<p class="yiv3630085296Body" id="yui_3_16_0_1_1428604428968_24053" style="margin-bottom:0cm;margin-bottom:.0001pt;"><span lang="EN-US" style="text-align: justify; font-size: 14pt; line-height: 115%;">Mexico has approved bio-pharmaceutical major Biocon's insulin Glargine. </span><span id="yui_3_16_0_1_1428604428968_24055" lang="EN-US" style="text-align: justify; font-size: 14pt; line-height: 21.4666652679443px;">Mexican health authority </span><span style="text-align: justify; font-size: 18.6666660308838px; line-height: 21.4666652679443px;">COFEPRIS,</span><span style="text-align: justify; font-size: 14pt; line-height: 21.4666652679443px;">, through its partner PiSA Farmaceutica (PiSA), approved the insulin, it was announced on Friday (10 April).</span><br /> </p><p class="yiv3630085296Body" id="yui_3_16_0_1_1428604428968_24060" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;"><span id="yui_3_16_0_1_1428604428968_24059" lang="EN-US" style="font-size:14.0pt;line-height:115%;">Mexico has been a very important market for Biocon since 2006, where it has been playing a significant role in enabling access to affordable rh-Insulin. Insulin Glargine will augment the affordable insulins therapy for diabetes management. <span class="yiv3630085296apple-converted-space" id="yui_3_16_0_1_1428604428968_24061">‘GALACTUS’ by PiSA </span>is the first Insulin Glargine to be approved in Mexico as per the biocomparable approvals pathway defined in 2012<span class="yiv3630085296apple-converted-space">.<br /> </span></span></p><p class="yiv3630085296Body" id="yui_3_16_0_1_1428604428968_24062" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;"><span style="font-size: 14pt; line-height: 115%;">Biocon is as Asia’s largest insulins producer and has been committed to affordable diabetes management through rh-Insulin (Insugen ®) and Insulin Glargine (Basalog ®) in India and several emerging markets. The company currently</span><b style="font-size: 14pt; line-height: 115%;"> </b><span style="font-size: 14pt; line-height: 115%;">has marketing approvals in over 60 countries for rh-Insulin and in over 20 countries for Insulin Glargine.</span><br /> </p><p class="yiv3630085296Body" id="yui_3_16_0_1_1428604428968_24067" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;"><b id="yui_3_16_0_1_1428604428968_24066"><span id="yui_3_16_0_1_1428604428968_24065" lang="EN-US" style="font-size:14.0pt;line-height:115%;">Biocon Chairperson & Managing Director Kiran Mazumdar-Shaw</span></b><span id="yui_3_16_0_1_1428604428968_24123" lang="EN-US" style="font-size:14.0pt;line-height:115%;"> said: <i id="yui_3_16_0_1_1428604428968_24122">“</i>We are committed to make global impact with our affordable insulins therapy. </span><span lang="ES-TRAD" style="font-size:14.0pt;line-height:115%;">Our Insulin Glargine, will now enable access to a basal insulin which will further expand the diabetes management therapy for patients in Mexico.</span><i><span lang="ES-TRAD" style="font-size:14.0pt;line-height:115%;">” </span></i><br /> </p><p class="yiv3630085296Body" id="yui_3_16_0_1_1428604428968_24073" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;"><span style="font-size: 14pt; line-height: 115%;">Diabetes is a major health risk in Mexico, over 70 per cent of the Mexican population is overweight thus prone to developing diabetes. With over 9 million cases of diabetes, it poses a huge </span><span style="font-size: 14pt; line-height: 115%;">disease burden for the government with per capita expenditure on diabetes being as high as $892.5. </span><br /> </p><p class="yiv3630085296Body" id="yui_3_16_0_1_1428604428968_24101" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;"><span style="font-size: 14pt; line-height: 115%;">Biocon’s presence in Mexico, over the last eight years, has expanded the insulins market substantially by initiating many more patients onto insulin therapy. The increasing affordability of Insulin Glargine will now enable Biocon and PiSA to expand this reach further. The combined market for Insulin Glargine in Mexico is estimated to be in excess of $40 million.</span></p>