Ajanta Pharma Share Price Gains Over 3% on Licensing Deal with Biocon for Semaglutide

Ajanta Pharma Limited has announced a strategic partnership with Biocon Limited to market Semaglutide, a GLP-1 receptor agonist, in 26 countries.  

This collaboration aims to improve diabetes care in Africa, the Middle East, and Central Asia. 

Details of the Ajanta-Biocon Agreement 

On December 23, 2025, Ajanta Pharma Ltd. revealed its in-licensing agreement with Biocon Ltd. for Semaglutide.  

Under this agreement, Biocon will supply Semaglutide to Ajanta for exclusive marketing in 23 countries and semi-exclusive marketing in 3 countries across Africa, the Middle East, and Central Asia.  

Semaglutide is designed to improve glycaemic control in adults. The product patent is set to expire in most of these markets by March 2026. Ajanta plans to commercialise the product following regulatory approvals, expected in late 2026 or early 2027. 

Ajanta Pharma's Market Presence 

Ajanta Pharma has established a strong branded generic business with a presence in over 30 countries across Africa, South-East Asia, Central Asia, and the Middle East.  

The company operates in various therapeutic segments, including cardiology, antidiabetic, ophthalmology, antibiotic, antimalarial, pain, gynaecology, paediatric, and general health products.  

Ajanta has more than 220 brands in emerging markets, with many holding leadership positions in their respective segments. 

Biocon's Strategic Expansion 

Biocon Limited, a global biopharmaceutical company, focuses on enhancing affordable access to complex therapies for chronic conditions like diabetes, cancer, and autoimmune diseases. 

The partnership with Ajanta Pharma is a strategic step to expand Biocon’s GLP-1 portfolio and maximise the value of its scientific investments in complex peptide development.  

This collaboration will enable broader and more affordable access to Semaglutide for patients in the targeted regions. 

Read More: Emcure Pharma Share Price Surges; Launches Weight Management Drug Poviztra in India! 

Ajanta Pharma Share Price Performance 

 As of December 24, 2025, at 11:52 AM, Ajanta Pharma share price on NSE was trading at ₹2,771.60 up by 3.88% from the previous closing price. 

Conclusion 

The collaboration between Ajanta Pharma and Biocon marks a significant development in diabetes care across Africa, the Middle East, and Central Asia. By leveraging Ajanta's extensive market presence and Biocon's innovative capabilities, the partnership aims to provide broader access to Semaglutide, enhancing health outcomes in these regions. 

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