Monday, August 25, 2025

Biocon arm gets market authorisation in EU for two biosimilars of Denosumab

Date:

Biocon Ltd. on Thursday, July 3, said the European Commission granted its subsidiary Biocon Biologics marketing authorisation in the Euorpean Union for the two biosimilars of Denosumab — Vevzuo or Evfraxy,Vevzuo is authorised for the prevention of bone complications in adults with advanced cancer involving bone and the treatment of adults and skeletally mature adolescents with giant tumour of bone, the company said in an exchange filing.
Meanwhile, Evfraxy is authorised for the treatment of osteoporosis in men with prostate cancer as increased risk of fractures or treatment of one loss associated with long-term systemic glucocorticoid therapy in adults.
As per clinical data, both Denosumab biosimilars have comparable quality, safety and efficacy to the reference product, the company said.The marketing authorisation follows a positive opinion issued by European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) on April 25, 2025, Biocon added.

“In the past 18 months, we have successfully secured regulatory approvals for three biosimilars in Europe and two in the UK. These Denosumab biosimilars mark another significant milestone in our rapid expansion, and support for healthcare systems in the region,” Shreehas Tambe, CEO and managing director of Biocon Biologics, said.

Biocon shares were up 0.15% at ₹369.1 apiece at 9.30 am on Thursday, July 2. The stock has gained 9% in the past month.

Also Read: Alembic Pharma expands US footprint with $12 million acquisition of Utility Therapeutics

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

IndiGo, Max Healthcare shares in focus after Nifty 50 inclusion

Shares of InterGlobe Aviation Ltd., the parent company of...

Markets to stay volatile ahead of Powell’s Jackson Hole Speech, jobs report: Matt Orton

Matt Orton, Chief Market Strategist at Raymond James Investment,...

Delhi Metro Alert: DMRC Hikes Fares; Passengers To Pay More Starting Today – Details | Railways News

दिल्ली मेट्रो किराया वृद्धि: दिल्ली मेट्रो रेल कॉरपोरेशन (DMRC)...

Bubble risks grow as Chinese market’s bull run defies economy angst

China’s economy is being strained by US tariffs and...