Biocon secures UK's first approval for generic liraglutide, marking the start of a lucrative generic supply for weight loss meds.

Biocon Ltd., an Indian biotech firm, is shifting focus to anti-obesity therapies as patents for blockbuster medications expire, fueling a $100 billion generic drug market by 2030. Biocon secured the UK's first approval for a generic version of liraglutide injectable, used in weight loss and losing patent protection in November. This marks the beginning of a lucrative wave of generic supply for weight loss medications.

April 08, 2024
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