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Biocon may bag approval for cancer drug in European market Once approved, the product can be marketed in the 27 European Union (EU) member countries and European Economic Area (EEA) member states of Norway, Iceland and Liechtenstein Joe C Mathew | March 1, 2021 | Updated 12:03 IST Biocon Biologics Ltd, a subsidiary of Biocon Ltd is one step closer to bagging a marketing approval for its biosimilar cancer drug Bevacizumab in the European Union member countries. The company said the product received a positive response from the European Medicines Agency s Committee for Medicinal Products for Human Use (CHMP). With the committee recommending the marketing authorisation of Bevacizumab, the company now needs final approval from the European Commission (EC), expected by May 2021. ....