Fulphila was the first biosimilar Pegfilgrastim to be approved in the US market and was commercially launched in July. The biosimilar helps patients with non-myeloid cancers and reduces the risk of infection following myelosuppressive chemotherapy.
With this additional facility, Biocon Biologics will be able to address the growing needs of the patients for Pegfilgrastim in the US where introduction of the biosimilar has expanded the overall market, as well as in European Union (EU), Canada, and Australia. Currently, Biocon Biologics has a product pipeline of 28 molecules, including 11 with Mylan, several with Sandoz while some being developed independently. It has commercialised three of its biosimilars in the US, EU, Australia, and Japan so far.
Biocon Chairperson and Managing Director Kiran Mazumdar-Shaw
had recently made a personal commitment towards enabling universal access to high-quality rh-Insulin to patients in low- and middle-income countries at less than Rs 7 per day through Biocon Biologics. To unlock universal access to insulin, Biocon Biologics would be coming together with global industry leaders at the International Diabetes Federation in Busan (South Korea) next week to address the issue of affordability.