Workflow
科兴制药引进产品贝伐珠获哥伦比亚批准上市,开启拉美区域新篇

Core Insights - The company has successfully commercialized its biosimilar product Bevacizumab in multiple countries, including recent approvals in Nigeria, Pakistan, and Colombia, indicating a strong momentum in overseas market expansion [2][3][4] - Bevacizumab is a widely used oncology drug with peak global sales reaching approximately $7 billion, highlighting its significance in cancer treatment [2] - The collaboration between the company and Dongyao Pharmaceutical has led to efficient registration processes across various countries, with multiple GMP certifications obtained, showcasing the company's commitment to quality [3][4] Market Strategy - The company is focusing on deepening its presence in the Latin American market, which has shown a growth rate of 11.4% in pharmaceutical exports from China, making it a key area for expansion [3][4] - Colombia, as the fourth largest pharmaceutical market in Latin America, presents significant opportunities due to its reliance on imported biopharmaceuticals and strict regulatory standards, which enhances the credibility of the company's products [4] - The company aims to leverage its successful registration in Colombia to facilitate further market penetration in other Latin American countries [4] Internationalization Efforts - The company has developed a comprehensive "platform export" model that includes collaborative research, marketing, and localized sales strategies, enhancing its internationalization capabilities [5][6] - The transition from a focus on emerging markets to a more integrated approach that includes both the EU and emerging markets marks a significant evolution in the company's export strategy [6] - The recent approval of Bevacizumab in Colombia underscores the company's competitive advantages in overseas commercialization, positioning it for greater influence in the global pharmaceutical market [5][6]