BUZZ-Organon rises after US FDA clears first biosimilar for breast cancer

Reuters
2025.11.17 11:08
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Shares of healthcare firm Organonrise 4.65% to $7.88 premarketCo and Shanghai Henlius Biotech say US FDA approves their breast cancer drug PoherdyThe two companies’ Poherdy first biosimilar to rival Roche’s (ROG.S) Perjeta for HER2-positive breast cancer - OGNCo says drug to be used with other therapies for advanced or early-stage breast cancer; Organon to market in U.S - OGNPoherdy carries warnings for heart issues and birth defects; doctors advised to monitor patients, co saysUp to last close, stock down ~50% YTD