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Biosimilars Begin To 'Pay Off' For Biocon

 
• By Anju Ghangurde

Biocon rang in a strong Q3, buoyed by the momentum in its biologics business. The firm appears undeterred by suggestions that the US biosimilars market may be less attractive than initially anticipated.

Jigsaw
BIOCON'S BIOLOGICS BUSINESS REPORTED ROBUST GROWTH

Biocon Ltd. reaped strong gains in the third quarter as its biosimilars portfolio gained traction in several markets. The Indian firm underscored that it isn’t perturbed by the ongoing debate around the commercial viability for biosimilars in the US.

Biocon and partner Mylan NV’s Fulphila (pegfilgrastim-jmbd), a biosimilar version of Amgen Inc.’s Neulasta, continued to gain market share in the US, while sustained sales momentum of products...

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Quick Listen: Scrip’s Five Must-Know Things

 
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In this week's episode: Novo Nordisk’s CEO forced out; quantifying biopharma’s contribution to the US economy; a history of MASH deals; lift for AstraZeneca’s asthma ambitions; and major Japanese firms see US revenue growth.