Samsung Prepping For First Biosimilar Launch

Samsung Bioepis' biosimilar version of Amgen's rheumatoid arthritis blockbuster Enbrel (etanercept) is set to become the firm’s first biosimilar product to hit the market, possibly being released in South Korea late this year and in Europe in the first half of next year.

SEOUL – Samsung Bioepis Co. Ltd., an affiliate of Samsung Group, plans to supply its biosimilar Enbrel, SB4, from partner Biogen Inc.'s plant for the South Korean and European markets, and the aim is to mass produce the product as soon as it receives approvals, said a company official.

"It takes about 14 to 16 months to complete the regulatory process in Europe, so we expect to receive the approval in the first half of next year

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