Natco Pharma’s marketing partner -- Breckenridge Pharmaceutical Inc., has received final approval for its Abbreviated New Drug Application (ANDA) for Pomalidomide Capsules, from the U.S. Food and Drug Administration (USFDA). In addition, NATCO and Breckenridge have settled the patent litigation with Celgene (now part of Bristol-Myers Squibb) in the U.S. district court for this product.
Celgene, sells Pomalidomide Capsules under Brand name Pomalyst, in the USA market which is indicated for the treatment of patients suffering from multiple myeloma cancer. As per industry sales data, Pomalyst had annual sales of $957 million during the twelve months ending September 2020.
Natco Pharma was promoted as a private company to be in the business of research, developing, manufacturing and marketing of pharmaceutical substances and finished dosage forms for Indian and International markets.
