Celltrion Explained

Celltrion, Inc.
Type:Public
Industry:Biopharmaceutical
Founder:Seo Jung-jin
Location:Yeonsu-gu, Incheon, South Korea
Area Served:Worldwide
Key People:Seo Jung-jin, Chairman
Kee Woo-sung, CEO
Products:Remsima™, Truxima™, Herzuma™, Biosimilar Drug
Revenue: (2017)[1]
Operating Income: (2017)[2]
Net Income: (2017)[3]
Assets: (2017)[4]
Equity: (2017)[5]
Owner:Celltrion Holdings Co., Ltd. (23.03%)
Ion Investments B.V. (9.54%)
National Pension Service (6.07%)
Subsid:Celltrion Entertainment

Celltrion, Inc. is a biopharmaceutical company headquartered in Incheon, South Korea. Celltrion Healthcare conducts worldwide marketing, sales, and distribution of biological medicines developed by Celltrion.[6] Celltrion's founder, Seo Jung-jin, is the richest person in South Korea.[7]

History

In 1999, Nexol, Inc. (now Celltrion Healthcare Co., Ltd.) was founded as a global business management consulting firm. In 2002, Celltrion, Inc. was founded as a biopharmaceutical company.[8]

In 2008, Nexol and Celltrion established a global distribution agreement.[9]

In 2009, distribution channels were established in America, Oceania, Europe (Hospira) and Nexol, Inc. renamed as Celltrion Healthcare Co., Ltd.

In 2010, distribution channels were established in Japan (Nippon Kayaku), Commonwealth of Independent States (CIS), Eastern Europe, and the Middle East (Egis).

In 2013, distribution channels were added in Europe (Mundipharma, Biogaran, and Kern).[10] [11]

Products

The company's products are manufactured at mammalian cell culture facilities designed and built to comply with the United States FDA’s cGMP,[12] and the European Medicines Agency’s GMP standards.[13]

Inline product

Remsima (infliximab) is a biosimilar monoclonal antibody against tumor necrosis factor alpha (TNF-α), approved by the European Medicines Agency (EMA) for treatment of:

  1. rheumatoid arthritis,
  2. adult Crohn's disease,
  3. pediatric Crohn's disease,
  4. ulcerative colitis,
  5. pediatric ulcerative colitis,
  6. ankylosing spondylitis,
  7. psoriatic arthritis, and
  8. psoriasis.[14]

In 2012 Remsima was approved by the Republic of Korea's Ministry of Food and Drug Safety (MFDS), previously known as Korea Food and Drug Administration and in 2013 it became the world's first[15] biosimilar monoclonal antibody (mAb) approved by the EMA.[14]

Herzuma is a biosimilar trastuzumab approved by the MFDS for treatment of early and advanced (metastatic) HER2+ breast cancer as well as advanced (metastatic) stomach cancer. Herzuma is a HER2+ breast cancer therapy designed to treat aggressive HER positive metastatic and adjuvant breast cancer, as well as HER2 positive adenocarcinoma of the stomach that has spread (metastatic or advanced gastric cancer).[16] [17] [18]

Truxima (previously known as CT-P10) is the first biosimilar of the reference monoclonal antibody rituximab that targets CD20 molecule primarily found on the surface of B-cells. Its target indications are rheumatoid arthritis, non-Hodgkin lymphoma and chronic lymphocytic leukemia. It was approved by the EMA in February 2017.[19]

See also

Notes and References

  1. Web site: Financial Information Celltrion Co., Ltd. . Celltrion.
  2. Web site: Financial Information Celltrion Co., Ltd. . Celltrion.
  3. Web site: Financial Information Celltrion Co., Ltd. . Celltrion.
  4. Web site: Financial Information Celltrion Co., Ltd. . Celltrion.
  5. Web site: Financial Information Celltrion Co., Ltd. . Celltrion.
  6. Web site: Company Overview of Celltrion Healthcare Co., Ltd. . Bloomberg.
  7. Web site: Kang. John. Korea's New No. 1: Celltrion Cofounder Becomes First Self-Made Billionaire To Claim Top Spot. 2021-08-06. Forbes. en.
  8. Web site: History ABOUT US. www.celltrionhealthcare.com. 2020-01-22.
  9. Web site: VaxGen Biopharmaceutical Manufacturing Plant - Pharmaceutical Technology. en-GB. 2020-01-22.
  10. Web site: Biosimilars going global but EMA still setting the regulatory pace . Gareth . MacDonald . . 15 October 2014.
  11. Indukern Group Press Release 2015. Indukern Group Press Release
  12. Web site: S.Korea's Celltrion gets FDA OK to make Bristol-Myers' Orencia . . 18 December 2007 . 30 June 2017 . 24 September 2015 . https://web.archive.org/web/20150924125424/http://www.reuters.com/article/2007/12/18/celltrion-fda-idUSWNAS480020071218 . live .
  13. Web site: Europe approves first biosimilar antibody drug . . 10 September 2013 . 30 June 2017 . 24 September 2015 . https://web.archive.org/web/20150924184520/http://www.reuters.com/article/2013/09/10/us-celltrion-hospira-europe-idUSBRE9890IX20130910 . live .
  14. Web site: Remsima Assessment report . June 27, 2013 . Committee for Medicinal Products for Human Use (CHMP) .
  15. Web site: EMA Approves First MAb Biosimilars . Dan . Stanton . . 17 July 2013.
  16. Web site: Biosimilar trastuzumab approved in Korea . Generics and Biosimilars Initiative . 17 January 2014.
  17. Web site: Herzuma approved by the Ministry of Food and Drug Safety of the Republic of Korea . Ministry of Food and Drug Safety of the Republic of Korea . 15 January 2014.
  18. Web site: Celltrion gets nod for 2nd biosimilar in local market . . 16 January 2014.
  19. Web site: Celltrion's Rituximab Biosimilar Truxima Approved in Europe - GEN. GEN. 22 February 2017 .