Another FDA approval for a Sandoz biosimilar – this one for Erelzi
Swiss pharma giant Novartis’ (NOVN: VX) subsidiary Sandoz has received US Food and Drug Administration approval for Erelzi (etanercept-szzs) for all indications included in the reference product label, including rheumatoid arthritis (RA), plaque psoriasis (PsO), psoriatic arthritis (PsA), ankylosing spondylitis (AS) and polyarticular juvenile idiopathic arthritis (JIA).
Erelzi is a biosimilar to US biotech major Amgen’s (Nasdaq: AMGN) Enbrel (etanercept), which was originally licensed in 1998. The branded drug brought in sales of $5.56 billion in 2015. Outside the USA and Canada, Enbrel is marketed by Pfizer.
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