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Thursday, November 7, 2019

Teva launches Rituxan biosimilar in U.S.

Teva Pharmaceutical Industries (NYSE:TEVA) and commercialization partner Celltrion announce the availability of Truxima (rituximab-abbs), a biosimilar to Roche’s (OTCQX:RHHBY) Rituxan, in the U.S.
The Wholesale Acquisition Cost (WAC) will be 10% lower than Rituxan at $845.55/100 mg vial and $4,227.75/500 mg vial. Actual costs should be lower since WAC does not account for additional rebates and discounts.
TEVA is up 4% premarket after posting Q3 results.

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