Dr Reddys receives USFDA approval for Lenalidomide Capsules

Dr Reddys receives USFDA approval for Lenalidomide Capsules

Oct 19, 2021 09:10 IST capital market

Dr Reddys Laboratories today announced the final approval of its Abbreviated New Drug Application (ANDA) for Lenalidomide Capsules, in 2.5 mg and 20 mg strengths, and tentative approval for 5 mg, 10 mg, 15 mg, and 25 mg strengths, a therapeutic equivalent generic version of REVLIMID? (lenalidomide) Capsules, from the U.S. Food and Drug Administration (USFDA). With this approval, Dr Reddys is eligible for 180 days of generic drug exclusivity for Lenalidomide Capsules, 2.5 mg and 20 mg.

In September 2020, Dr Reddys announced a settlement agreement of their litigation with Celgene, the maker of REVLIMID? (lenalidomide) Capsules and a wholly-owned subsidiary of Bristol Myers Squibb (NYSE: BMY), relating to patents for the branded drug.

In settlement of all outstanding claims in the litigation, Celgene agreed to provide Dr Reddys with a license to sell volume-limited amounts of generic lenalidomide capsules in the U.S. beginning on a confidential date after March 2022 subject to regulatory approval. The agreed-upon percentages remain confidential. As part of the settlement, Dr. Reddys is also licensed to sell generic lenalidomide capsules in the U.S. without volume limitation beginning on 31 January 2026.

Powered by Capital Market - Live News

Related Story

Open Free Demat Account (Rs699)
Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity