Business description and background
- Increasing risk of diabetes in parts of Asia
- Increasing treatment rates and early diagnosis in parts of BRIC nations, especially in China
- The proportion of patients treated by insulin is rapidly growing due to the ease of availability of insulin doses
- Start patients fresh with long-acting insulin on a new type of insulin and this could last longer with a longer patent protection. This could further translate into higher market share for Novo.
- Market leader, Sanofi-Aventis (SNY) long acting insulin (Lantus) is known to be a better performer than Levemir (Novo’s marketed long-acting insulin). This is further complicated by the fact that Levemir requires two doses a day. This perception would improve with the introduction of Degludec.
- •Lantus market share may decline from 53% to 30% by 2030 as a result of Degludec.
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