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One platform for global traditional assets
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Introduction to Futures Trading
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Demo Trading
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CandyDrop
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Alpha Points
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Humira biosimilar from Alvotech, Teva wins FDA approval on third attempt
The FDA has approved Simlandi, a Humira biosimilar from Alvotech and Teva Pharmaceuticals, on its third attempt after previous rejections due to manufacturing issues. Simlandi is the first interchangeable biosimilar of the most popular Humira formulation, allowing pharmacists to substitute it directly. Despite biosimilars affecting AbbVie’s Humira revenue, their market share remains low, with companies vying for interchangeability to gain a competitive edge.