GC Pharma/Biocon Eye Low Price Strategy As Biosimilar Insulin Glargine Approved In Korea

GC Pharma/Biocon are set to adopt a low price strategy for their biosimilar insulin glargine, which has just received regulatory approval in South Korea, to better compete with rival products.

Approve

South Korea's Ministry of Food and Drug Safety has granted the green light to Biocon Ltd.'s Glarzia, a biosimilar version of

Sanofi's Lantus (insulin glargine), paving the way for the product to become the second Lantus

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