Pfizer's biosimilar shows similarity to Avastin

25 July 2017

US drug giant Pfizer (NYSE: PFE) has moved closer to market with its biosimilar version of Roche’s (ROG: SIX) Avastin (bevacizumab).

Pfizer has announced positive top-line results from a study comparing its biosimilar, PF-06439535, to the original, which was the world’s second-best selling cancer drug last year with sales of nearly $7 billion.

At present, US biotech Amgen (Nasdaq: AMGN) and Ireland-incorporated drugmaker Allergan (NYSE: AGN) are furthest ahead with an Avastin biosimilar, having had their candidate, ABP 215, recommended for approval by a US Food and Drug Administration (FDA) committee this month.

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