By Nicholas G. Miller
Biocon Biologics agreed to a settlement-and-license agreement with Amgen that will allow it to market drugs that are highly similar to Amgen treatments for osteoporosis and cancer-related bone conditions.
The FDA last month approved the two Biocon drugs, called Bosaya and Aukelso, and the pact allows India-based Biocon to launch the drugs Wednesday.
The drugs are biosimilars to Amgen's Prolia and Xgeva drugs, which both use the active ingredient denosumab. Thousand Oaks, Calif.-based Amgen recorded $1.12 billion in worldwide Prolia sales and $532 million in Xgeva sales in its fiscal second quarter.
The terms of the settlement are confidential, Biocon said.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
October 01, 2025 08:04 ET (12:04 GMT)
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