Frankfurt It is not only the research into fundamentally new drugs that offers potential for up-and-coming biotech companies, but also the development of biosimilars, i.e. inexpensive copies of established biotech active ingredients.
With this strategy, the Munich-based biotech company Formycon now sees itself facing a transformation that will be shaped by two factors: firstly, the prospect of the first product approval. Regulatory authorities in the US and Europe are expected to decide on the first biosimilar to the eye drug Lucentis developed by Formycon in the summer.
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