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Biocon-CHAI Cancer Biosimilars Deal Promises Large Savings

Agreement Covers 30 Countries In Africa And Asia

 
• By Anju Ghangurde

Biocon Biologics strikes deal with the Clinton Health Access Initiative to provide cost-effective alternatives to pricey reference biologics, beginning with trastuzumab and pegfilgrastim. Savings of over 59% for buyers are expected in some cases.

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Savings Of Over 50% Anticipated For Biosimilars Under Biocon-CHAI Deal • Source: Shutterstock

Biocon Biologics Limited is stepping up efforts to broaden the availability of its oncology biosimilars in Asia and Africa, parts of the world that perhaps most need such cost-effective therapies against a backdrop of the growing cancer burden in the regions, with things further compounded by general pandemic-related strains.

The company, a subsidiary of Biocon, Ltd. has now struck a deal with the Clinton Health Access Initiative (CHAI)...

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