Is The Pfizer-Biocon Insulin Deal In Trouble? Some Say It May Be Off

A source indicates the deal may soon see its end, which would be a setback for both companies in expanding their diabetes businesses.

MUMBAI – Are cracks surfacing in the hyped October 2010 deal between Pfizer Inc. and Biocon Ltd. for global commercialization of a wide range of insulins? If well-placed industry sources are to be believed, the two partners are close to calling off the agreement, although when approached by PharmAsia News the two companies separately declined comments terming the queries as “market speculation.”

Initial disagreements on a few issues may have arisen at least four months ago, said an executive who claimed knowledge of the deal. While efforts are being made to navigate...

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