Lilly and Boehringer's follow-on insulin launched in USA

16 December 2016

A year after its approval by the US Food and Drug Administration, a follow-on version of Sanofi’s (Euronext SAN) blockbuster long acting insulin product Lantus (insulin glargine) has hit the market. Lantus sales were 6.55 billion euros ($6.8 million at current exchange rates) in 2015.

Yesterday, US pharma major Eli Lilly (NYSE: LLY) and partner German’s Boehringer Ingelheim announced that their Basaglar (insulin glargine injection 100 units/mL) is available by prescription in the USA.

Lilly shares were up 4.2% at $70.53 by early afternoon on Thursday, but that was more to do with the company’s forward financial guidance.

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