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    Rs 78,400 vs Rs 7,750 medicine: Novartis, Eli Lilly oppose bid to cut breast cancer drug prices in India

    Novartis and Eli Lilly have opposed a Kerala High Court petition seeking government intervention to make two breast cancer drugs cheaper, despite their India sales accounting for less than 0.5% of global revenues. Court submissions have highlighted development, clinical-trial and manufacturing costs against the medicines’ prices in India.

    Natco Pharma's partner MylanInc gets USFDA nod for cancer drug

    The company's marketing partner Mylan Inc has received a tentative approval from the United States Food and Drug Administration (USFDA).

    Natco Pharma's US partner Mylan files application with USFDA

    Natco Pharma's marketing partner Mylan Inc has filed an application with the US health regulator for generic Sorafenib tablets used mainly for treatment of liver and kidney cancers.

    Bayer challenges IPAB’s compulsory licence order to Natco Pharma on cancer drug Nexavar

    “We introduce the product after years of research and investment, while companies like Natco merely copy and manufacture the product,” said Ravi Kadam.

    'Company will continue to market and sell the drug post verdict. It sold Rs 14 crore worth of Nexavar drug in the past 9 months.'

    Bayer today said it will continue to defend its IP rights while expressing disappointment at the IPAB decision to reject the firm's plea to stay the compulsory license granted to Natco.

    The Economic Times
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