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Muted Q2 But Biocon Confident Of Insulin Glargine’s Onward US March

 
• By Anju Ghangurde

Biocon Biologics upbeat on Lantus follow-on’s long revenue stream and prospects for interchangeability, while operational challenges resulted in some supply constraints during the fiscal second quarter.

A man is building a ladder or growth chart from blocks. Strategy planning business expansion. Climbing the career ladder. Increase in income, organization of processors. Prioritization. Leadership
Long Revenue Stream Expected For Biocon-Mylan's Lantus Follow-On • Source: Shutterstock

Operational strains weighed down Biocon, Ltd. in the second quarter of fiscal year 2021, but management remains upbeat about the prospects of the firm’s biosimilars portfolio, including its partnered follow-on version to Sanofi’s Lantus (insulin glargine).

Biocon and partner Mylan N.V.’s insulin glargine product Semglee, launched in the US at the end of August, has...

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