FDA Approves First Biosimilar Drug for Cancer Treatment

FDA Approves First Biosimilar Drug for Cancer Treatment

Research  these Stocks on Kapitall’s Playground Now

 
research now

The FDA has announced approval of the first biosimilar drug for the treatment of certain lung, brain, kidney and cervical cancers, 'Mvasi'. 

The drug, approved for use to Amgen (AMGN), is a biosimilar to 'Avastin' which is manufacutred by Genentech, a subsidiary to Roche (ROG). A biosimilar product is classified as, "a biological product that is approved based on a showing that it is highly similar to an FDA-approved biological product, known as a reference product, and has no clinically meaningful differences in terms of safety and effectiveness from the reference product." from the FDA. 

"Bringing new biosimilars to patients, especially for diseases where the cost of existing treatments can be high, is an important way to help spur competition that can lower healthcase costs and increase access to important therapies," said FDA Commissioner Scott Gottlieb, M.D

You can read the full press release here

 

ABOUT US

© New Kapitall Holdings LLC. All rights reserved. Kapitall Wire is a division of New Kapitall Holdings LLC. Kapitall Generation, LLC is a wholly owned subsidiary of New Kapitall Holdings LLC. Kapitall Wire, which is not a broker/dealer, offers free cutting edge content and commentary and is produced for informational purposes only and should not be construed as research. Kapitall Wire is a product offered by New Kapitall Holdings, however, KapGen compliance personnel will oversee all Kapitall Wire material prior to release. 

stockstarsbanners640x1362jpg

2 responses to “FDA Approves First Biosimilar Drug for Cancer Treatment”

  1. Play freecell online says:

    Finally i find incredible online games websites Play freecell game online .This website is the biggest online game hub where you can find lots of games and can play according to your choice .

  2. valeriaperez says:

    Website http://domyessay.today/ notes that the real dollar cost of the University has not gone up by more than a % or so each year, which isn't even as fast as the student body is increasing. That is, you might note this if you actually read this report, which I suspect you won't.

Leave a Reply

Your email address will not be published. Required fields are marked *

wirebanner1jpg
  • See Most Recent Articles