Sanofi India is divesting its insulin brand, Lantus, with Glenmark, Dr. Reddy's, and Emcure Pharma considering acquisition, though a licensing agreement remains a possibility. The asking price has been reduced to ₹2,000 crore due to declining sales and government price cuts. Despite newer insulin options, Lantus remains a market leader in India's growing diabetes market.
from Healthcare/Biotech-Industry-Economic Times https://ift.tt/nwBe4oF
via IFTTT
Home »
Healthcare/Biotech-Industry-Economic Times
» Sweet Surrender: Sanofi puts star insulin brand Lantus up for sale, eyes Rs 2,000 crore from Indian pharma giants
0 comments:
Post a Comment