Mylan, Biocon in deal on insulin products
Mylan and Biocon Ltd. are in a partnership to develop and commercialize three generic insulin analog products.
Financial terms of the profit-sharing deal weren't disclosed. But Mylan will be able to develop Glargine, the generic version of Sanofi's Lantus; Lispro, the generic version of Eli Lilly's Humalog; and Aspart, the generic version of Nov Nordisk's NovoLog. The rights are for the U.S., Canada, the European Union and elsewhere.
The worldwide sales of the three are $11.5 billion in 2012, Mylan…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - Category: Pharmaceuticals Source Type: research
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