XBRANE UPDATES ON TIMING FOR RESUBMISSION OF THE BLA FOR ITS RANIBIZUMAB BIOSIMILAR CANDIDATE TO FDA

Xbrane received a Complete Response Letter (CRL) to the BLA for its investigational biosimilar candidate to LUCENTIS® (ranibizumab) from the FDA in October 2025. In the CRL FDA mentioned unresolved issues at one of Xbranes contract manufacturers production site involved in the manufacturing of the biosimilar candidate. Subsequently, the site received additional information from the FDA requesting corrective actions related to two specific observations concerning another product that was also included in the scope of the FDA inspection. These corrective actions must be completed before the FDA can approve Xbranes BLA. The work related to these corrective actions is ongoing and will be completed in connection with a planned winter shutdown and related production line re-qualification. Hence, Xbrane will be able to re-submit its BLA post completion of these corrective actions, in March 2026. Xbrane expects a 6 months review process by the FDA of the re-submitted BLA and hence expects a BsUFA date in September 2026.

Xbrane is fully committed to advance its investigational biosimilar candidate towards approval in the United States as quickly as possible to provide a much needed, cost-efficient treatment alternative for patients suffering from Age-related Macular Degeneration (AMD), retinal vein occlusion (RVO) or myopic choroidal neovascularization (mCNV).

LUCENTIS® is a registered trademark of Genentech Inc.