Biocon Unit Clears Way for Europe Launch of Denosumab Biosimilars After Amgen Settlement

MT Newswires Live12-02

Biocon Biologics, the biosimilars subsidiary of Biocon (NSE:BIOCON, BOM:532523), said it has reached a settlement agreement with Amgen, enabling the commercial launch of its Denosumab biosimilars Vevzuo and Evfraxy in Europe from Dec. 2, according to a same-day filing.

Other terms of the settlement were not disclosed.

Vevzuo is approved for preventing skeletal-related events in patients with advanced cancers involving bone, while Evfraxy is indicated for treating osteoporosis and bone loss in high-risk patients, the filing said.

The European Commission approved both products in July 2025. Biocon Biologics said it already has secured market entry dates in the US for its Denosumab biosimilars Bosaya and Aukelso.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment