Biocon Agrees to Settlement With Amgen to Market Osteoporosis Treatments

Dow Jones
Oct 01
 

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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