Biocon Biologics, a subsidiary of Biocon (NSE:BIOCON, BOM:532523), has received approval from the US Food and Drug Administration (US FDA) for its Jobevne (bevacizumab-nwgd), a biosimilar Bevacizumab for intravenous use, according to a Thursday filing to the Indian stock exchanges.
JOBEVNE is an antibody used to treat several different types of cancer. It is a biosimilar to the reference product Avastin (bevacizumab).
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