February 23, 2024
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FDA approves biosimilar competitor to Amgen’s Enbrel

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The Food and Drug Administration has approved a second biosimilar competitor for Amgen’s blockbuster rheumatoid arthritis drug Enbrel. Korean biopharmaceutical company Samsung Bioepis’ biosimilar, called Eticovo, was approved to treat all the conditions treated by Enbrel. Amgen’s top-selling drug, Enbrel brought in just over $5 billion for the Thousand Oaks biotech giant in 2018, down…

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