India’s leading biotech firm Biocon (BSE: 53252) says that, close on the heels of receiving approval for its insulin glargine from the Japanese regulator last quarter, its partner Fujifilm Pharma (FFP) has now launched the product in Japan.
Insulin glargine BS injection kit has been developed and manufactured by Biocon, and is being commercialized by FFP in Japan. The product is a ready-to-use, prefilled disposable pen with 3ml of 100IU insulin glargine. It will provide a high quality, yet affordable, world-class long-acting biosimilar to French pharma major Sanofi’s (Euronext: SAN) blockbuster band Lantus for diabetes patients in Japan. There were 7.2 million people with diabetes in Japan in 2015, according to the International Diabetes Federation.
Aims for significant share of $144 million Japanese glargine market
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