JHL Biotech submits clinical trial application in Europe for proposed bevacizumab biosimilar

December 21, 2017 2:48 PM

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JHL Biotech Inc. announced that the company has submitted a Phase I Clinical Trial Application on December 15, 2017 to European authorities for its proposed bevacizumab biosimilar, JHL1149.

JHL1149 is a proposed biosimilar for a biologic used for the treatment of many cancers, the most common of which are metastatic colorectal cancer, lung cancer, and ovarian cancer. In 2016, reference bevacizumab (Avastin – Roche/Genentech) generated revenues of approximately US$7 billion.

JHL is planning to conduct a single-site, three-arm pharmacokinetic study in healthy volunteers. The data from this trial will support the rapid development and commercialization of JHL1149.

“Bevacizumab is an important biologic that is, unfortunately, very expensive. JHL Biotech looks forward to making bevacizumab biosimilar available to all who need it, and our JHL1149 European clinical trial is the first step in achieving this goal,” said Racho Jordanov, JHL Biotech’s CEO.

Source: JHL Biotech Inc press release

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