokinetics of the drug. FYB202 was found to be bioequivalent to Stelara sourced in both the EU and US for all primary endpoint parameters.

A Phase III study demonstrating the comparable efficacy of Formycon’s biosimilar and its reference drug in patients with moderate-to-severe plaque psoriasis was completed in August 2022

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