Expert committee to assess pricing of Sanofi India's diabetes med Soliqua
A new product from French pharma major Sanofi’s (Euronext: SAN) Indian subsidiary, Soliqua (insulin glargine and lixisenatide recombinant fixed-dose combination), has recently been granted approval by the Central Drugs Standard Control Organization (CDSCO).
A multidisciplinary committee of experts, which advises India's National Pharmaceutical Pricing Authority (NPPA) on pricing-related matters, is now set to review the company's request for higher prices for Soliqua combinations.
A significant portion of Sanofi India's revenues are generated by the sale of oral anti-diabetes drugs and insulin. L0antus (insulin glargine injection), Toujeo (insulin glargine), and Amaryl (glimepiride) are some4 of Sanofi's leading brands in the anti-diabetic therapy market, accounting for more than 85% of its revenue.
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