The number of first approvals for biosimilars in the US, Japan, or EU has increased significantly in the past two years, breaking the stagnation of the three years prior, with 2017 setting a new record for number of first approvals in a single year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The FDA alone approved five new biosimilar products, bringing the number of approved biosimilars in the US from four to nine. This includes two products for Oncology use: Mylan and Biocon’s Ogivri, which is a biosimilar to Genentech’s Herceptin (trastuzumab); and Amgen and Allergan’s Mvasi, which is a biosimilar to Genentech’s Avastin (bevacizumab).

The European Medicines Agency (EMA) approved eight new biosimilars, including biosimilars of AbbVie’s Humira (adalimumab), Genentech’s Rituxan (rituximab), Herceptin, Eli Lilly’s Humalog (insulin lispro injection), and Eli Lilly’s Forsteo (teriparatide). With 23 additional unique drugs currently in pre-registration, GlobalData believes that it is likely that this trend of biosimilar approvals will continue in 2018.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.