The US FDA also granted provisional interchangeability designation for both products, allowing pharmacy-level substitution subject to state laws. Clinical data demonstrated comparable safety, efficacy and quality to reference products.
According to IQVIA, denosumab had nearly $5 billion in US sales for the year ended December 2024, with Prolia generating $3.3 billion and Xgeva $1.6 billion.Biocon Biologics CEO & MD Shreehas Tambe said the approvals expand the company’s oncology and bone health portfolio and “support sustainable healthcare systems by offering more affordable treatment options.”
Shares of the company ended 1.6% lower at a price of ₹354.40 on the BSE. Last week’s losses have dragged the stock 4% lower for the year-to-date.