Panel Favors Celltrion Biosimilar; Skeptical On Cost Savings

With the favorable backing by an FDA advisory panel on Feb. 9, which followed a positive review by regulators, Celltrion Inc. and its partner Hospira Inc., a unit of Pfizer Inc., are well on their way of putting the first biosimilar of a monoclonal antibody on the US market.

With the favorable backing by an FDA advisory panel on Feb. 9, which followed a positive review by regulators, Celltrion Inc. and its partner Hospira Inc., a unit of Pfizer Inc., are well on their way of putting the first biosimilar of a monoclonal antibody on the US market.

CT-P13, a version of Janssen Biotech Inc.'s tumor necrosis factor blocker Remicade (infliximab), also could be the second biosimilar ever...

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