FDA approves 1st biosimilar to treat cancer

The Food and Drug Administration on Thursday approved Amgen and Allergan's biosimilar version of Roche's cancer drug Avastin.

Mvasi is approved to treat patients with certain colorectal, lung, brain, kidney and cervical cancers in combination with other therapies.

Mvasi is the first biosimilar approved by the FDA to treat cancer and represents one of four oncology bisomilars Amgen and Allergan are co-developing.

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