Biocon Arm Gets US FDA Nod for Yesafilli, Enters US Opthalmology Market

Biocon Biologics Limited, a wholly owned subsidiary of Biocon Limited announced that the US Food and Drug Administration has approved the Company’s first-to-file application for Yesafili, an interchangeable biosimilar aflibercept.

 

Key Takeaways from Biocon Biologics:

 

  • Biocon Biologics receives US FDA approval for Yesafili.
  • Biocon Biologics’ expansion into the ophthalmology therapeutic area in the US and UK.
  • Data shows YESAFILI has comparable quality, safety, and efficacy to Eylea.

 

The approval marks Biocon Biologics’ expansion into the ophthalmology therapeutic area in the US following a steady track record of approval in Europe and the UK where it was the first biosimilar aflibercept to be approved. 

 

YESAFILI is a vascular endothelial growth factor inhibitor used to treat different ophthalmology conditions. According to data, YESAFILI has comparable quality, safety, and efficacy to Eylea. 

 

YESAFILI is used in the treatment of neovascular age-related macular degeneration, visual impairment due to macular oedema secondary to retinal vein occlusion, visual impairment due to diabetic macular oedema and visual impairment due to myopic choroidal neovascularization. 

 

About Biocon Biologics Limited:

 

Biocon Biologics Limited is a leading global company that offers a large portfolio of monoclonal antibodies, insulins, and conjugated proteins. It has a comprehensive portfolio of in-market and in-development biosimilar products across multiple therapies, including four in the US and six in Canada, Biocon Biologics has a robust pipeline of 20 biosimilar assets across multiple therapy areas.

 

Read More About the Share Market Today Here!

Top stories
Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read . 02 Aug 2024 . 12:45 PM

Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read . 02 Aug 2024 . 12:41 PM

Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read . 02 Aug 2024 . 12:36 PM

Related Blogs
blog-logo

Share Market

blog-logo

10 mins read . 09 Dec 2024

What is the Bombay Stock Exchange?

  • 0 people read
blog-logo

Share Market

blog-logo

13 mins read . 09 Dec 2024

Stocks Under 5 Rupees in India

  • 0 people read
Kickstart your equities journey today You've got this
By submitting this I agree to the terms & conditions