Image Source : Upstox
Biocon Limited has launched its glucagon-like peptide-1 (GLP-1) therapy, Liraglutide, in the Netherlands—the first EU nation for its direct market entry. The drug-device combo targets diabetes and chronic weight management under brands Diavorin® and Vobexoryn®, enhancing access to cost-effective treatments amid surging demand.
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Biocon's Liraglutide (6 mg/ml solution in pre-filled pens) enters the Netherlands following EU Decentralized Procedure approval and prior UK success. This vertically integrated generic rivals Novo Nordisk's Victoza® (diabetes) and Saxenda® (weight loss), positioning Biocon as a generics leader in complex peptides. The move expands its European footprint after MHRA nods in the UK.
Key Highlights
Pioneering Entry: First direct Biocon launch of Liraglutide in an EU country, building on UK brands Liraglutide Biocon and Biolide.
Dual Indications: Diavorin® for Type-2 diabetes; Vobexoryn® for obesity alongside diet and exercise.
Strategic Milestone: Follows India approval (June 2025) and partnerships like Zentiva for EU distribution.
Market Impact: Boosts affordable GLP-1 access in high-demand Europe, with plans for US and more regions.
Outlook
This launch underscores Biocon's GLP-1 prowess, potentially driving revenue as obesity therapies boom. Shares may see positive momentum amid India's market focus.
Sources: NSE India Archives, Business Upturn
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