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Wednesday, December 4, 2019

Lannett up on advancement of Lantus biosimilar

Lannett Company (NYSE:LCIannounces positive results from the first human study evaluating it and alliance partner HEC Group’s insulin glargine, a biosimilar to Sanofi’s (NASDAQ:SNY) top diabetes seller Lantus.
It plans to meet with the FDA in the coming months to clarify a registration path.
Lantus accounted for 60% of Sanofi’s Q3 diabetes sales.

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