Biocon Biologics, a subsidiary of Biocon Ltd, secured US Food and Drug Administration (FDA) approval to commercialise YESINTEK, a biosimilar.

The biosimilar drug will be used for the treatment of Crohn’s disease, ulcerative colitis, plaque psoriasis, and psoriatic arthritis.

The company, which has entered into a settlement and licensing agreement with Janssen Biotech Inc., Janssen Sciences Ireland, and Johnson & Johnson (collectively referred to as Janssen), plans to commercialise the drug by February 22, 2025.