Biocon And Biomm Team Up In Brazil On Ozempic Rival – With Potential Near-Term Launch

Partnership On Semaglutide Comes Shortly After Landmark UK Liraglutide Nod

India’s Biocon Limited has struck an exclusive deal for a generic version of semaglutide in Brazil with local player Biomm. And a recent court ruling means that launch could come sooner rather than later for the Ozempic rival.

Image of Brazilian and Indian flags merging diagonally
India's Biocon has a Brazilian deal with Biomm on semaglutide • Source: Shutterstock

Biocon Limited has set out plans to compete in what it says is a $580m Brazilian market for semaglutide, after striking an exclusive licensing and supply agreement for its Ozempic generic with local player Biomm.

Noting that the “vertically integrated” diabetes treatment would be developed, manufactured and supplied by Biocon, the Indian firm said that...

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