Israeli generics giant Teva Pharmaceutical Industries (NYSE: TEVA) and South Korea’s Celltrion Healthcare (Kosdaq: 068270) have today launched their Truxima (rituximab-abbs) injection, which is the first biosimilar to the reference product. Roche’s (ROG: SIX) Rituxan (rituximab) to become available in the USA with a full oncology label. The drug will be available from November 11,
Shares of Teva, which also announced financial results today, were up nearly 6% at 3,132 shekels by close of trading in Tel Aviv, while Celltrion closed down 2.8% at 191,000 won.
Truxima, which was first granted US Food and Drug Administration approval in November last year, is currently indicated for the treatment of adult patients with non-Hodgkin’s lymphoma (NHL) and chronic lymphocytic leukemia (CLL).
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