Home » Uncategorized » Eli Lilly could launch obesity drug in India next Year
Eli Lilly could launch obesity drug in India next Year

Eli Lilly could launch obesity drug in India next Year

U.S. drugmaker Eli Lilly expects to launch Mounjaro, its blockbuster diabetes drug and a wildly popular obesity treatment, in India as early as next year, CEO David Ricks told Reuters on Wednesday.

The market opportunity is huge in the world’s most populous country, which has high obesity rates, especially among women, and the second-highest number of people with type-2 diabetes globally. Indian drugmakers are making their own versions of such drugs, while illegal versions are also sold online.

“We’re open to any way to reach more patients as long as it makes sense for the company and we can supply the market,” Ricks said when asked if Lilly was open to authorized generic versions of drugs containing tirzepatide, the active ingredient in popular diabetes and weight-loss drugs.

Indian drugmakers, which are among the world’s largest generic drug makers, are already developing their own versions of Wegovy.

These companies include Zydus Lifesciences, Sun Pharma, Cipla, Dr Reddy’s and Lupin.

Of them, Lupin and Cipla are Lilly’s Indian distributors, including for some of its older diabetes treatments such as Eglucent, Aplevant, Basaglar and Trulicity.

INDIAN REGULATIONS

India should boost patent protection, get rid of redundant policies and create a social safety net to win more investment from global drugmakers, Ricks said in his keynote address at the BioAsia conference in the southern Indian state of Telangana.

These steps, he said, would help drive “broader interests for multinationals and foreign direct investment” in India’s pharmaceutical industry.

“India has many specific policies related to its regulatory environment all set up for good reason. But in hindsight, perhaps we can reflect upon them and find redundant policies that only cause delay and extra cost.”

Ricks said these regulatory challenges had the “two-way effect” of making it tough for companies like Lilly to bring new medicines into the market and constraining local biotechs to export their inventions.

Thanks for the comment

Social Media Auto Publish Powered By : XYZScripts.com
%d bloggers like this: