Partnerships give critical mass for reaching out to more patients
What do both sides bring to the table as part of this alliance?
Globally, both companies have worked together in the past. By giving insulin and orals as part of the alliance, we are giving doctors more choice in treatment. We share not just the profits, but the costs too. Our aim is to be the market leader in this alliance over the next five years, with around 20% market share. We are already operating in 110 cities in India through the alliance.
Is there a plan to take the alliance beyond diabetes?
The alliance is only for diabetes products now, but over the next five years we plan to put more new products developed by each company into it, taking the total basket to six products.
Are you open to such partnerships in other therapeutic segments with other companies?
BI has a strong
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