Novo Nordisk 'Caught Short' By Lantus Exclusion

Novo Nordisk says it was caught by surprise when US pharmacy benefit managers decided to exclude Sanofi's basal insulin Lantus and downgrade its own Levemir from formularies in favor of Eli Lilly's soon-to-be launched biosimilar Basaglar. Novo had been hoping for more time to secure some of Lantus' US market share with its new diabetes product Tresiba, but now accepts that will not happen.