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Biocon’s Yesintek Gains Major U.S. Market Access

Written by: Nikitha DeviUpdated on: May 5, 2025, 9:29 AM IST
Biocon’s biosimilar Yesintek™ gains U.S. market access, expanding patient access to cost-effective treatments for autoimmune diseases, with major health plans onboard.
Biocon’s Yesintek Gains Major U.S. Market Access
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Biocon Biologics Ltd (BBL), a fully integrated global biosimilars company and a subsidiary of Biocon Ltd, has made a significant advancement with its biosimilar Yesintek™ (ustekinumab-kfce).  

Yesintek is a biosimilar to Stelara® (ustekinumab) and has now secured market access agreements representing over 100 million lives in the United States.  

These agreements will significantly improve patient access to cost-effective treatments for chronic autoimmune diseases such as Crohn’s disease, ulcerative colitis, plaque psoriasis, and psoriatic arthritis. 

Indications and FDA Approval 

Several prominent U.S. health plans have included Yesintek in their formularies, starting with Express Scripts, which added Yesintek to its National Preferred Formulary (NPF) effective March 21, 2025.  

Cigna also added Yesintek to its commercial formulary, effective from the same date. UnitedHealthcare will include Yesintek in its various formularies, such as commercial, managed Medicaid, and Medicare plans, starting from May 1, 2025, March 1, 2025, and June 1, 2025, respectively.  

CVS Health and Optum Rx will begin offering Yesintek starting July 1, 2025. In addition, Yesintek has been selected by several other regional health plans, including Navitus, Costco Health Solutions, and MedImpact. 

Yesintek has been FDA-approved since December 2024 for the treatment of chronic autoimmune diseases. It is available in multiple formulations, including 45 mg/0.5 mL PFS, 90 mg/mL PFS, 45 mg/0.5 mL vial, and 130 mg/26 mL vial. Clinical studies have demonstrated that Yesintek is highly similar to Stelara, with comparable pharmacokinetic, safety, efficacy, and immunogenicity profiles. 

Management Commentary 

Shreehas Tambe, CEO & Managing Director, Biocon Biologics Ltd, said, “Yesintek™ (Ustekinumabkfce) represents an important milestone for Biocon Biologics, as this is the first product we have launched in the United States as a fully integrated biosimilars company. The strong adoption of Yesintek™ by payors in the U.S. reflects their confidence in our science, supply reliability, and commercial capability. The listing of Yesintek™ on multiple formularies is another validation that payors in the U.S. are committed to broaden access to affordable treatment options.” 

Josh Salsi, Head of North America, Biocon Biologics Inc., stated, “More than 100 million Americans, representing 70%-80% of the commercial market — are now covered for Yesintek™ (ustekinumabkfce) through commercial formularies. This marks a significant step forward in bringing high-quality, affordable biosimilars to patients managing chronic conditions.” 

Also Read: Biocon Board Greenlights Fundraising Plan of Up to ₹4,500 Crore!

Conclusion 

The broad formulary access and the potential for greater patient affordability mark an important step for Biocon Biologics in expanding its biosimilar portfolio, reinforcing its position in the global biosimilars market. 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: May 5, 2025, 9:29 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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