Code: MTA4506 | Publication Date: Jun 2025 |
The growth of this market is influenced by the rising prevalence of autoimmune disorders such as psoriasis, spondylitis, rheumatoid arthritis.
In addition, the growing availability of biosimilars, heightened awareness of biologic therapies, and reimbursement structures in developed markets are all accelerating uptake of treatments. Moreover, increasing healthcare infrastructure in emerging economies, continued guidance from clinical trials looking to expand indications, and improvements in protein engineering are all increasing the size of the market.
Company Name | Sandoz |
Establishment Year | 1964 |
Headquarter | Holzkirchen, Germany |
Official Website |
Sandoz markets the first FDA approved etanercept biosimilar, Erelzi® (GP2015), which was launched in 2016 in the EU and in 2019 in the US. It represents a major step in expanding biosimilar access.
Company Name | Hanwha Chemical |
Establishment Year | 1952 |
Headquarter | Seoul, South Korea |
Official Website |
Hanwha Chemical, via HD203, has completed Phase I clinical trials on its etanercept biosimilar candidate 
Company Name | Samsung Bioepis |
Establishment Year | 2012 |
Headquarter | Incheon, South Korea |
Official Website |
Samsung Bioepis (through Samsung Biologics) developed the biosimilars Benepali® (EU) and Eticovo® (US), based on the etanercept molecule. It has a strong presence in both regions.Â
Company Name | Amgen Inc |
Establishment Year | 1980 |
Headquarter | Thousand Oaks, California, USA |
Official Website |
Amgen originally developed Enbrel (etanercept), the best-known TNF inhibitor for autoimmune disorders like rheumatoid arthritis. Enbrel remains a blockbuster biologic, generating approximately US $3.3 billion in US sales in 2024.
Company Name | LG Life Sciences |
Establishment Year | 1947 |
Headquarter | Seoul, South Korea |
Official Website |
LG Life Sciences has a biosimilar candidate LBEC0101 that targets etanercept. It has been submitted for regulatory review in markets including Japan.Â
Company Name | mAbxience |
Establishment Year | 2011 |
Headquarter | Madrid, Spain |
Official Website |
mAbxience developed an etanercept biosimilar in partnership with Intas for global distribution in over 150 countries, including the EU and US.
Company Name | Intas Pharmaceuticals Ltd |
Establishment Year | 1977 |
Headquarter | Ahmedabad, Gujarat, India |
Official Website |
Intas licensed mAbxience’s etanercept biosimilar for distribution in over 150 countries, bolstering its position in global biosimilar markets.
Company Name | Cipla Ltd |
Establishment Year | 1935 |
Headquarter | Mumbai, India |
Official Website |
Cipla markets Etacept® in India, the country's first etanercept biosimilar, co manufactured with China based Shanghai CP Guojian. It offers a more affordable option with ~30% lower pricing than Enbrel.Â
Company Name | Celltrion Inc |
Establishment Year | 2002 |
Headquarter | Incheon, South Korea |
Official Website |
While Celltrion is not primarily known for etanercept, it is a major biosimilar manufacturer (infliximab, trastuzumab) and is emerging as a broader biologics player capable of entering etanercept biosimilar space 
Company Name | Avesthagen |
Establishment Year | 1998 |
Headquarter | Bengaluru, India |
Official Website |
Avgen Pharma is developing Aventâ„¢, a preclinical-stage etanercept biosimilar. Avent has completed preclinical toxicity and efficacy studies and is advancing toward clinical trials.