 "Biocon")
The Bengaluru-based Biocon has been awarded MYR 300 million (approximately Rs 460 crore) contract by Malaysia’s Ministry of Health (MoH) for supplying recombinant human insulin (rh-Insulin) formulations. As per the contract, to be serviced over a period of three years, Biocon will manufacture rh-insulin formulations at its large scale biopharmaceutical facility in Johor, Malaysia.
The company’s rh-insulin is Malaysia’s first locally manufactured biosimilar biologic product approved by the National Pharmaceutical Regulatory Authority (NPRA), Malaysia, for commercial sales in the country. This marks the commercialisation milestone of Biocon’s first overseas facility in Malaysia.
The company’s subsidiary, Biocon SDN BHD, will supplying rh-insulin cartridges and
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