- CEO
- Martin Åmark
- Full Time Employees
- 29
- Sector
- Health technology
- Industry
- Pharmaceuticals: major
- Address
- Scheeles väg 5 Solna AB Sweden 171 65
- IPO Date
- Feb 3, 2016
- Business
- Xbrane Biopharma AB (publ) (XBRANE.ST) is a Sweden-based biotechnology company focused on developing and commercializing biosimilars of high-cost biologic drugs to enhance global accessibility for treatments in oncology, ophthalmology, and autoimmune diseases; headquartered in Solna, Stockholm, and founded in 2008, it leverages a proprietary high-yield protein expression platform technology enabling up to 80% cost reductions in biological drug production compared to standard systems. The company's core pipeline includes Ximluci (Xlucane), a ranibizumab biosimilar referencing Lucentis for wet age-related macular degeneration, diabetic macular edema, retinal vein occlusion, and related eye conditions, which has received European market authorization and is in launch phase with U.S. approval pending; Xdivane, a nivolumab (Opdivo) biosimilar targeting skin, lung, renal cell, head and neck, and bladder cancers in preclinical phase; and Xdarzane, a daratumumab (Darzalex) biosimilar for multiple myeloma, also in preclinical development, addressing reference products with combined peak annual sales exceeding EUR 24 billion. In March 2025, Xbrane entered an agreement to sell its XB003 (Cimzia/certolizumab pegol biosimilar) program and substantial R&D operations, including approximately 40 employees in Solna, to Alvotech for SEK 275 million, a transaction completed in early June 2025 that streamlined the organization to prioritize Ximluci and Xdivane commercialization; additionally, in June 2025, Xbrane partnered with OneSource Specialty Pharma for commercial manufacturing and supply chain support of its biosimilar portfolio, including technology transfer to facilities in Bangalore, India, accompanied by OneSource's investment in a recent funding round. Xbrane operates primarily from Sweden with development facilities in Italy, targets healthcare providers and patients in Europe and emerging markets, and has been listed on Nasdaq Stockholm First North since 2016.