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Biocon eyes obesity drug launch in India, Canada

Hindustan Times Rajasthan

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July 17, 2025

Biocon aims to launch generic copies of the blockbuster weight-loss drug Wegovy in India and Canada within the next two years, a top executive told Reuters, seeking to tap into a market that is estimated to grow to $150 billion globally by the early 2030s.

- Reuters

Biocon eyes obesity drug launch in India, Canada

The push comes after Danish drugmaker Novo Nordisk and US-based rival Eli Lilly saw skyrocketing demand for their obesity drugs Wegovy and Zepbound.

Biopharmaceutical company Biocon plans to submit a request for approval to India’s drug regulator by the end of 2026 and potentially launch in 2027 through a partner, CEO Siddharth Mittal said in an email interview on Tuesday.

The company, which also makes insulin products, expects to complete late-stage trials within the next 12 to 18 months, he added.

Hindustan Times Rajasthan से और कहानियाँ

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Hindustan Times Rajasthan

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Student handcuffed after AI mistakes bag of chips for gun

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Hindustan Times Rajasthan

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Tight liquidity may spur RBI move

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time to read

3 mins

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Hindustan Times Rajasthan

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Street to see a tide of retail investors in next one year

India’s retail investment landscape may be on the cusp of change, with a surge of first-timers ready to enter the equity markets.

time to read

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Waiting for Bihar’s moment in the sun

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time to read

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Hindustan Times Rajasthan

Brook ton in vain as NZ beat England by 4 wickets

Captain Harry Brook’s brilliant century wasn’t enough to rescue England as hosts New Zealand eased to a four-wicket win in the first one-day international on Sunday.

time to read

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Hindustan Times Rajasthan

What NCRB data says about nature of crime

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time to read

3 mins

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