HomeNewsBusinessCompaniesBiocon gets funding from JDRF to test oral insulin on type-1 diabetes patients

Biocon gets funding from JDRF to test oral insulin on type-1 diabetes patients

As per the agreement – JDRF or Juvenile Diabetes Research Foundation as it was known will fund Biocon’s global multiple ascending dose study of oral insulin drug candidate to evaluate the safety and tolerability in people with type 1 diabetes.

September 06, 2017 / 12:48 IST
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Moneycontrol News
Biopharmceutical firm Biocon on Wednesday said it got funding from US-based charity JDRF to test its oral insulin candidate Tregopil on type 1 diabetes patients.

“This collaboration with Biocon is a part of JDRF's Industry Discovery and Development Partnership (IDDP) programme, through which JDRF provides financial support to accelerate breakthrough research in T1D management,” Biocon said in a statement.

Biocon didn't disclose the quantum of funding.

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As per the agreement – JDRF or Juvenile Diabetes Research Foundation as it was known, will fund Biocon’s global multiple ascending dose study of oral insulin drug candidate to evaluate the safety and tolerability in people with type 1 diabetes.

“With this proposed clinical study, we hope to build on the extremely promising data that we have generated so far through previous human trials with Tregopil,”said Kiran Mazumdar-Shaw, CMD, Biocon.