Mylan and Biocon closer to European biosimilar of Lantus

4 November 2016

The European Medicines Agency (EMA) has accepted for review Mylan’s (Nasdaq: MYL) regulatory submission its version of diabetes treatment insulin glargine, referencing Lantus, the original blockbuster product from France’s Sanofi (Euronext: SAN).

The Netherlands-incorporated drugmaker has co-developed the treatment with India's leading biotech firm, Biocon (NSE: BIOCON).

"There is a significant unmet need around the world for more affordable versions of injectable insulin products."

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