Coronavirus Boosts Biogen Biosimilars In First Quarter

As Company Comments On Recent US Tecfidera Ruling

Biogen reported more positive numbers for the firm’s biosimilars business in the first quarter of this year, although some of this growth was attributed to “accelerated sales” stemming from the COVID-19 pandemic. Meanwhile, the company revealed its latest thinking as it continues attempts to shield its key Tecfidera brand from competition in the US, following a fresh unfavorable patent ruling.

DigitalMap
Biogen's biosimilar sales in Europe are tracking north of $800m this year • Source: Shutterstock

Sales of Imraldi (adalimumab) jumping by three-quarters after more than a year on the market allowed Biogen to report overall biosimilars sales that jumped by 25% to $219m in the first three months of this year, albeit with a non-recurring bump stemming from the COVID-19 pandemic.

Approximately 75,000 patients in Europe are now being treated with the biosimilar to AbbVie’s Humira, developed by Samsung Bioepis...

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