Biocon set for bigger insulin play\, aims to reach one in five diabetics

Biocon set for bigger insulin play, aims to reach one in five diabetics

Biocon Biologics CEO says portfolio to form a substantial part of $1 bn revenue target, to roll out insulin Aspart by next year

Topics
Biocon | insulin | Diabetes drug

Samreen Ahmad  |  Bengaluru 

Biopharmaceutical major Biocon is on a high. It recently rolled out insulin Glargine at the lowest market price in the US which opens up a $2.2 billion opportunity for the R&D focused company.

While Biocon has entered over 40 countries with its two offerings in the insulin portfolio namely recombinant human insulin (rh-insulin) and insulin Glargine, the Bengaluru-based company is aiming to reach one in five diabetes patients in need of insulin-based therapy around the globe. “A blockbuster is not earning $1 billion in revenue but touching the lives of 1 billion patients. We ...

First Published: Sun, September 06 2020. 17:40 IST