Indian companies to share in cancer drug's $12 billion pie

21 March 2022

Indian generic players may soon have access to a blockbuster cancer drug. The loss of exclusivity in the USA for Bristol Myers Squibb's (NYSE: BMY) Revlimid (lenalidomide) is helping several generic players to seek huge gains, with some in India entering unique settlements, reports The Pharma Letter’s India correspondent.

In 2021, the last year of exclusivity for Bristol Myers Squibb's multiple myeloma treatment, Revlimid sales culminated at $12.8 billion

India's Natco Pharma (BSE: 524816) jumped 10% on the bourses in the first week of March after the company announced the launch of the first generic version of lenalidomide capsules in the US market.

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