Kelly Davio


CBO Says Lower Health Care Costs Act Could Save $7.6 Billion by 2029

July 17, 2019

According to the Congressional Budget Office (CBO), enacting the bill would increase direct spending by about $18.7 billion and increase direct revenues by $26.2 billion, resulting in a net decrease in the deficit of $7.6 billion by 2029.

Celltrion to Start Phase 1 Trial of Omalizumab Biosimilar, CT-P39

July 16, 2019

Republic of Korea–based drug maker Celltrion announced this week that it is launching its first clinical trial of CT-P39, a proposed biosimilar omalizumab referencing Xolair. The company says that it plans to enter phase 3 trials in the first half of 2020 and has plans to commercialize the biosimilar by 2022.

In Eastern Europe, CT-P13 Provides Effective, Cost-Saving Alternative to Reference Infliximab in IBD

July 15, 2019

Access to biologic drugs is uneven, even in nations with relatively robust healthcare resources. In lower-resource areas, such as Eastern Europe, access to biologic therapy for diseases like inflammatory bowel disease (IBD) may be very limited.

Proposed Bevacizumab Biosimilar, HD204, Meets Primary End Point in Phase 1 Study

July 12, 2019

Singapore-based Prestige BioPharma announced this week that its HD204, a proposed biosimilar bevacizumab product referencing Avastin, met its primary end point in a phase 1 study evaluating the pharmacokinetics (PK), safety, and immunogenicity of the biosimilar in comparison to its reference.

mAbxience's RTXM83 Is Noninferior to Reference Rituximab in First-Line DLBCL

July 10, 2019

Spain-based drug maker mAbxience is developing a biosimilar rituximab, RTXM83. Last week, researchers reported findings from a head-to-head study of the proposed biosimilar versus its reference product as a first-line treatment for patients with diffuse large B-cell lymphoma (DLBCL).

Judge Vacates Administration's Rule on Drug Prices in Advertising

July 09, 2019

The United States District Court for the District of Columbia has vacated the Trump administration’s rule requiring the disclosure of wholesale acquisition costs for drugs in direct-to-consumer television advertising. The rule had been slated to take effect today, July 9.