As part of the previously-announced agreement between US pharma giant Merck & Co (NYSE: MRK) and Samsung Bioepis, Merck Canada announced today that it is preparing to bring to market a diversified portfolio of biosimilar medicines in Canada over the coming years.
Among the biosimilars being developed under the collaborations between Merck and Bioepis, a joint venture between Korea’s largest conglomerate Samsung’s Samsung Biologics unit and US biotech firm Biogen Idec (Nasdaq: BIIB), is Brenzys (etanercept), a biosimilar of the immunology drug Enbrel from Amgen. Brenzys has so far been approved in South Korea (The Pharma Letter September 8) and is under review by the European Medicines Agency.
Working together to establish a landscape of biosimilars in Canada
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