Formycon's Ranivisio Becomes First Lucentis Biosimilar Approved in Brazil
- Brazil's regulatory authority ANVISA has granted marketing authorization for Ranivisio (FYB201), marking the first approved Lucentis biosimilar in the country with launch expected in Q4 2025.
- Formycon has established a commercialization partnership with Brazilian pharmaceutical company Biomm to distribute the ranibizumab biosimilar in Brazil's BRL 374 million annual anti-VEGF therapy market.
- The approval initiates a phased Latin American rollout, with marketing authorizations already secured in Peru, El Salvador, Honduras, and the Dominican Republic, and further launches planned through early 2027.