STADA and Xbrane consider options for ranibizumab biosimilar candidate

25 July 2023
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Germany-based STADA Arzneimittel (SAZ: Xetra) and Sweden’s Xbrane Biopharma (Nasdaq Stockholm: XBRANE) are considering options, including out-licensing, for their co-developed ranibizumab biosimilar candidate in North America.

The biosimilar references the top-selling ophthalmic drug Lucentis, which is marketed by Swiss pharma major Novartis (NOVN: VX) in Europe and other markets, except the USA, where it is sold by Roche (ROG: SIX). The STADA/Xbrane biosimilar has been approved in Europe and launched in April in some markets under the brand name Ximluci.

Deal with Bausch + Lomb terminated

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