Commenting on the data, Biocon CMD Kiran Mazumdar-Shaw said: "The data is extremely promising and based on what we know today Tregopil may be positioned as a unique oral insulin."
Based on the positive data, Biocon has decided to take this research asset into next phase of clinical trials for validation in a larger patient cohort, the company said in a regulatory filing.
"Two major complications of current insulin treatments, hypoglycemia and weight gain, could be potentially minimised by treatment with insulin Tregopil," Biocon Clinical Advisory Board member Harold Lebovitz said.