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    • Biocon, Mylan launch...

    Biocon, Mylan launch insulin biosimilar Semglee in Australia

    Medical Dialogues BureauWritten by Medical Dialogues Bureau Published On 2019-10-03T15:51:50+05:30  |  Updated On 16 Aug 2021 12:55 PM IST
    New Delhi: Biotechnology major Biocon and pharmaceutical company Mylan N V on Thursday announced the launch of their insulin biosimilar Semglee, indicated for the treatment of diabetes, in Australia.

    "We are extremely excited to enable affordable access to Semglee, a high quality biosimilar Insulin Glargine, co-developed and manufactured by Biocon Biologics, to people with diabetes in Australia. We are committed to use our science, scale and expertise to shift the access paradigm for patients in need of insulins across the globe," Biocon Biologics CEO Christiane Hamacher said.

    Also read:-Biocon chief Kiran Shaw vows to cut cost of rh-Insulin

    Insulin glargine is indicated for the treatment of type 1 diabetes mellitus in adults, adolescents and children aged six years and above and type 2 diabetes mellitus in adults.

    In a regulatory filing Biocon said Semglee will be available on the Pharmaceutical Benefits Scheme (PBS).

    "...availability of Semglee through the Pharmaceutical Benefits Scheme will expand patient access to this therapy in Australia and will reduce the cost burden for PBS," he added.

    Also read:- Biocon subsidiary acquires Chennai-based biological research facility from Pfizer Healthcare

    Australia's health regulator Therapeutic Goods Administration (TGA) had approved Semglee, co-developed by Biocon and Mylan. Mylan and Biocon's insulin glargine biosimilar is currently approved in more than 40 countries around the world.

    Shares of Biocon Ltd were trading 2.23 per cent higher at Rs 227.10 apiece on BSE
    AustraliaBioconbiosimilar Insulin GlargineBiotechnologyinsulin biosimilarMylanMylan N VNew Delhipharmaceutical companysemglee insulinSemlgeeTGATherapeutic Goods Administration
    Source : PTI

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    Medical Dialogues Bureau
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      Medical Dialogues Bureau consists of a team of passionate medical/scientific writers, led by doctors and healthcare researchers.  Our team efforts to bring you updated and timely news about the important happenings of the medical and healthcare sector. Our editorial team can be reached at editorial@medicaldialogues.in. Check out more about our bureau/team here

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