Mylan launches breast cancer drug in India

Hertraz is indicated for the treatment of HER2- ositive metastatic breast cancer

Press Trust of India New Delhi
Last Updated : Feb 03 2014 | 9:05 PM IST
Drug major Mylan Inc today said it has launched breast cancer drug Hertraz Herceptin in India.
 
The company's subsidiary Mylan Pharmaceuticals Pvt Ltd has launched the world's first trastuzumab biosimilar, which will be marketed by Mylan under the brand name Hertraz Herceptin, a company statement said.
 
"Mylan is excited to offer Hertraz to the thousands of women in India suffering from metastatic breast cancer who are in need of a high quality, more affordable treatment option," Mylan CEO Heather Bresch said.
 

Also Read

Hertraz, which has been approved by the Drug Controller General of India, is indicated for the treatment of HER2- positive metastatic breast cancer and is available in two strengths, 440 mg and 150 mg.
 
"The launch of Hertraz not only represents a significant milestone in our biosimilars development programme with Biocon, but more importantly, supports our mission to expand access to high quality medicine around the world and demonstrates our progress against one of Mylans key future growth drivers," Bresch said.
 
Trastuzumab is one of the five products Mylan is developing in partnership with Biocon for the global markets.
 
Mylan has exclusive commercialization rights for biosimilar trastuzumab in the US, Canada, Japan, Australia, New Zealand and in the European Union and European Free Trade Association countries and co-exclusive commercialisation rights with Biocon for product in India.
 
According to IPSOS data, trastuzumab had sales of around USD 21 million (about Rs 131 crore) in India for the 12 months ended December 31, 2012. 
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 03 2014 | 9:03 PM IST

Next Story