Biocon, Mylan NV launch Semglee in Australia

Mylan N.V. has launched Semglee (insulin glargine answer for injection 100 IU/mL in an exceedingly 3mL pre-filled pen), the primary internal secretion glargine biosimilar in Australia offered on the Pharmaceutical advantages theme (PBS).

Insulin glargine could be a long basal internal secretion analog, given once daily to assist management the glucose levels of these with the polygenic disease. it’s indicated for the treatment of Type 1 Diabetes in adults, adolescents and youngsters aged six years and above and type 2 diabetes in adults.

Biocon is India’s largest and Asia’s leading Biotechnology Company with strategic target biopharmaceuticals and analysis services. It’s a totally integrated, innovation-driven biopharma enterprise giving cheap solutions for chronic diseases to patients worldwide.

Biotechnology major Biocon and company Mylan N V on Thursday announced the launch of their internal secretion biosimilar Semglee, indicated for the treatment of polygenic disease, in Australia.

In a regulative filing, Biocon said Semglee is going to be obtainable on the Pharmaceutical advantages theme (PBS). Availability of Semglee through the Pharmaceutical advantages theme can expand patient access to the present medical aid in Australia and can scale back the price burden for PBS.

Australia’s health regulator Therapeutic merchandise Administration (TGA) had approved Semglee, co-developed by Biocon and Mylan. Mylan and Biocon’s internal secretion glargine biosimilar are presently approved in additional than forty countries around the world.

Shares of Biocon Ltd were commerce 2.23% higher at Rs 227.10 for each on BSE.

To change cheap access to Semglee, a top-quality biosimilar internal secretion Glargine, co-developed and made by Biocon Biologics, to individuals with polygenic disease in Australia.