Mylan and Biocon edge in on the final frontier with biosimilar portfolio

11 January 2017

Netherlands-incorporated generics major Mylan (Nasdaq: MYL) and Indian biotech Biocon (BSE: 532523) are a step closer to gaining approval for a biosimilar version of Herceptin (trastuzumab) in the USA.

Herceptin is sold by Genentech, a unit of Swiss pharma major Roche (ROG: SIX), and is used to treat certain HER2-positive breast and gastric cancers.

"It is a major milestone for the Mylan and Biocon collaboration"

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