Biosimilars Roll-Out Propels Fresenius Kabi’s Growth

Firm Credits Biosimilars Contribution As Increases Seen In Q3

As Fresenius delivered its third-quarter results, the firm’s Fresenius Kabi division celebrated sales growth of two-thirds in its Biopharma biosimilars segment amid several solid increases seen in Q3.

Fresenius benefited from biosimilars growth in the third quarter (Shutterstock)

Fresenius Kabi registered solid growth in Q3, thanks in part to a successful roll-out of biosimilars including most prominently the firm’s Tyenne (tocilizumab) biosimilar rival to Actemra/RoActemra, the German giant has reported.

More from Earnings

Alvotech Reveals Ramp-Up In Development As Sales Explode In 2024

 
• By 

With sales and profits shooting up in 2024, Alvotech has revealed plans to rapidly accelerate development to add between four and six programs to its pipeline of biosimilars every year, while at the same time unveiling details of several new brands that it will be seeking to challenge. The firm has also set out longer-term financial targets that anticipate more than trebling its revenues in the next three years.

Henlius Builds Profitability Streak With Second Year In The Black

 
• By 

The Chinese player reported its second profitable year in a row, with growth in sales reported across its marketed portfolio and further milestones in the near future.

Hyloris Closes A Dramatic 2024 With A Move Towards Profit

 
• By 

After announcing updates in its ongoing legal battle and a leadership shakeup earlier this fiscal year, Hyloris closed 2024 with a slight rise in revenue and a shrinking of its reported net loss.

Amneal Digs Deeper Into GLP-1 Aspirations Following Metsera’s IPO

 
• By 

Months on from penning a landmark commercial and manufacturing agreement for GLP-1 assets with Metsera, Amneal says it is happy with how the partnership is shaping up.

More from Products

Teva Provigil ‘Pay For Delay’ Fines Should Stand, AG Says

 
• By 

Teva should not be able to overturn European fines imposed over a historical “pay-for-delay” arrangement covering Cephalon’s Provigil (modafinil), an advocate general of the CJEU has recommended.

Who’s Hired? Alvotech Appoints Strategy And Quality Chiefs

 
• By 

Alvotech has named two new key executives, while Biosimilars Canada has elected its 2025 leaders and the AAM has welcomed the new FDA commissioner in the US.

Richter Confirms European Tocilizumab Filing

Gedeon Richter has filed its Mochida-partnered tocilizumab biosimilar rival to RoActemra with the European Medicines Agency. But with several biosimilars already having won approval, the market could be competitive.