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Biocon Biologics licenses two biosimilars to Yoshindo

Oct 17, 2022

Biocon Biologics announced that it will license its ustekinumab and denosumab biosimilars to Yoshindo for Japan.  Yoshindo will pay an upfront licence fee and further payments over the next few years as certain development milestones are achieved. Biocon Biologics estimates the market opportunity for the two biosimilars in Japan to be US$700m.