• Formycon's biosimilar candidate FYB206, referencing Keytruda, has commenced its clinical development program, including Phase I and Phase III studies, marking a significant milestone.
• The company reported successful Q3 results with approvals for FYB202 (ustekinumab biosimilar) in the U.S. and Europe, triggering milestone payments from partner Fresenius Kabi.
• FYB203 (aflibercept biosimilar) received a positive CHMP opinion for treating neovascular age-related macular degeneration and other retinal diseases, expected to be finalized in January 2025.
• Formycon's FYB201 (ranibizumab biosimilar) has achieved substantial market share in the U.S. and UK, with ongoing expansion into additional global markets.