Mylan and Revance Therapeutics Partner on Botox Biosimilar

Mylan and Revance Therapeutics have entered into a collaboration to develop a proposed biosimilar to Botox (onabotulinumtoxinA). The collaboration includes a $25 million upfront payment to Revance, with contingent milestone payments upon achievement of additional clinical, regulatory and sales targets. Botox is indicated for treating bladder conditions, migraine headaches, muscle stiffness, and wrinkles on the face, among other uses.

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