Natco Pharma Limited that the company received the approval from USFDA for REVLIMID By Mr. Yash Gupta, Angel Broking Ltd
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Below are Quote on Natco Pharma Limited that the company received the approval from USFDA for REVLIMID by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
Natco Pharma Limited announced that the company has received the final approval of its Abbreviated New Drug Application (ANDA) for Lenalidomide Capsules, 5mg, 1 Omg, 15mg, and 25mg strengths, from the U.S. Food and Drug Administration (FDA), and the tentative approval of the 2.5mg and 20mg strengths. NATCO, along with its marketing partner Arrow International Limited (a U.S. affiliate of Teva Pharmaceutical Industries Ltd), previously settled the Paragraph IV litigation related to the product with Celgene (now part of Bristol-Myers Squibb), who sells the product under the brand-name REVLIMID®. NATCO and Arrow shall launch the product on agreed-upon launch dates in the future.
This is a very positive development for the company, it is one of the significant launches to be done in future for the company.
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