International expansion and bringing affordable biosimilars to patients are two of the stated aims of privately-held Russian biotech company Biocad, and the company has taken a step forward on both fronts with news on one of its products.
A decision in Vietnam means Biocad can continue to supply its patients with a biosimilar version of rituximab, a monoclonal antibody to the CD20 protein, approved for the treatment of non-Hodgkin's lymphoma and B-cell chronic lymphocytic leukemia, as well as other diseases characterized by excessive, overactive or dysfunctional B cells. The branded version is sold by Swiss pharma giant Roche (ROG: SIX) under the names MabThera and Rituxan.
Biocad expects to receive a permanent registration certificate to sell its biosimilar in Vietnam later this year, allowing the company to export the product from Russia without any limitations.
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