Lucentis And Stelara Biosimilars Drive Formycon’s 2024 Financials

As The Firm Finalizes US And EU Commercialization Partners For Eylea Biosimilar

Despite reporting lower revenues in the first half of the year, Formycon continues to see value in its biosimilar projects, with a new candidate to be launched in the second half of 2024.

Half year results written on a keyboard key
• Source: Shutterstock

“Formycon can look back on a very successful first half of the year, characterized by significant progress in its development projects,” commented Formycon’s CEO Stefan Glombitza on the firm's financial results for the first half of 2024.

The star of the first half of the year is Cimerli, a biosimilar rival to Genentech’s Lucentis (ranibizumab), as its...

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