Explore Business Standard
Associate Sponsors
Co-sponsor
NATCO Pharma on Tuesday announced the launch of generic Pomalidomide capsules indicated for treatment of adult patients with blood and bone marrow cancer in the US market in partnership with Breckenridge Pharmaceutical, Inc. Pomalidomide capsule is a generic version of Pomalyst by Celgene. The product is available in 1mg, 2mg, 3mg, and 4mg strengths and is distributed primarily through specialty pharmacies and clinics, NATCO Pharma said in a regulatory filing. Commenting on the launch, Vice Chairman and CEO Rajeev Nannapaneni said,"...this further strengthens our oncology and specialty portfolio in the US. The launch highlights our commitment to our mission of making specialty medicines accessible to all the patients worldwide." He further said,"We look forward to bringing more such complex and specialty products to the market in the coming years." Breckenridge Pharmaceutical, Inc President and Chief Commercial Officer, Brian Guy said,"Breckenridge's launch of Pomalidomide capsul
Drug firm Natco Pharma on Tuesday said it has received approval from the US health regulator for a generic cancer medication. The company has received tentative approval for Erdafitinib in strengths of 3 mg, 4mg, and 5 mg, the drug firm said in a regulatory filing. The company's product is a generic version of Janssen Biotech Inc's Balversa. Natco said Erdafitinib is indicated for the treatment of adult patients with locally advanced unresectable or metastatic urothelial carcinoma harbouring susceptible FGFR3 genetic alterations. As per the industry sales data, Erdafitinib tablets had estimated sales of around USD 60 million in the US for 12 months ending September 2025. Shares of Natco Pharma were trading 3.39 per cent up at Rs 851.45 apiece on BSE.
Natco Pharma Ltd on Friday reported a 23.44 per cent decline in consolidated net profit at Rs 517.9 crore in the second quarter ended September 30, 2025, impacted by higher R&D expenses and one-time employee bonus. The company had posted a consolidated net profit of Rs 676.5 crore in the same quarter of the previous fiscal, Natco Pharma said in a regulatory filing. Consolidated revenue from operations in the second quarter stood at Rs 1,363 crore, as against Rs 1,371.1 crore in the corresponding period last fiscal, it added. Total expenses in the quarter under review stood at Rs 849.3 crore, as compared to Rs 616.7 crore in the same period a year ago, the company said. During the quarter, the company incurred substantial R&D expenses on bioequivalence and one-time employee bonuses, in addition to other business-related provisions, Natco Pharma said. Formulations export revenue was lower at Rs 1,147 crore in the second quarter, compared to Rs 1,211.3 crore in the year-ago ...