• Health Canada approved Otulfi, a ustekinumab biosimilar, for subcutaneous and intravenous use in treating Crohn's disease, ulcerative colitis, psoriasis, and psoriatic arthritis.
• The UK's MHRA also approved Otulfi for the same indications, following approvals in the US and Europe, expanding treatment options for inflammatory diseases.
• Otulfi, developed by Formycon and commercialized by Fresenius Kabi, targets interleukin-12 and interleukin-23, offering a cost-effective alternative to Stelara.
• These approvals underscore the commitment to increasing access to biosimilars, potentially reducing healthcare costs and improving patient access to essential medicines.