Sandoz finally gains US FDA approval for biosimilar Ziextenzo

5 November 2019

Swiss pharma giant Novartis’ (NOVN: VX) generics and biosimilars subsidiary Sandoz today announced that the US Food and Drug Administration (FDA) approved its biosimilar Ziextenzo (pegfilgrastim-bmez).

The FDA decision follows a previous rejection of the biosimilar application and a re-submission in April this year.

Sandoz biosimilar pegfilgrastim, which references Amgen’s (Nasdaq: AMGN) Neulasta, has been approved and marketed in Europe as Ziextenzo (pegfilgrastim) since 2018. Global sales of Neulasta were down 32% at $711 million for the third-quarter of this year, as a results of lower net selling price and biosimilar competition. Sandoz now intends to launch Ziextenzo in the USA as soon as possible this year.

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK