StockWatch
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Pharmaceuticals
New Launch25 Aug 2026, 08:30 am

Biocon's Pegfilgrastim Biosimilar Gets Japan MHLW Approval

AI Summary

Biocon Biologics Ltd., a subsidiary of Biocon Ltd., has received marketing approval for its pegfilgrastim biosimilar from Japan's Ministry of Health, Labour and Welfare (MHLW). The biosimilar, a substitute for Neulasta®, was developed and manufactured by Biocon Biologics. Global Regulatory Partners Japan will act as the Marketing Authorization Holder, while Sandoz K.K. will exclusively promote, sell, and distribute the product in Japan. This approval expands Biocon's biosimilar offerings in Japan and underscores its commitment to global patient access to affordable medications.

Key Highlights

  • Biocon subsidiary receives MHLW marketing approval for pegfilgrastim biosimilar in Japan.
  • Product is a biosimilar to Neulasta®, developed and manufactured by Biocon Biologics.
  • Sandoz K.K. to exclusively promote, sell, and distribute the product in Japan.
  • Approval strengthens Biocon's biosimilar portfolio in Japan.
  • Aims to increase patient access to affordable medications globally.