Generic weight loss drugs boosted by UK approval for Biocon

Biocon is betting on anti-obesity therapies as patents for the blockbuster drugs begin to expire, sparking a wave of generic supply for a global weight-loss market expected to touch USD 100bn by 2030.

Photo: Abhishek Chinnappa/Reuters/Ritzau Scanpix

By Satviki Sanjay and Advait Palepu, Bloomberg

The Bengaluru-based firm, that has been churning out off-patient medicines treating diabetes, scored an early win with the UK approval for the first generic version of liraglutide injectable, whose patent ends in November.

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UK risks critical medicine shortage as EU lures drugmakers
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