{"id":1214,"date":"2024-07-31T10:03:27","date_gmt":"2024-07-31T02:03:27","guid":{"rendered":"https:\/\/flcube.com\/?p=1214"},"modified":"2024-10-14T22:19:29","modified_gmt":"2024-10-14T14:19:29","slug":"bio-thera-solutions-bevacizumab-biosimilar-avzivi-receives-european-commission-approval","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=1214","title":{"rendered":"Bio-Thera Solutions&#8217; Bevacizumab Biosimilar Avzivi Receives European Commission Approval"},"content":{"rendered":"\n<p>Guangzhou-based Bio-Thera Solutions (<a href=\"https:\/\/www.google.com\/finance\/quote\/688177:SHA\">SHA: 688177<\/a>) has announced that its biosimilar version of Roche&#8217;s Avastin, Avzivi (bevacizumab), has received market approval from the European Commission (EC). The approval encompasses all existing indications for Avastin, which include the treatment of a range of cancers such as metastatic colorectal cancer, metastatic breast cancer, non-small cell lung cancer, metastatic renal cell cancer, epithelial ovarian cancer, fallopian tube cancer or primary peritoneal cancer, and metastatic cervical cancer.<\/p>\n\n\n\n<p>Bevacizumab, a human anti-VEGF monoclonal antibody (mAb), was initially approved in China in February 2010 and has been included in the National Reimbursement Drug List (NRDL) since 2017. Bio-Thera has strategically licensed its biosimilar to various partners for different regions. In August 2021, it licensed Greater China rights to BeiGene in a deal valued up to USD 165 million. Other license agreements include a December 2020 deal with Brazil\u2019s Biomm SA, a January 2019 deal with India\u2019s Cipla Ltd (NSE.CIPLA) for certain emerging markets, and a significant September 2021 deal with Switzerland-based Novartis\u2019 generics unit Sandoz AG for the US, Europe, Canada, and other regions, worth USD 155 million. Avzivi gained approval in the US in December 2023.- <a href=\"https:\/\/flcube.com\">Fineline.com<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guangzhou-based Bio-Thera Solutions (SHA: 688177) has announced that its biosimilar version of Roche&#8217;s Avastin, Avzivi&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,11],"tags":[289,43,15,163,1055],"class_list":["post-1214","post","type-post","status-publish","format-standard","hentry","category-company","category-drug","tag-bio-thera-solutions","tag-biosimilars","tag-product-approvals","tag-roche","tag-sha-688177"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bio-Thera Solutions&#039; Bevacizumab Biosimilar Avzivi Receives European Commission Approval - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"Guangzhou-based Bio-Thera Solutions (SHA: 688177) has announced that its biosimilar version of Roche&#039;s Avastin, Avzivi (bevacizumab), has received market approval from the European Commission (EC). 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