Duo hopeful on first US biosimilar of big-selling cancer drug

8 November 2016

A biologics license application (BLA) has been submitted to the US Food and Drug Administration (FDA) for a proposed biosimilar version of Herceptin (trastuzumab), a branded drug from Swiss pharma major Roche’s (ROG: SIX) Genentech unit to treat certain HER2-positive breast and gastric cancers.

The BLA has been submitted by Netherlands-incorporated generics major Mylan (Nasdaq: MYL) and Indian drugmaker Biocon (BSE: 532523), a partnership which is developing a broad portfolio of biosimilars.

"Cancer patients in India and emerging markets have benefited with our trastuzumab"

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