Mylan plots to bring Botox biosimilar to market

1 March 2018

Mylan (Nasdaq: MYL) and Revance Therapeutics (Nasdaq: RVNC) today announced a global collaboration and license agreement for the development and commercialization of a proposed biosimilar to Botox (onabotulinumtoxinA).

Allergan’s Botox is the market-leading neuromodulator approved for the treatment of multiple indications and usage in the USA with additional approvals globally. Although the product is off patent, no biosimilars have emerged so far. California biotech Evolus has a Botox biosimilar under review with the FDA – but a May decision date looks uncertain because of issues with a manufacturing plant in South Korea.

Assuming Mylan succeeds in getting a biosimilar on the market, it will also compete with French drugmaker Ipsen’s Dysport (abobotulinumtoxinA), which is the main competitor to Allergan’s brand.

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK