Xbrane Shifts Strategic Focus to Biosimilars

Goodwin
Contact

On September 10, 2018, Xbrane Biopharma announced that it has decided to shift its strategic focus of capital and resources toward biosimilars and away from its pipeline of generic long-acting injectables.  In addition to moving forward with its pivotal clinical trial for Xlucane, its proposed biosimilar of Lucentis® (ranibizumab), Xbrane states that it is accelerating development of Xcimzane and  Xoncane, biosimilar candidates referencing Cimzia® (certoizumab pegol) and Oncaspar® (pegaspargase), respectively, and will also initiate development of two additional biosimilars of biologics with patent expirations in 2026-2028.  According to Xbrane, “further development of generic long acting injectables beyond Spherotide (generic long acting triptorelin) will only be pursued if additional resources become available.”  Xbrane further states that it will initially fund the development of its biosimilar pipeline using resources freed up from Xlucane development, but notes that long-term successful development will require it to raise sufficient capital in the market.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Goodwin

Written by:

Goodwin
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Goodwin on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide