Archive · 6 Aug 2026
Biocon expects stronger H2 driven by US biosimilar launches
Biocon is a company that makes medicines.
Some of its medicines are copies of other popular medicines, called biosimilars.
These biosimilar copies usually cost less than the original.
Biocon has started selling several of these new medicines in the United States.
The company says sales will be much better in the second half of the year.
In the first three months, Biocon's money made from sales went up by 10 per cent.
One new eye medicine, called Yesafili, could sell in a market worth about $3 billion.
The US rules have changed so it is easier for companies that are good at making biosimilars.
This helps Biocon and other experienced companies.
Biocon says it will keep spending about 7 per cent of its revenue on research and development.
Biocon expects a much stronger second half of FY27 as its recent US biosimilar launches begin contributing meaningfully to revenue.
CEO Shreehas Tambe cited five recent US product launches, including biosimilar aflibercept (Yesafili), denosumab biosimilars Bosaya and Aukelso, and generic liraglutide.
The company's June quarter consolidated revenue rose 10 per cent to ₹4,336 crore from the year-ago period.
Yesafili, a biosimilar to eye injection Eylea, addresses a US market worth roughly $3 billion.
The US regulator's shift away from mandatory phase-3 comparative efficacy trials favours established biosimilar makers, and Biocon has already received phase-3 waivers for pipeline products.
- Who
- Biocon, led by Chief Executive and Managing Director Shreehas Tambe.
- What
- Expects a stronger second half of FY27 driven by recent US biosimilar and generic product launches and favourable regulatory changes.
- When
- Announced on August 6, 2026, following Biocon's June quarter (Q1 FY27) results.
- Where
- Bengaluru, India; product launches are targeted at the US market.
- Why
- Recent US biosimilar launches have begun contributing to revenue, and US regulatory easing favours established biosimilar manufacturers like Biocon.
- Company
- Biocon
- CEO and Managing Director
- Shreehas Tambe
- June quarter consolidated revenue
- ₹4,336 crore
- June quarter revenue growth
- 10% year-on-year
- Recent US launches
- Five products, including Yesafili, Bosaya, Aukelso, and generic liraglutide
- Yesafili target US market
- Roughly $3 billion (biosimilar to Eylea)
- R&D spending
- Around 7% of revenue
- Announcement date
- August 6, 2026