
South Korea-based Celltrion (Kosdaq: 068270) on Friday announced that the US Food and Drug Administration (FDA) has approved Eydenzelt (aflibercept-boav), a biosimilar referencing Bayer’s (BAYN: DE) Eylea (aflibercept).
The biosimilar is indicated for the treatment of neovascular (wet) age-related macular degeneration (wAMD), macular edema following retinal vein occlusion (RVO), diabetic macular edema (DME) and diabetic retinopathy (DR).
Aflibercept is a VEGF inhibitor formulated as an injection for the eye that blocks the growth of new blood vessels and decreases the ability of fluid to pass through blood vessels (vascular permeability) in the eye by blocking VEGF-A and placental growth factor (PlGF), two growth factors involved in ocular angiogenesis.
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