Natco, Hetero get drug regulator's nod for Gilead's Hep-C drug

Hetero to price the medicine at Rs 19,900 a bottle of 28 tablets, will launch drug this month in India

BS Reporter Hyderabad
Last Updated : Mar 14 2015 | 12:05 AM IST
Natco Pharma Limited has received approval for the generic hepatitis C medicine sofosbuvir tablets of 400 mg from the Drugs Controller General-India (DCGI). The company would market the product through strategic partners in India, according to a press release. Natco had recently signed a non-exclusive licensing agreement with Gilead Sciences to manufacture and sell generic versions of its chronic hepatitis C medicines in 91 developing countries.

Meanwhile, Hetero Drugs, another pharmaceutical company based out of Hyderabad, also announced that it had received approval for generic sofosbuvir tablets, 400 mg, from the DCGI. Hetero too has a non-exclusive agreement with Gilead Sciences to manufacture and sell its hepatitis medicines. The company said it would price its generic medicine at Rs 19,900 for a bottle of 28 tablets and would launch the medicine this month in India and other countries soon. It has tied up with various other licensee holders to distribute the medicine in India.
*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: Mar 13 2015 | 8:48 PM IST

Next Story