MoneyWorks4Me

Strides gets USFDA nod to market generic cancer injection

16 Nov 2011 Evaluate

Drug firm Strides Arcolab has received approval from the UShealth regulator to market a generic carboplatin injection for the treatment ofovarian cancer. Onco Therapies, a wholly-owned subsidiary of the company, hasreceived United States Food and Drug Administration (USFDA) approval forCarboplatin injections. The approval by the USFDAis for carboplatin injections in strengths of 10 mg/mL, packaged in 50 mg/5 mL,150 mg/15 mL, 450 mg/45 mL and 600 mg/60 mL multi-dose vials. Carboplatinis part of the oncology portfolio licensed to Pfizer in January, 2010, for theUS market and is expected to be launched shortly. Accordingto IMS data of June 11, the US market for generic carboplatin is worth nearly$35 million.

Peers
Company Name CMP
Sun Pharma. Inds. 1853.50
Dr. Reddys Labs. 1202.80
Cipla 1397.20
Lupin 2090.00
Zydus Lifesciences 1202.00
View more..