In latest blow to Eli Lilly, Sanofi wins FDA OK for Humalog me-too
Sanofi $SNY got the greenlight from FDA to sell its me-too insulin product Admelog, threatening market leader Eli Lilly’s $LLY blockbuster sales in diabetes.
Admelog, a short-acting insulin lispro injection, is a follow-on product approved through an abbreviated pathway under the FDA’s Federal Food, Drug, and Cosmetic Act. FDA Commissioner Scott Gottlieb is delivering on his promise to encourage more competition in the marketplace, cheering the approval in today’s statement.
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