By Rishika Sadam
June 20 (Reuters) - Eli Lilly ( LLY ) said the response
for its blockbuster drug Mounjaro has been "positive" in India,
adding that it is focusing on meeting demand for the drug in the
world's most populous country.
The U.S.-based Lilly beat rival Novo Nordisk in
March this year to introduce its diabetes and weight-loss drug
in India, which is grappling with an increasing disease burden
among its population of 1.4 billion.
Mounjaro has sold more than 81,570 units in India, totalling
about 239.4 million rupees ($2.76 million) as of May, with the
drug logging a 60% rise in overall sales between April and May,
according to data from research firm PharmaTrac.
With its mass-market pricing, Mounjaro could become a
mainstay in obesity and diabetes management in India, PharmaTrac
said.
The global demand for Lilly's Mounjaro and Novo's version
Wegovy has skyrocketed in the last few years, even leading to
shortages in a few countries, including the U.S.
"Since 2020, Lilly has invested over $50 billion to
increase production capacity (for global supply). We remain
fully committed to meeting the demand for our medicines across
the country," the company said on Thursday.
Obesity and diabetes rates have been steadily climbing in
India. A government survey conducted between 2019 and 2021
showed 24% of women and nearly 23% of men aged 15 to 49 were
overweight or obese, up from 20.6% and 19%, respectively, in
2015-2016.
In addition, the number of adults with diabetes is projected
to increase to more than 124 million by 2045 from 74.2 million
in 2021, according to the International Diabetes Federation.
Indian drugmakers are now racing to develop cheaper
versions of the weight-loss drugs to grab a share of the market
estimated to be around $150 billion by the early 2030s.
Semaglutide, the active ingredient in Wegovy, is likely to
go off-patent in 2026 in India.
($1 = 86.6125 Indian rupees)