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A biosimilar (also known as follow-on biologic or subsequent entry biologic) is a biologic medical product that is almost an identical copy of an original product that is manufactured by a different company. [1] Biosimilars are officially approved versions of original "innovator" products and can be manufactured when the original product's ...
The company produces and sells a variety of medicines, with 1,400 approved therapeutic molecules in its portfolio. [30] It owns brands (like Viagra , Xanax , Lipitor ), [ 6 ] [ 31 ] generics , including branded and complex generics, biosimilars , [ 32 ] [ 33 ] and over-the-counter (OTC) drugs and active pharmaceutical ingredients .
Celltrion, Inc. (Korean: 주식회사 셀트리온) is a biopharmaceutical company headquartered in Incheon, South Korea.Celltrion Healthcare conducts worldwide marketing, sales, and distribution of biological medicines developed by Celltrion. [2]
Sandoz Group AG is a Swiss company that focuses on generic pharmaceuticals and biosimilars. [4] Prior to October 2023, it was part of a division of Novartis that was established in 2003, when Novartis united all of its generics businesses under the name Sandoz.
Sandoz: As of 2013, Sandoz has been recognized as the world's second-largest generic drug company. [citation needed] Sandoz' biosimilars lead its field, getting the first biosimilar approvals in the EU. [130] [131] In 2018, Sandoz reported US$9.9 billion in net sales. [132]
Etizolam tablets manufactured by Intas.. The company was founded by a Jain pharmacist Hasmukh Chudgar in 1977 [5] and was incorporated in 1985. [6]In 2013, ChrysCapital acquired 16.14% stake in the company, and in 2015, ChrysCapital subsequently sold 10.13% to Singapore-based Temasek Holdings [7] and in 2017, it further diluted 3.01% stake to Capital International.
Gedeon Richter Plc. is a European multinational pharmaceutical and biotechnology company headquartered in Budapest.It is the largest pharmaceutical company in Central and Eastern Europe, with an expanding direct presence in Western Europe, China, Northern America and Latin America.
With the expiration of many patents for blockbuster biologics between 2012 and 2019, the interest in biosimilar production, i.e., follow-on biologics, has increased. [17] Compared to small molecules that consist of chemically identical active ingredients , biologics are vastly more complex and consist of a multitude of subspecies.
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