Formycon Believes Itself Among Frontrunners For Mammoth Keytruda Opportunity

German Firm Distances Comparisons With Saturated Humira Development Pool

 
• By Dean Rudge
  
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On the back of early success with its biosimilar to Lucentis (ranibizumab), Formycon has looked further into the future and divulged details on the set-to-be competitive race to develop a biosimilar to Merck & Co’s €10bn ($10.9bn) PD-1 inhibitor Keytruda (pembrolizumab).

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Germany-based pure-play biosimilars developer Formycon believes it will see “eight to ten competitors max” in the race to develop a biosimilar to Merck & Co’s €10bn ($10.9bn) PD-1 inhibitor Keytruda (pembrolizumab), in contrast to the more saturated development pool for Humira (adalimumab), ahead of plans to kick off clinical trials for its FYB206 pembrolizumab biosimilar candidate at the end of this year or early in 2025.

Meanwhile, Formycon’s management told the recent J.P. Morgan Annual Healthcare Conference, held last week, “from competitive intelligence, we see that...

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