Lilly Wins EU Backing for Version of Sanofi’s Lantus

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Eli Lilly & Co. won European backing for a biosimilar version of Sanofi’s Lantus insulin, paving the way for the first copycat of the French drugmaker’s top-selling medicine.

Lilly’s Abasria insulin was recommended by the European Medicines Agency’s Committee for Medicinal Products for Human Use for the treatment of diabetes, the agency said in a statement today. The European Commission, the EU’s executive arm, usually follows the panel’s recommendation.