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Innovent Approved to Launch Avastin Biosimilar in China

publication date: Jun 19, 2020

Suzhou Innovent Biologics announced its second approval to market a drug in China. China's NMPA approved the launch of the company's Avastin biosimilar, Byvasda® (bevacizumab), to treat advanced non-small cell lung cancer and metastatic colorectal cancer. Byvasda is a recombinant humanized anti-VEGF monoclonal antibody with an anti-angiogenesis mechanism. Innovent positioned Byvasda as a high quality, less expensive version of Avastin. In early 2020, Innovent out-licensed US-Canada commercial rights for the biosimilar to Coherus BioSciences. More details...

Stock Symbol: (HK: 01801)

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