Coherus Announces U.S. Launch of UDENYCA ONBODY™ a Novel and Proprietary State-of-the-Art Delivery System for pegfilgrastim-cbqv
Coherus BioSciences, Inc. launches UDENYCA ONBODY, an innovative on-body injector for pegfilgrastim-cbqv, with a five-minute delivery time and a retractable needle mechanism for cancer patients. Positive feedback from providers and patients indicates growing demand for UDENYCA, offering a convenient and safe treatment option.
Positive
UDENYCA ONBODY offers a five-minute injection time and a retractable needle mechanism for safety and comfort.
Provider response to UDENYCA ONBODY has been positive, indicating a growing demand for the product.
UDENYCA portfolio provides patients with various treatment options, including clinic administration, home administration with UDENYCA ONBODY, or self-administration with UDENYCA autoinjector.
UDENYCA ONBODY is available through existing full-line and specialty distributors, with streamlined billing under the medical benefit.
UDENYCA Solutions™ offers comprehensive support for healthcare professionals, including patient assistance and office support for successful access, billing, and reimbursement.
The introduction of UDENYCA ONBODY™, an on-body injector for pegfilgrastim-cbqv, represents a significant advancement in the administration of supportive cancer care. Pegfilgrastim is a critical component in chemotherapy regimens, used to boost white blood cell counts and reduce the risk of febrile neutropenia, a serious complication that can lead to infections. The five-minute delivery time for this biosimilar is particularly noteworthy, as it enhances patient convenience and potentially improves adherence to treatment schedules.
From a clinical perspective, the automatic, retractable needle mechanism is a key safety feature that can minimize needlestick injuries, a common concern in both healthcare settings and at-home care. This could lead to a reduction in occupational hazards for healthcare workers and increase the comfort level for patients self-administering the drug. The combination of a rapid delivery system and a safety-oriented design could see UDENYCA ONBODY™ becoming a preferred method of administration among healthcare providers and patients alike.
Coherus BioSciences' launch of UDENYCA ONBODY™ is strategically positioned to capture market share in the pegfilgrastim biosimilar space. The device's unique selling points, such as the quick injection time and safety features, cater to a growing patient demand for at-home treatment options. This is part of a broader industry trend towards patient-centric care models and could influence the purchasing decisions of healthcare providers and distributors.
The device's adoption could be further facilitated by the streamlined billing process under the medical benefit, leveraging the existing Q-Code for pegfilgrastim. By simplifying the billing and reimbursement process, Coherus may enhance the attractiveness of UDENYCA ONBODY™ to healthcare providers, potentially increasing its market penetration. The initial positive response from providers suggests that there is a receptive market for this innovative device, which could translate into a growing revenue stream for Coherus.
For investors, the launch of UDENYCA ONBODY™ by Coherus BioSciences could signal a positive shift in the company's revenue trajectory. The expansion of the UDENYCA franchise with this new delivery system may drive increased sales volume, particularly if the device gains traction in the oncology community. The presence of comprehensive patient and office support programs under UDENYCA Solutions™ is likely to facilitate market adoption and could be a differentiator in a competitive biosimilar market.
The financial implications hinge on the device's market acceptance and the company's ability to effectively manage production and distribution costs. The impact on Coherus' stock could be substantial if the ONBODY injector captures a significant portion of the pegfilgrastim market, which would be reflected in the company's financial results over the coming quarters.
02/21/2024 - 08:30 AM
– Innovative design enables five-minute pegfilgrastim-cbqv delivery time –
– Unique, automatic, retractable needle mechanism engineered to maximize safety and comfort for cancer patients receiving UDENYCA® –
REDWOOD CITY, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (Coherus, NASDAQ: CHRS) today announced the launch of UDENYCA ONBODY™, the company's on-body injector (OBI) presentation of UDENYCA® (pegfilgrastim-cbqv), is successfully underway, with a broad distribution of accounts nationwide ordering this innovative device, and patients now accessing its benefits. UDENYCA is a pegfilgrastim biosimilar administered the day after chemotherapy to decrease the incidence of infection as manifested by febrile neutropenia.
“It’s exciting to have a new biosimilar pegfilgrastim on-body option, especially for those who live far away from their care centers,” said Kathleen Clifford, Clinical Oncology Nurse Practitioner at St. Luke's Health System. “The thoughtful design of this device, with its distinct features, has advantages for our patients and gives me confidence that their treatment will be administered even though it’s taking place away from the office.”
UDENYCA ONBODY was designed with patients in mind; key features include a five-minute injection time, an indicator, status light and auditory signal that help patients confirm the dose has been administered and a strong and well-tolerated adhesive. After the dose is administered, the needle automatically retracts, which reduces the risk of needlestick injury.
“We are excited that UDENYCA ONBODY is now available for cancer patients, and provider response to UDENYCA ONBODY’s unique features, including a five-minute injection time and novel retractable needle mechanism, has been very positive,” said Paul Reider, Coherus’ Chief Commercial Officer. “The ONBODY device is the third presentation in the UDENYCA franchise, which also includes a prefilled syringe and autoinjector. The growing demand for UDENYCA is evidence that innovating cancer care for patients is a winning strategy.”
“The UDENYCA portfolio gives patients the opportunity to align their needs with a pegfilgrastim treatment plan,” said Maria Theodoulou, M.D., of New York Oncology Hematology. “Patients can continue to receive immune supportive care in a variety of settings, such as the clinic by a health care provider or at home via preset administration with UDENYCA ONBODY or self-administration with UDENYCA autoinjector. Where a cancer diagnosis takes empowerment away from patients, UDENYCA gives it back.”
UDENYCA ONBODY is available through existing full-line and specialty distributors. Billing under the medical benefit for UDENYCA ONBODY is streamlined because it has the same permanent, product-specific Q-Code as the prefilled syringe, Q5111, and a unique NDC number of 70114-0130-01. UDENYCA Solutions™ offers healthcare professionals comprehensive practice and patient support that includes extensive patient assistance and office support to ensure successful access, billing, and reimbursement. More details regarding UDENYCA ONBODY, including video instructions for ONBODY preparation and application, can be found at https://udenyca.com/hcp/onbody/ .
About UDENYCA
UDENYCA® is the only pegfilgrastim brand approved in the United States available in three administration options—prefilled syringe (PFS), autoinjector (AI) and on-body injector—providing patients and healthcare providers with choice, control, and convenience. Since its launch in 2019, over 300,000 patients have been treated with UDENYCA.
INDICATION ® is a leukocyte growth factor indicated to:
Decrease the incidence of infection, as manifested by febrile neutropenia, in patients with non-myeloid malignancies receiving myelosuppressive anti-cancer drugs associated with a clinically significant incidence of febrile neutropenia. Increase survival in patients acutely exposed to myelosuppressive doses of radiation (Hematopoietic Subsyndrome of Acute Radiation Syndrome). Limitations of Use: UDENYCA® is not indicated for the mobilization of peripheral blood progenitor cells for hematopoietic stem cell transplantation.
IMPORTANT SAFETY INFORMATION
CONTRAINDICATIONS: Patients with a history of serious allergic reactions to pegfilgrastim products or filgrastim products. Reactions have included anaphylaxis.
WARNINGS AND PRECAUTIONS:
Fatal splenic rupture: Evaluate patients who report left upper abdominal or shoulder pain for an enlarged spleen or splenic rupture. Acute respiratory distress syndrome (ARDS): Evaluate patients who develop fever, lung infiltrates, or respiratory distress. Discontinue UDENYCA® in patients with ARDS. Serious allergic reactions, including anaphylaxis: The majority of reported events occurred upon initial exposure. Allergic reactions, including anaphylaxis, can recur within days after the discontinuation of initial anti-allergic treatment. Permanently discontinue UDENYCA® in patients with serious allergic reactions. Allergies to Acrylics: The on-body injector (OBI) for UDENYCA uses acrylic adhesive. For patients who have reactions to acrylic adhesives, use of this product may result in a significant reaction. Sickle cell crises: Severe and sometimes fatal crises have occurred. Discontinue UDENYCA® if sickle cell crisis occurs. Glomerulonephritis: The diagnoses were based upon azotemia, hematuria (microscopic and macroscopic), proteinuria, and renal biopsy. Generally, events resolved after dose reduction or discontinuation. Evaluate and consider dose-reduction or interruption of UDENYCA® if causality is likely. Leukocytosis: White blood cell (WBC) counts of 100 x 109/L or greater have been observed in patients receiving pegfilgrastim products. Monitoring of complete blood count (CBC) during UDENYCA® therapy is recommended. Thrombocytopenia: Thrombocytopenia has been reported in patients receiving pegfilgrastim. Monitor platelet counts. Capillary Leak Syndrome: Has been reported after G-CSF administration, including pegfilgrastim products, and is characterized by hypotension, hypoalbuminemia, edema, and hemoconcentration. Episodes vary in frequency, severity and may be life-threatening if treatment is delayed. If symptoms develop, closely monitor and give standard symptomatic treatment, which may include a need for intensive care. Potential for Tumor Growth Stimulatory Effects on Malignant Cells: The possibility that pegfilgrastim products act as a growth factor for any tumor type, including myeloid malignancies and myelodysplasia, diseases for which pegfilgrastim products are not approved, cannot be excluded. Myelodysplastic Syndrome (MDS) and Acute Myeloid Leukemia (AML) in Patients with Breast and Lung Cancer: MDS and AML have been associated with the use of pegfilgrastim in conjunction with chemotherapy and/or radiotherapy in patients with breast and lung cancer. Monitor patients for sign and symptoms of MDS/AML in these settings. Potential Device failures: Missed or partial doses have been reported for products administered via on-body injectors due to the device not performing as intended. In the event of a missed or partial dose, patients may be at increased risk of events such as neutropenia, febrile neutropenia and/or infection than if the dose had been correctly delivered. Instruct patients using the OBI to notify their healthcare professional immediately to determine the need for a replacement dose of UDENYCA if they suspect that the device may not have performed as intended. Aortitis: Has been reported in patients receiving pegfilgrastim products, occurring as early as the first week after start of therapy. Manifestations may include generalized signs and symptoms such as fever, abdominal pain, malaise, back pain, and increased inflammatory markers (e.g., c-reactive protein and white blood cell count). Consider aortitis when signs and symptoms develop without known etiology. Discontinue UDENYCA® if aortitis is suspected. Nuclear Imaging: Increased hematopoietic activity of the bone marrow in response to growth factor therapy has been associated with transient positive bone imaging changes. Consider when interpreting bone imaging results. ADVERSE REACTIONS: Most common adverse reactions (≥ 5% difference in incidence compared to placebo) are bone pain and pain in extremity.
To report SUSPECTED ADVERSE REACTIONS, contact Coherus BioSciences at 1-800-4-UDENYCA (1-800-483-3692) or FDA at 1-800-FDA-1088 or www.fda.gov/medwatch
Full Prescribing Information, including instructions for use, are available at www.UDENYCA.com
About Coherus BioSciences
Coherus’ immuno-oncology pipeline includes multiple antibody immunotherapy candidates focused on enhancing the innate and adaptive immune responses to enable a robust immunologic response and enhance outcomes for patients with cancer. Casdozokitug is a novel anti-IL-27 antibody currently being evaluated in two ongoing clinical studies: a Phase 1/2 study in advanced solid tumors and a Phase 2 study in hepatocellular carcinoma. CHS-114 is a highly selective, competitively positioned, ADCC-enhanced anti-CCR8 antibody currently in a Phase 1/2 study as a monotherapy in patients with advanced solid tumors. CHS-1000 is a preclinical candidate targeting immune-suppressive mechanisms via the novel pathway ILT4 with an IND filing planned in the first half of 2024.
Coherus markets LOQTORZI™ (toripalimab-tpzi), a novel next generation PD-1 inhibitor, UDENYCA® (pegfilgrastim-cbqv), a biosimilar of Neulasta® , CIMERLI® (ranibizumab-eqrn), a biosimilar of Lucentis® , and YUSIMRY™ (adalimumab-aqvh), a biosimilar of Humira® .
Forward-Looking Statements Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 including, but not limited to, statements regarding the timing for an IND filing for CHS-1000; whether Coherus’ immuno-oncology pipeline will have synergies with its capabilities in oncology; and whether there will be demand growth for UDENYCA. Such forward-looking statements involve substantial risks and uncertainties that could cause Coherus’ actual results, performance or achievements to differ significantly from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, risks and uncertainties inherent in the clinical drug development process; risks related to our existing and potential collaboration partners; risks of the drug development position of Coherus’ competitors; the risks and uncertainties of the regulatory approval process, including the speed of regulatory review; the timing of Coherus’ regulatory filings; the risk of FDA review issues; the risk that Coherus is unable to complete commercial transactions and other matters that could affect the availability or commercial potential of Coherus’ drug candidates; and the risks and uncertainties of possible litigation. All forward-looking statements contained in this press release speak only as of the date of this press release. Coherus undertakes no obligation to update or revise any forward-looking statements. For a further description of the significant risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to Coherus’ business in general, see Coherus’ Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, filed with the Securities and Exchange Commission on November 6, 2023, including the section therein captioned “Risk Factors” and in other documents that Coherus files with the Securities and Exchange Commission.
Coherus Contact Information IR@coherus.com
Media:media@coherus.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/68b6efae-605c-4ea9-9947-dcdf1bf11d1b
What is the innovative product launched by Coherus BioSciences, Inc. related to pegfilgrastim-cbqv?
Coherus BioSciences, Inc. has launched UDENYCA ONBODY, an on-body injector presentation of UDENYCA® (pegfilgrastim-cbqv).
What are the key features of UDENYCA ONBODY?
UDENYCA ONBODY features a five-minute injection time, an indicator, status light, auditory signal, and a retractable needle mechanism.
How is UDENYCA ONBODY designed to benefit cancer patients?
UDENYCA ONBODY is designed to maximize safety and comfort for cancer patients receiving UDENYCA®, with features like a retractable needle to reduce the risk of needlestick injury.
Where can UDENYCA ONBODY be accessed and how is billing streamlined?
UDENYCA ONBODY is available through existing full-line and specialty distributors, with streamlined billing under the medical benefit using the same Q-Code as the prefilled syringe.
What support does UDENYCA Solutions™ offer for healthcare professionals?
UDENYCA Solutions™ provides comprehensive support for healthcare professionals, including patient assistance and office support to ensure successful access, billing, and reimbursement.
