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Formycon Receives FDA Approval for Aflibercept Biosimilar

Formycon AG has announced that the U.S. Food and Drug Administration (FDA) approved its biosimilar, FYB203/AHZANTIVE® (aflibercept-mrbb), on June 28, 2024. This biosimilar is an alternative to Eylea®, used in treating various serious retinal diseases.

The approval marks a significant milestone for Formycon and its partner, Klinge Biopharma GmbH, confirming their position in ophthalmic biosimilar therapies. FYB203/AHZANTIVE® has demonstrated comparable efficacy and safety to Eylea® in clinical studies.

This biosimilar targets Eye-Related Neovascular (wet) Macular Degeneration (nAMD) and other retinal diseases like Diabetic Macular Edema and Diabetic Retinopathy. In 2023, Eylea® achieved global sales of approximately $9 billion, underlining the market potential for FYB203/AHZANTIVE®.

R. P.

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