20.12.2021 22:04:43

Press Release: Novartis: Sandoz submits Biologics License Application for proposed biosimilar trastuzumab to US FDA

-- Biologics License Application (BLA) is supported by analytical,

pre-clinical and clinical data, proposed biosimilar trastuzumab developed

by EirGenix, Inc.

-- Trastuzumab is monoclonal antibody used to treat human epidermal growth

factor receptor 2 positive (HER2+) breast cancer and metastatic gastric

cancers1,2

-- Sandoz continues to build on leading generic and biosimilar oncology

portfolio to increase patient access and contribute to sustainability of

healthcare systems

Basel, December 20, 2021 -- Sandoz, a global leader in generic and biosimilar medicines, today announced the submission of its Biologics License Application (BLA) for a proposed biosimilar trastuzumab (150 mg, for intravenous use) developed by EirGenix, Inc. to the US Food and Drug Administration (FDA).

Trastuzumab is a monoclonal antibody used to treat human epidermal growth factor receptor 2 positive (HER2-positive) breast cancer and metastatic gastric cancers(1). Sandoz is seeking approval for the same indications as the reference medicine, based on a comprehensive package that includes analytical, preclinical and clinical data.

"Approximately 15-20% of all breast cancer patients have tumors that are HER2- positive(2) and, as these tumors tend to grow more quickly than HER2-negative tumors,(3) getting treated swiftly can be live-saving," said Florian Bieber, Global Head of Biopharmaceuticals Development, Sandoz. "Trastuzumab is standard of care so, if approved, we will introduce more competition aiming to broaden access to this important therapy and liberate healthcare resources that can be used to fund other innovative medicines in the US."

Breast cancer is the most commonly diagnosed cancer among women in the US and associated death rates are the second highest of all cancers. It is estimated that about 30% of newly diagnosed cancers in women will be breast cancers in 2021(4).

As part of the license agreement signed in April 2019, EirGenix, Inc. is responsible for development and manufacturing and Sandoz will have the right to commercialize the medicine upon approval in all markets excluding China and Taiwan.

Sandoz has been developing and providing oncology medicines for over 30 years. Today, it has well over 50 such medicines, including chemotherapeutics, biologics, hormones and supportive care treatments, for the treatment of a wide range of cancers. The collaboration with EirGenix will enable Sandoz to build on its leading generic and biosimilar oncology portfolio to further expand patient access, while contributing to the sustainability of healthcare systems.

Disclaimer

This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by words such as "potential," "can," "will," "plan," "may," "could," "would," "expect," "anticipate," "look forward," "believe," "committed," "investigational," "pipeline," "launch," or similar terms, or by express or implied discussions regarding potential marketing approvals, new indications or labeling for the investigational or approved products described in this press release, or regarding potential future revenues from such products. You should not place undue reliance on these statements. Such forward-looking statements are based on our current beliefs and expectations regarding future events, and are subject to significant known and unknown risks and uncertainties. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements. There can be no guarantee that the investigational or approved products described in this press release will be submitted or approved for sale or for any additional indications or labeling in any market, or at any particular time. Neither can there be any guarantee that, if approved, such generic or biosimilar products will be approved for all indications included in the reference product's label. Nor can there be any guarantee that such products will be commercially successful in the future. In particular, our expectations regarding such products could be affected by, among other things, the uncertainties inherent in research and development, including clinical trial results and additional analysis of existing clinical data; regulatory actions or delays or government regulation generally; the particular prescribing preferences of physicians and patients; competition in general, including potential approval of additional generic or biosimilar versions of such products; global trends toward health care cost containment, including government, payor and general public pricing and reimbursement pressures and requirements for increased pricing transparency; litigation outcomes, including intellectual property disputes or other legal efforts to prevent or limit Sandoz from selling its products; general political, economic and business conditions, including the effects of and efforts to mitigate pandemic diseases such as COVID-19; safety, quality, data integrity or manufacturing issues; potential or actual data security and data privacy breaches, or disruptions of our information technology systems, and other risks and factors referred to in Novartis AG's current Form 20-F on file with the US Securities and Exchange Commission. Novartis is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

About Sandoz

Sandoz, a Novartis division, is a global leader in generic pharmaceuticals and biosimilars. Our purpose is to pioneer access for patients by developing and commercializing novel, affordable approaches that address unmet medical needs. Our ambition is to be the world's leading and most valued generics company. Our broad portfolio of high-quality medicines, covering all major therapeutic areas, accounted for 2020 sales of USD 9.6 billion.

Sandoz on social media:

LinkedIn: https://www.linkedin.com/company/sandoz

Twitter: https://twitter.com/sandoz_global

Facebook: https://www.facebook.com/sandozglobal/

Instagram: https://www.instagram.com/sandozglobal

CEO Richard Saynor on LinkedIn: https://www.linkedin.com/in/richard-saynor/

References

1. US FDA. Herceptin(R) (trastuzumab). Highlights of prescribing

information. Available from:

https://www.accessdata.fda.gov/drugsatfda_docs/label/2010/103792s5250lbl.pdf

[Last accessed October 2021].

2. Kowalczyk L, Bartsch R, Singer CF, Farr A. Adverse events of trastuzumab

emtansine (T-DM1) in the treatment of HER-2 positive breast cancer

patients. Breast Cancer (Basel) 2017;12(6):401--408.

3. Dean L. Trastuzumab (Herceptin) Therapy and ERBB2 (HER2) Genotype. In:

Pratt V, McLeod H, Rubinstein W, et al. (Eds). Medical Genetics Summaries

[online]. 5 August 2015. Bethesda (MD): National Center for Biotechnology

Information (US). Available from:

https://www.ncbi.nlm.nih.gov/books/NBK310376/ [Last accessed: October

2021].

4. Breastcancer.org. U.S. Breast Cancer Statistics. Available

from: https://www.breastcancer.org/symptoms/understand_bc/statistics

[Last accessed: October 2021].

# # #

Richard Jarvis

Novartis Global Communications

+41 79 584 23 26 (mobile) richard.jarvis@novartis.com

Allison Schneider

Sandoz US Communications

+1 609 619 9089 (mobile)

allison.schneider@sandoz.com

Chris Lewis

Sandoz Global Communications

+49 174 244 9501 (mobile)

chris.lewis@sandoz.com

Novartis Media Relations

E-mail: media.relations@novartis.com

Novartis Investor Relations

Central investor relations line: +41 61 324 7944

E-mail: investor.relations@novartis.com

Central North America

Samir Shah +41 61 324 7944 Sloan Simpson +1 862 778 5052

Isabella Zinck +41 61 324 7188

(END) Dow Jones Newswires

December 20, 2021 16:05 ET (21:05 GMT)

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