Biocon first to gain approval for generic of diabetes drug, liraglutide, in UK
India’s Biocon (BSE: 532523) says that it has received approval from the UK’s Medicines and Healthcare Products Regulatory Agency (MHRA) for its complex formulation liraglutide (6mg/ml solution for injection in pre-filled pen), which was filed through its European partner, Czech drugmaker Zentiva.
Liraglutide is the active ingredient of Danish firm Novo Nordisk’s (NOV: N) obesity drug Saxenda and is sold under the brand name Victoza for diabetes.
Biocon’s product is a drug-device combination formulation used in the treatment of type 2 diabetes mellitus, a disorder in which the body does not produce enough or respond normally to insulin, causing blood sugar (glucose) levels to be abnormally high.
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