Biocon Biologics takes over biosimilars business from Viatris in over 70 countries
All the biosimilar products commercialized by Viatris in various markets such as bGlargine (Semglee), bPegfilgrastim (Fulphila), bTrastuzumab (Ogivri), bBevacizumab (Abevmy) and inlicensed product bAdalimumab (Hulio), will continue to serve patients' needs.;
Bengaluru:Biocon Biologics Ltd (BBL), a subsidiary of Biocon Ltd has announced that the company has completed the integration of the acquired biosimilars business in over 70 countries in Emerging Markets effective July 1, 2023, increasing the scale and scope of its business.
Following the deal closure in November 2022, this marks the first wave of countries where Viatris' operations have fully transitioned to Biocon Biologics. The existing commercialized portfolio of biosimilars, including bTrastuzumab, bPegfilgrastim, bBevacizumab, bGlargine, bAspart, bAdalimumab, and bEtanercept, managed by Viatris in these markets, is now a part of Biocon Biologics’ commercial organization.
The company will work with existing and new partners to expand its footprint and strengthen its business presence in these countries. Its best-in-class R&D capabilities, high-quality manufacturing, supply chain excellence, and commercial and regulatory expertise will enable the company to expand access to a diverse portfolio of biosimilars, meet patients’ needs and be a trusted partner to patients and the healthcare community in these markets.
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