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Biocon Biologics receives U.S. FDA approval for Jobevne – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Biocon Biologics receives U.S. FDA approval for Jobevne

Biocon Biologics receives U.S. FDA approval for Jobevne

Shreehas Tambe, CEO & Managing Director, Biocon Biologics Ltd.
| Photo Credit: The Hindu

The U.S. Food and Drug Administration (U.S. FDA) has approved Biocon Biologics’ Jobevne (bevacizumab-nwgd), a biosimilar Bevacizumab for intravenous use.

JOBEVNE, a recombinant humanized monoclonal antibody used to treat several different types of cancer, is a biosimilar to the reference product Avastin (bevacizumab). JOBEVNE is a vascular endothelial growth factor (VEGF) inhibitor that binds with VEGF and blocks the interaction with its receptors to prevent angiogenesis – combating cancer by restricting blood supply to the tumor, says a company communique issued on Thursday (April 10, 2025) morning.

Shreehas Tambe, CEO & Managing Director, Biocon Biologics Ltd., said, “The U.S. FDA approval of JOBEVNE (bevacizumab-nwgd) is a significant milestone—our seventh biosimilar approved in the U.S. and a strong addition to our robust oncology portfolio. It underscores the depth of our scientific expertise and commitment to expanding access to high-quality, affordable biologics.”

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