FDA approves first biosimilar to top-selling eye drug Lucentis

The U.S. Food and Drug Administration on Monday approved the first biosimilar version of Lucentis, a blockbuster biologic drug for age-related macular degeneration and two other eye conditions. The biosimilar, called Byooviz, was developed by Samsung Bioepis and will be sold by partner Biogen when patents protecting Lucentis expire next year.