Following European Commission approval last November, the Mundipharma network of independent associated companies today announced the launch of Pelmeg (pegfilgrastim), a biosimilar of Amgen’s (Nasdaq: AMGN) Neulasta.
Pelmeg is the fourth biosimilar medicine to be commercialised by Mundipharma, expanding its portfolio and commercial footprint across Europe. It was developed by Cinfa Biotech which was acquired by Mundipharma last year.
Novartis’(NOVN: VX) US generics business Sandoz also won European approval for its biosimilar Ziextenzo (pegfilgrastim), in November 2018. Neulasta generated global sales of $4.48 billion for Amgen in full-year 2018, as did Fulphila (MYL-1401H), which is produced by generics giant Pharmaceuticals (Nasdaq: MYL) and Indian biosimilars major Biocon
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