India's largest biotechnology firm, Biocon, has launched its first-in-class anti-CD6 monoclonal antibody, itolizumab (marketed as Alzumab), for chronic plaque psoriasis, on the domestic market.
Priced at INR7,950 ($130.5) per vial, the product is about 50% cheaper than existing competing therapies, such as Johnson & Johnson's Stelara (ustekinumab) and Pfizer's Enbrel (etanercept), although Cipla recently launched a biosimilar version of Enbrel manufactured by a Chinese partner and priced about 30% cheaper than the innovator product (scripintelligence.com, 17 April 2013)
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