K-similars compete for Canada's ₩31 tril market
By | translator Alice Kang
22.11.25 06:18:56
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Canada actively implements policies on biosimilars to reduce prescription drug expenditures
Shares of biosimilars rise to 65% in the Province of British Columbia afterward
6 items from Samsung Bioepis and 4 from Celltrion approved... one-fifth of all similar in Canada are Korean
Biosimilars manufactured by domestic bio companies are targeting Canada, the world's 10th largest pharmaceutical market With an increasing number of provinces in Canada actively implementing policies to mandate the use of biosimilars, usage of biosimilars in the country, which had been in the 10% range, is expected to increase significantly.
According to industry sources on the 25th, Samsung Bioepis launched its oncology drug ¡®Avastin¡¯ biosimilar ¡®Aybintio¡¯ through its partner company Organon. Aybintio is a VEGF inhibitor prescribed for metastatic colorectal cancer, metastatic or recurrent non-small-cell lung cancer, platinum-sensitive recurrent ovarian cancer, etc.
With the approval, a
(same@dailypharm.com)
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