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Approval of Biocon, Mylan insulin product could herald cheaper insulin in U.S.

FDA decision is a blow for Sanofi, which markets blockbuster Lantus

After traveling a winding path that included patent disputes and complete response letters, Semglee insulin glargine from Biocon and Mylan has at last gained FDA’s approval to treat diabetes.

Biocon Ltd. (NSE:BIOCON; BSE:532523) and Mylan N.V. (NASDAQ:MYL)

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