BusinessBiocon's Cancer Drug Accepted For Review, Shares Hit 52-Week High
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Biocon's Cancer Drug Accepted For Review, Shares Hit 52-Week High
European regulator has accepted for review its breast cancer biosimilar
Biocon, Mylan are exclusive partners on a broad portfolio of biosimilars
Sanjeev Bhasin of IIFL has a target of Rs 1,100 on Biocon shares
Biocon and Mylan are exclusive partners on a broad portfolio of biosimilars and insulin analogs
Biocon shares jumped 5 per cent to their 52-week high on Friday after the drugmaker announced that the European regulator has accepted for review a breast cancer biosimilar jointly developed with Mylan. Biocon and American-Dutch Mylan are exclusive partners on a broad portfolio of biosimilars and insulin analogs.
"The European Medicines Agency (EMA) has accepted for review Mylan's Marketing Authorization Application for a proposed b...