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» How This Historic FDA Approval Benefits Viatris
How This Historic FDA Approval Benefits Viatris
How This Historic FDA Approval Benefits Viatris
Submitted by
admin
on August 4, 2021 - 10:57am
Source:
Motley Fool
News Tags:
Viatris
Biocon
FDA
Semglee
biosimilars
insulin
diabetes
interchangeable biosimilars
Headline:
How This Historic FDA Approval Benefits Viatris
snippet:
Viatris's and Biocon's Semglee is the first biosimilar "interchangeable" insulin drug to receive approval from the FDA.
Cost-related medication non-compliance, mounting political pressure, and the safety profile of Semglee were the major factors.
The approval should help Viatris to snag a couple hundred million dollars of annual revenue away from Sanofi's Lantus.
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