FDA approves Teva cancer treatment biosimilar
Tbo-filgrastim is a biosimilar of Amgen's biologic drug Neupogen.
Tbo-filgrastim is a short-acting recombinant form of granulocyte colony-stimulating factor (G-CSF) to stimulate the bone marrow to produce white bloods cells to reduce the duration of severe neutropenia, which can make patients more susceptible to potentially life-threatening bacterial infections.
Teva already markets filgrastim in Europe under the trade name Tevagrastim, and plans to begin marketing in the US by November 2013, under the terms of a settlement reached with Amgen.
Teva chief scientific officer and global R&D president Dr. Michael Hayden said, "The approval of tbo-filgrastim demonstrates Teva's strong commitment to providing patients with new treatment options. It expands upon Teva's existing oncology portfolio with the addition of the first biologic and supportive care agent for oncology patients."
Published by Globes [online], Israel business news - www.globes-online.com - on August 30, 2012
© Copyright of Globes Publisher Itonut (1983) Ltd. 2012
- Tel Aviv market report
- Tel Aviv Stock Exchange
- Israeli stocks in NY
- Arbitrage gaps for dual-listed stocks
- Israeli stocks in Europe
- Israeli stocks on other markets
- Tel Aviv 25 options
- Mutual funds
- Current representative shekel rates
- Historical representative shekel rates
- Bank shekel rates
- Shekel/dollar options