ARTICLE
20 September 2024

Celltrion Wins Brazilian Federal Tender For Trastuzumab For Fifth Consecutive Year

GP
Goodwin Procter LLP

Contributor

At Goodwin, we partner with our clients to practice law with integrity, ingenuity, agility, and ambition. Our 1,600 lawyers across the United States, Europe, and Asia excel at complex transactions, high-stakes litigation and world-class advisory services in the technology, life sciences, real estate, private equity, and financial industries. Our unique combination of deep experience serving both the innovators and investors in a rapidly changing, technology-driven economy sets us apart.
On September 13, 2024, Celltrion announced that its Brazilian subsidiary won the Federal Government of Brazil's bid to supply HERZUMA (trastuzumab-pkrb) for the fifth consecutive year...
Worldwide Food, Drugs, Healthcare, Life Sciences

On September 13, 2024, Celltrion announced that its Brazilian subsidiary won the Federal Government of Brazil's bid to supply HERZUMA (trastuzumab-pkrb) for the fifth consecutive year, with around 660,000 vials to be delivered through 2025. According to the announcement, HERZUMA is the most prescribed trastuzumab drug launched in Brazil and accounts for more than 50% of the market annually. Head of Celltrion's Latin America region said, "Herzuma has set a great record of winning federal government bids for five consecutive years in Brazil, the largest pharmaceutical market in Latin America, through product competitiveness combined with excellent therapeutic efficacy of biopharmaceuticals at reasonable prices, reliability recognized as a global biosimilar company, and customized sales strategy led by local subsidiaries."

Celltrion's HERZUMA (trastuzumab-pkrb) was approved by the Brazilian Health Regulatory Agency, ANVISA (Agencia Nacional de Vigilancia Sanitaria) on May 20, 2019.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More