Shilpa Medicare has informed that the Company, via its wholly owned subsidiary, Shilpa Biologicals (SBPL), has received a NoC from RCGM, Dept of Biotechnology to approach the DCGI to conduct Clinical studies for its Biosimilar Aflibercept - a first from an Indian company. The product is a biosimilar version of EYLEA of Regeneron for which currently there is no other biosimilar version on the Indian market.
The above information is a part of company’s filings submitted to BSE.