Business Medical Dialogues
    • facebook
    • twitter
    Login Register
    • facebook
    • twitter
    Login Register
    • Medical Dialogues
    • Speciality Dialogues
    • Education Dialogues
    • Medical Jobs
    • Medical Matrimony
    • MD Brand Connect
    Business Medical Dialogues
    • News
        • Financial Results
        • Hospitals & Diagnostics
        • IT / Health Venture
        • Implants / Devices
        • Insurance
        • Key Movement
        • Pharmaceuticals
        • Policy
        • Technology
        • pharma-news
    • blog
    LoginRegister
    Business Medical Dialogues
    LoginRegister
    • Home
    • News
      • Financial Results
      • Hospitals & Diagnostics
      • IT / Health Venture
      • Implants / Devices
      • Insurance
      • Key Movement
      • Pharmaceuticals
      • Policy
      • Technology
      • pharma-news
    • blog
    • Home
    • Latest News
    • New diabetic drugs to...

    New diabetic drugs to cost less

    Written by kanchan joshi joshi Published On 2016-10-31T09:54:37+05:30  |  Updated On 31 Oct 2016 9:54 AM IST
    New diabetic drugs to cost less
    Delhi: A new class of diabetes drugs are indeed bringing a sense of relief to the Indian Diabetics. While on one hand these drugs are an advancement over the old class of drugs, the new molecule also costs less, leading to a fall in prices of these new varieties. This new class of drug belongs to the Gliptin family

    The prices of medicine for the disease is reported to have gone down from Rs. 156 per pack in January to Rs. 79 in the month of September, marking a huge steep.

    The reason for the said fall in prices of the diabetes medicines is introduction of a new class of molecule belonging to the gliptin family, which is helpful in the cure. About 1.85 million diabetics, who are on gliptin therapy to manage their type-2 diabetes will be benefited with this advent.

    The therapy using this molecule which is launched as a breakthrough in diabetes treatment does not have any side effects according to the experts.This indeed is another advantage of the new drug.

    “The country’s anti-diabetes market is one of the fastest-growing segments, with a growth rate exceeding 25% at Rs 7,638 crore,” says data of the All India Organisation of Chemists and Druggists Association.

    More than 34 brands are prepared from the teneligliptin molecule, under the name of 30 companies including Glenmark, Mankind Pharma, Zydus, Eris Life Sciences and Intas.

    Glenmark Pharmaceuticals chairman, Glenn Saldanha told
    HT
    , “While most of the gliptins were imported, teneligliptin is the only gliptin to be manufactured in India. With the launch of this, the daily cost of treatment for gliptin therapy has come down dramatically,” Mankind Pharmaceuticals is expecting the prices to fall more.

    The average price for older drugs was Rs. 45 per day, while the new drugs, which are based on teneligliptin has reduced prices with its advent to Rs. 5 to Rs. 7 per day.

    The drug was launched by Glenmark last year under brands including Ziten and Zita Plus costing Rs 19.90 per tablet. Most gliptins on the other hand were priced at around Rs 45.

    “We are planning to manufacture this molecule (bulk drug) at our new plant, which is set to start in January. We may see further cost benefits that may allow prices to reduce further,” stated RC Juneja, the chief executive officer of Mankind Pharma.

    diabetes drugsdiabetes medicinesDiabetes medicines price fallEris Life SciencesGlenmarkgliptin therapyIntasXteneligliptin moleculezydus
    Source : With inputs

    Disclaimer: This site is primarily intended for healthcare professionals. Any content/information on this website does not replace the advice of medical and/or health professionals and should not be construed as medical/diagnostic advice/endorsement or prescription. Use of this site is subject to our terms of use, privacy policy, advertisement policy. © 2020 Minerva Medical Treatment Pvt Ltd

    kanchan joshi joshi
    kanchan joshi joshi
      Show Full Article
      Next Story
      Similar Posts
      NO DATA FOUND

      Popular Stories

      • Email: info@medicaldialogues.in
      • Phone: 011 - 4372 0751

      Website Last Updated On : 13 Oct 2022 5:14 AM GMT
      Company
      • About Us
      • Contact Us
      • Our Team
      • Reach our Editor
      • Feedback
      • Submit Article
      Ads & Legal
      • Advertise
      • Advertise Policy
      • Terms and Conditions
      • Privacy Policy
      • Editorial Policy
      • Comments Policy
      • Disclamier
      Medical Dialogues is health news portal designed to update medical and healthcare professionals but does not limit/block other interested parties from accessing our general health content. The health content on Medical Dialogues and its subdomains is created and/or edited by our expert team, that includes doctors, healthcare researchers and scientific writers, who review all medical information to keep them in line with the latest evidence-based medical information and accepted health guidelines by established medical organisations of the world.

      Any content/information on this website does not replace the advice of medical and/or health professionals and should not be construed as medical/diagnostic advice/endorsement or prescription.Use of this site is subject to our terms of use, privacy policy, advertisement policy. You can check out disclaimers here. © 2025 Minerva Medical Treatment Pvt Ltd

      © 2025 - Medical Dialogues. All Rights Reserved.
      Powered By: Hocalwire
      X
      We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by continuing to use our site. To know more, see our Cookie Policy and Cookie Settings.Ok