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Coherus Ranibizumab Sales Quadruple Thanks To Q-Code Boost

Firm Also Looking At More Adalimumab PBM, Distribution Deals

 
• By Dean Rudge

Coherus BioSciences has welcomed an uplift of sales for its ranibizumab biosimilar, as well as discussing its efforts to reinvigorate its pegfilgrastim biosimilar franchise, during the company’s second-quarter earnings call.

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• Source: Shutterstock

Successfully implementing the product-specific Q-code for the company’s Cimerli (ranibizumab-eqrn) biosimilar to Genentech’s Lucentis from 1 April saw sales of Coherus BioSciences’ product more than quadruple in the second quarter, from $6.2m to $26.7m, realizing an anticipated uptick for the company.

Meanwhile, Cimerli’s market share amongst the ranibizumab products in the market also more than quadrupled from 4.1% to 17% in...

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