Sandoz scores with Mylight Phase lll study for biosimilar aflibercept
Sandoz, the soon to be spun out biosimilars and generic business of Novartis (NOVN: VX), today released positive results from the MYLIGHT Phase III confirmatory efficacy and safety study for its biosimilar aflibercept, for patients living with wet macular degeneration – a key development in its efforts to address this area of unmet medical need.
Sandoz expects to file for regulatory approval for biosimilar aflibercept in the USA and European Union in the coming months.
The reference product is Eylea, which is developed and marketed by Regeneron (Nasdaq: REGN) and Bayer (BAYN: DE), and recorded $9.65 billion in global sales last year.
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