By: IPP Bureau
Last updated : March 19, 2024 7:28 pm
Versavo is the first Dr. Reddy's biosimilar product to be approved and launched in the UK
Dr. Reddy's Laboratories Ltd., a global pharmaceutical company announced the launch of Versavo (bevacizumab) in the United Kingdom (UK).
Dr. Reddy's Versavo is a (bevacizumab) biosimilar of Avastin and indicated for the treatment of several types of cancers, including metastatic colorectal cancer, advanced non-squamous non-small cell lung cancer, recurrent glioblastoma, metastatic renal cell carcinoma, advanced cervical cancer, ovarian cancer and metastatic breast cancer.
Versavo is the first Dr. Reddy's biosimilar product to be approved and launched in the UK. It is available in strengths of 100mg and 400mg single use vials.
Dr. Reddy's launched Versavo in India in 2019. Subsequently, Versavo was introduced in other markets such as Thailand, Ukraine, Nepal, and Jamaica under the same brand name. In Colombia, the product was launched under the brand name Persivia.
Dr. Jayanth Sridhar, Global Head of Biologics at Dr. Reddy's, said: "The launch of Versavo in a highly regulated market underscores our capability for global clinical development of high-quality biosimilar products. Versavo is a potential treatment option for patients with different types of cancers. This launch reinforces our commitment to bring more biosimilar and other critical biological products to meet the unmet needs of patients, and strengthens our focus on oncology."
Versavo is bevacizumab biosimilar from Dr. Reddy's. Bevacizumab is the first antiangiogenic therapy proven to slow metastatic disease progression in patients with cancer. It is a humanized recombinant antibody that targets human vascular endothelial growth factor (VEGF), leading to deterred angiogenesis and tumor growth.