Lilly/BI's Basaglar: A Rosier Outlook For US Biosimilars?

 
• By Jessica Merrill
  
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Sales of the insulin glargine product in its first full year on the market were strong at $432.1m, but Lilly said it is offering steep rebates in exchange for market access and it's not clear that the growth is sustainable if more copies enter the market.

Diabetes

Eli Lilly & Co. and Boehringer Ingelheim GMBH have had notable commercial success with the launch of Basaglar (insulin glargine), a copy of Sanofi's blockbuster Lantus. After launching in the US in late 2016, the insulin generated $311.1m in the US and $432.1m globally in 2017, a strong showing for a new drug launch and particularly in an emerging area like follow-on biologics.

"We have seen excellent uptake," Lilly Diabetes and Lilly USA President Enrique Conterno said during the company's fourth quarter earnings...

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