Xbrane Sets Cash Target Ahead Of Lucentis Ambitions In 2022

Swedish Firm Names New Strategic Targets

Swedish developer Xbrane Biopharma has identified a timeline to turn its cash flows positive, with plans to roll-out biosimilar Lucentis next year.

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Xbrane aims to launch ranibizumab in 2022 • Source: Shutterstock

Xbrane Biopharma aims to begin generating cash from operations by early 2024 at the latest, following the planned launch of its Xlucane (ranibizumab) biosimilar with partners Stada and Bausch + Lomb in Europe and the US in the middle of next year.

Meanwhile, the Swedish firm has confirmed plans to initiate one new development program per year, adding to its pre-clinical pipeline...

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