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Biocon Gets A New Group CEO As Aflibercept Approval Arrives

Peter Bains Named As New Chief; Yesafili Biosimilar Is Europe’s First Eylea Rival

 
• By Dave Wallace

Biocon has named Peter Bains as its new group CEO, as the firm’s Biocon Biologics business confirmed that its aflibercept biosimilar to Eylea had become the first to receive a formal European approval.

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Biocon has named Peter Bains as group CEO

Biocon has announced that Peter Bains is to become the Indian firm’s new group CEO with immediate effect.

Key Takeaways:

  • Peter Bains has been appointed as the new CEO of Biocon group, reporting to chairperson Kiran Mazumdar-Shaw

  • Heads of Biocon’s individual subsidiaries Biocon Limited, Biocon Biologics and Syngene will continue to manage these businesses

  • Biocon Biologics has

Bains previously served as CEO and on the board of Biocon’s innovation-focused Syngene subsidiary “for almost six years starting 2010, and led the company to its successful public listing in 2015,” the firm

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• By Dave Wallace

Donald Trump’s executive order on most-favored-nation prescription drug pricing could provide positive opportunities for the off-patent industry, although US generics and biosimilars association the AAM suggested that the administration might do more good by focusing elsewhere.

Pfizer Discusses Tariffs Amid International Slump For Oncology Biosimilars Revenue

 
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Amneal Proud To Be ‘Made In America’ And Ready To Scale Up Its US Manufacturing

 
• By Urtė Fultinavičiūtė

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