Biocon Biologics, a subsidiary of Biocon Ltd, has announced a multi-year agreement with US non-profit Civica to manage the distribution, promotion, and sales of insulin products in the United States. The collaboration is aimed at improving access to affordable insulin while leveraging Civica’s established distribution channels.
Under the agreement, Biocon Biologics will manufacture and supply Insulin Glargine and other pharmaceutical products to Civica. Across the US, the insulin will carry Civica branding, except in California, where it will be marketed under the CalRx brand. This arrangement allows Civica to oversee all aspects of US sales and marketing for the product, simplifying distribution and expanding reach.
Despite the partnership, Biocon Biologics will continue to market its FDA-approved Insulin Glargine-yfgn (Semglee) under its own brand. The company will retain full ownership of the intellectual property and marketing authorisation associated with Insulin Glargine. The agreement does not involve any technology transfer, ensuring that the company maintains control over its proprietary processes.
The partnership is designed to reach underserved populations and expand patient access through Civica’s channels. It aligns with Biocon Biologics’ broader approach of direct commercialisation while leveraging strategic collaborations to broaden market penetration. Civica also benefits by advancing its mission to provide affordable insulin to US patients, particularly in regions with limited access.
The collaboration is expected to strengthen Biocon’s sales in the US, a market offering an estimated $7 billion opportunity. The company has secured four FDA approvals in the past ten months and currently maintains nine products in its US portfolio. This expansion through Civica adds an additional channel to enhance availability of insulin and other pharmaceutical products.
As of October 16, 2025, 4:01 p.m., Biocon share price stood at ₹358, reflecting a 0.48% increase for the day. The stock has a market capitalisation of ₹47,877 crore and has traded within a high of ₹406 and a low of ₹291.
Biocon currently has a P/E ratio of 132 and a book value of ₹180. The stock offers a dividend yield of 0.14%, with a Return on Capital Employed (ROCE) of 6.25% and a Return on Equity (ROE) of 4.76%.
Read More:Biocon Biologics Secures USFDA Approval for Bosaya and Aukelso
The partnership between Biocon Biologics and Civica represents a strategic step to enhance insulin accessibility in the US while retaining brand control. The collaboration is expected to broaden market reach, improve patient access, and support growth in one of the company’s key international markets.
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Published on: Oct 16, 2025, 5:36 PM IST
Suraj Uday Singh
Suraj Uday Singh is a skilled financial content writer with 3+ years of experience. At Angel One, he excels in simplifying financial concepts. Previously, he cultivated his expertise at a leading mortgage lending firm and a prominent e-commerce platform, mastering consumer-focused and engaging content strategies.
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