2023-07-05 12:57:34 ET
South Korea's Celltrion ( OTC:CONIF ) has launched a high-concentration, citrate-free formulated biosimilar of AbbVie's ( NYSE: ABBV ) Humira in the US.
The biosimilar, which is called Yuflyma, was approved by the FDA in May. Yuflyma's list price is $6,576.50 per month, Celltrion said.
Humira, also known as adalimumab, has been a best-seller for AbbVie for years. The drug, which is used to treat a wide variety of autoimmune disorders, has been facing increased competition from biosimilars, including those launched by Novartis's ( NVS ) Sandoz unit, Coherus ( CHRS ), Amgen ( AMGN ), Fresenius ( OTCPK:FSNUF ) ( OTCPK:FSNUY ), Boehringer Ingelheim and Organon ( OGN ).
Humira was the world's top-selling drug for ten years in a row, generating sales of $21B for AbbVie in 2021. Biosimilars of the product began to appear on the US market in January 2023.
More on Humira biosimilars:
- More AbbVie Humira biosimilars launched (updated)
- Organon launches biosimilar of AbbVie's Humira
- AbbVie’s global bestseller to face knockoffs starting this week
- AbbVie’s global bestseller to face knockoffs starting this week
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Celltrion launches biosimilar of AbbVie's Humira in US