Key Developments in Biosimilars and Pharmaceuticals in 2024
2024 has seen significant advancements and approvals in the biosimilars and pharmaceutical sectors, including the launch of Wegovy® in Australia, new indications for Opdivo®, and approvals for biosimilars in Canada and Europe. Additionally, there have been notable developments in clinical trials and legal disputes over patents.
On 2 August 2024, Novo Nordisk announced the availability of Wegovy® (semaglutide) in Australia, specifically indicated for weight loss, following approval by Australia’s Therapeutic Goods Administration.
1 August 2024 marked the day when Xbrane Biopharma regained full rights to Xcimzane™, a biosimilar to UCB’s Cimzia® (certolizumab pegol), for treating rheumatoid arthritis and psoriasis.
Bristol Myers Squibb’s Opdivo® (nivolumab) received a new indication for resectable non-small cell lung cancer (NSCLC) on Australia’s Pharmaceutical Benefits Scheme (PBS) as reported on 1 August 2024.
Teva reported a 7% increase in Q2 2024 revenues, reaching US$4.2 billion, with significant contributions from its generics business and key biosimilar developments on 31 July 2024.
Celltrion announced on 31 July 2024 that Health Canada approved Steqeyma (CT-P43), a biosimilar to Janssen’s Stelara® (ustekinumab), for treating plaque psoriasis, psoriatic arthritis, and Crohn’s disease.
Zydus Lifesciences received approval from COFEPRIS, the Mexican Regulatory Authority, to market Mamitra™, a biosimilar to Roche’s Herceptin® (trastuzumab), for HER2+ metastatic and early breast cancer and advanced gastric cancer on 31 July 2024.
The Australian Pharmaceutical Benefits Assessment Committee (PBAC) November 2024 meeting agenda, published on 31 July 2024, includes discussions on denosumab & ustekinumab biosimilars, a new Ozempic® strength, and aflibercept indication expansion.
A patent dispute over omalizumab between Novartis/Genentech and Celltrion was heard by the Unified Patent Court (UPC) on 31 July 2024.
Biogen and Eisai announced on 30 July 2024 that continuous treatment with Leqembi® (lecanemab) for three years reduced clinical decline in early Alzheimer’s Disease patients.
Samsung Bioepis successfully invalidated the UK counterpart patent of Janssen Biotech Inc’s Stelara® (ustekinumab) on 30 July 2024.
Bio-Thera Solutions and Sandoz’s Avzivi® (BAT1706), a biosimilar to Genentech’s Avastin® (bevacizumab), received EMA approval for treating various cancers on 30 July 2024.
Roche’s Vabysmo® (faricimab) was approved by the European Commission for macular oedema secondary to retinal vein occlusion (RVO) on 30 July 2024.
Johnson & Johnson announced FDA approval for Darzalex Faspro® (daratumumab and hyaluronidase-fihj) in combination with other drugs for newly diagnosed multiple myeloma patients on 30 July 2024.
Formycon began its Phase III trial for FYB206 (pembrolizumab), a biosimilar to MSD’s Keytruda®, on 30 July 2024.
A person from India was indicted by a US federal grand jury for trafficking counterfeit versions of MSD’s Keytruda®, Pfizer’s Adcetris®, and Bristol Myers Squibb’s Opdivo® on 29 July 2024.
Roche Canada announced Health Canada’s approval of Vabysmo® (faricimab) for macular edema secondary to retinal vein occlusion (RVO) on 29 July 2024.
NICE decided not to recommend trastuzumab deruxtecan (Enhertu®) for HER2-low breast cancer patients after chemotherapy in the NHS on 29 July 2024.
Amgen’s Xgeva® (denosumab) in a prefilled syringe formulation was approved by the Korean Ministry of Food and Drug Safety for patients with bone metastases from various cancers on 26 July 2024.
The US FDA issued an alert regarding dosing errors associated with compounded injectable semaglutide, including imitations of Novo Nordisk’s Ozempic® and Wegovy®, on 26 July 2024.
Regeneron faced an adverse Inter Partes Review (IPR) decision after disclaiming an aflibercept patent on 23 July 2024.

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Biosimilars Deals 2021 Archives
pearceip.law · Aug 12, 2024
Novo Nordisk launches Wegovy® in Australia for weight loss. Xbrane regains certolizumab biosimilar rights. BMS’ Opdivo® ...