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FDA on July 15 cleared Biocon Biologics Ltd.s Kirsty (insulin aspart-xjhz) as the first and only interchangeable biosimilar product referencing Novo Nordisk A/S Novolog (insulin aspart), a rapid-acting diabetes medication.

The new dosage will be available in April at pharmacies in the US, with a price to be announced then, according to the company.

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An Update on the Pharma-Value Play

A new generation of weight-loss drugs has proven remarkably effective, hugely popular and massively lucrative in the last few years, though they do have some drawbacks.