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Mylan Set To Develop Biosimilar Botox In Deal With Revance

 
• By Emily Hayes

Mylan's revenue was down due to issues in the North American market, but the company is looking forward to development of new products to balance out losses in the future, including a newly announced Botox biosimilar.

Handshake of businessmen

Mylan NV's tie-up with ReVance Therapeutics Inc. for development of a biosimilar version of Botox opens up what the companies see as a large, growing market for neuromodulators.

Mylan announced Feb. 28 that it will be working with Revance to develop and commercialize a biosimilar to Allergan PLC's Botox (onabotulinumtoxinA). The news came on the same day...

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