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Roche Faces New Foe as Boehringer Plans a Rituxan Copy

Boehringer Ingelheim GmbH is planning to test a version of Roche Holding AG (ROG)’s top-selling drug Rituxan with a trial design that may speed the copy to market.

Boehringer is recruiting 306 patients to test its version of the treatment in rheumatoid arthritis, Asthika Goonewardene, a London-based analyst for Bloomberg Industries, said in a note to clients today. The study caters to both European Union and U.S. regulators by using medicine made in both regions and is designed to compress the stages of data-gathering needed for approval into a single trial, Goonewardene said.

Boehringer is muscling into a crowded field. Novartis AG (NOVN), Celltrion Inc. (068270), partners Samsung Electronics Co. (005930) and Quintiles Transnational Corp., and Teva Pharmaceutical Industries Ltd. (TEVA) with Lonza Group AG (LONN) are among the companies already working on a Rituxan copy. The streamlined design of the study may give Boehringer an advantage, Goonewardene said.

“This will significantly decrease the cost of development in the U.S.,” the analyst said in a telephone interview.

Boehringer declined to comment. According to documents posted on the website ClinicalTrials.gov, the study was announced in September and isn’t yet recruiting patients. The Ingelheim, Germany-based drugmaker said in the documents it’s aiming to finish the research by April 2015.

Roche is working on innovations to counter potential copies of Rituxan, including a subcutaneous administration approach and GA101, a new compound designed to be better than Rituxan, said Daniel Grotzky, a spokesman for the Basel, Switzerland-based company.

Roche’s Patents

Rituxan, also know by its generic name rituximab, had 6 billion Swiss francs ($6.45 billion) in sales last year. Roche’s patents on the medicine expire in 2018 in the U.S. and earlier in Europe. Biogen Idec Inc. (BIIB) helps market the drug in the U.S. Roche rose 0.5 percent to 181.90 Swiss francs at 2:35 p.m. in Zurich.

Because Rituxan is a biological drug, made out of living cells, putting out a copy isn’t as simple as making a generic of a chemically based pill like Pfizer Inc. (PFE)’s Lipitor or Viagra. Under EU regulations and draft U.S. guidelines, companies that want to sell a copy of a biotech drug, a so-called biosimilar, will need to show that their version of Rituxan does the same thing as Roche’s.

Teva, Lonza

Teva and Lonza helped show how complicated the process can be this week. The partners stopped their planned 544-patient, final-stage trial of a Rituxan copy to confer with regulators about the best way to design the trial program, Bloomberg Industries reported on Oct. 3.

Patients hadn’t been treated yet in the trial, Teva said in a statement late yesterday.

“Teva is firmly committed to the development of biosimilars,” the Petach Tikva, Israel-based company said in the statement. “However, given the changes in the regulatory and competitive environment, Teva (through its joint venture with Lonza) is evaluating the path forward for rituximab.”

Regulators might also allow Teva to run one study to meet both European Union and Food and Drug Administration requirements, BI said.

To contact the reporter on this story: Naomi Kresge in Berlin at nkresge@bloomberg.net

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Personal Finance Best Sellers From Amazon

Key Rates

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Today’s national average mortgage rates. Rates may include points.
Type Today 1 Mo
30 Year Fixed Jumbo 4.05% 3.92%
30 Year Fixed 3.75% 3.47%
15 Year Fixed 2.89% 2.71%
10 Year Fixed 2.98% 3.00%
30 Year Fixed Refi 3.74% 3.46%
15 Year Fixed Refi 2.89% 2.69%
5/1 ARM 2.66% 2.61%
5/1 ARM Refi 2.64% 2.57%
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Source: Bankrate.com

Today’s average home equity rates nationwide.
Type Today 1 Mo
$30K HELOC 5.34% 5.24%
$50K HELOC 4.56% 4.53%
$75K HELOC 4.57% 4.53%
$100K HELOC 4.27% 4.21%
$30K Home Equity Loan 5.95% 6.06%
$50K Home Equity Loan 5.97% 6.02%
$75K Home Equity Loan 5.94% 5.99%
$100K Home Equity Loan 5.80% 5.84%
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Source: Bankrate.com

Today’s average savings rates nationwide.
Type Today 1 Mo
5 Year CD 1.24% 1.21%
2 Year CD 0.70% 0.66%
1 Year CD 0.57% 0.52%
MMA $10K+ 0.47% 0.50%
MMA $50K+ 0.69% 0.70%
MMA Savings Jumbo 0.58% 0.60%
View rates in your area »

Source: Bankrate.com

Today’s average auto loan rates nationwide.
Type Today 1 Mo
60 Months Used Car 2.97% 3.19%
48 Months Used Car 2.92% 3.13%
36 Months Used Car 2.88% 2.96%
72 Months New Car 2.45% 2.96%
60 Months New Car 2.54% 2.67%
48 Months New Car 2.45% 2.58%
60 Months Auto Refi 4.15% 4.36%
36 Months Auto Refi 3.60% 3.76%
View rates in your area »

Source: Bankrate.com

Today’s average credit card rates nationwide.
Type Today 1 Mo
Standard Variable 14.12% 14.12%
Standard Fixed 13.23% 13.23%
Gold Variable 12.70% 12.70%
Gold Fixed 11.99% 11.99%
Platinum Variable 15.53% 15.57%
Platinum Fixed 12.70% 12.70%
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Source: Bankrate.com