Sandoz confirms European Commission approval of Pyzchiva (ustekinumab), further strengthening immunology offering

Ad hoc announcement pursuant to art. 53 SIX Swiss Exchange Listing Rules

• Pyzchiva approved as one of first ustekinumab biosimilars in Europe
• EC approval based on robust development program confirming match to reference medicine in terms of safety, efficacy and quality
• Sandoz remains committed to accelerating access to potentially life-changing treatments and continues strengthening immunology portfolio

Basel, April 22, 2024 – Sandoz, the global leader in generic and biosimilar medicines, today announces that the European Commission (EC) has granted marketing authorization for Pyzchiva^* (biosimilar ustekinumab), developed and registered by Samsung Bioepis. Pyzchiva is a key biosimilar value driver for the company over the mid-term and this approval is a major step in advancing Sandoz growth strategy.

Pyzchiva is approved as a biologic therapy within gastroenterology, dermatology, and rheumatology.¹

Rebecca Guntern, President Sandoz Europe, said: "Chronic inflammatory diseases affect millions of people around the world and can have a profoundly negative impact on their quality of life. This approval is a crucial step towards offering European patients an additional safe and effective treatment option and further demonstrates our commitment to pioneer access to potentially life-changing medicines."

The comprehensive regulatory submission package included extensive analytical, preclinical, and clinical data, including a Phase I PK/PD study and a Phase III confirmatory study.

Sandoz entered into a development and commercialization agreement for biosimilar ustekinumab with Samsung Bioepis in September 2023. Under the terms of the agreement, Sandoz has the right to commercialize Pyzchiva in the US, Canada, the European Economic Area (EEA), Switzerland, and the UK. Samsung Bioepis remains responsible for development, registration, intellectual property, manufacturing and supply.

* Pyzchiva is a trademark of Samsung Bioepis Co. Ltd.

About Pyzchiva (ustekinumab)
Pyzchiva (ustekinumab) has been developed to match the reference medicine, a monoclonal antibody medication to interleukin (IL)-12/23 for the treatment of autoimmune disorders including within gastroenterology, dermatology, and rheumatology. ¹

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