Biocon, Ltd. remains buoyant on its biosimilars business identifying “clear growth drivers” including the upcoming US launch of biosimilar (b) adalimumab and the anticipated go-ahead for (b) aspart and (b) bevacizumab that are expected build on the segment’s $1bn annual revenue run rate.
At the earnings call for the fourth quarter of fiscal 2023, Kiran Mazumdar-Shaw, executive chairperson, Biocon and Biocon Biologics Ltd (BBL), referred to the “strong interest” in the upcoming US launch of Hulio (biosimilar
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