Lucentis biosimilar Ximluci approved in UK
Adding to European Commission clearance in November last year, German drugmaker STADA Arzneimittel (SAZ: Xetra) and Sweden’s Xbrane Biopharma (Nasdaq Stockholm: XBRANE) announced that their Ximluci (ranibizumab), a biosimilar referencing Lucentis, has been granted marketing authorization by the UK’s Medicines and Healthcare products Regulatory Agency (MHRA).
STADA, which gained rights to market the drug in Europe and other territories from Xbrane in 2018, is preparing to launch Ximluci in the UK during 2023. Xbrane’s share rose 8.3% to 87.60 kronor on the news, while STADA was unchanged.
Indicated for the treatment of various ophthalmic conditions such as neovascular (wet) age-related macular degeneration (AMD) and diabetic macular edema (DME), Lucentis is marketed by Roche (ROG: SIX) in the USA and Swiss rival Novartis (NOVN: V) elsewhere.
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