News: NPPA has issued the list to fix the ceiling price for the cost to patients of Sanofi's insulin glargine brand Lantus and, accordingly, the said product will be subject to a price reduction of approx. 21% on a weighted average basis.
Views: Lantus was included in NLEM 2022 in September 2022. There will be an impact on sales whereas it does not expect a material impact on the profitability considering the arms-length operating model principle being followed with regard to sourcing of this product from parent company. Post Lantus' inclusion the company's total portfolio under NLEM has increased from 15-16% to 40%.
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