Jul 12, 2012, 08.23 AM IST

Ranbaxy kicking biosimilars business into high gear

The chief executive of Ranbaxy Laboratories said the company will launch at least three new biosimilar medicines in India by 2015, mostly to treat cancer, and needs to develop such high-tech medicines to remain a serious player in the global generics business.

Source: Reuters
Share Share on Tumblr
Share  .  Email  .  Print  .  A+
Ranbaxy kicking biosimilars business into high gear
The chief executive of Ranbaxy Laboratories said the company will launch at least three new biosimilar medicines in India by 2015, mostly to treat cancer, and needs to develop such high-tech medicines to remain a serious player in the global generics business.


Arun Sawhney said Ranbaxy, which is majority owned by Japanese drugmaker Daiichi Sankyo, will introduce a cancer treatment in India next year and then follow up with launches of at least two other biosimilars in the same market over the following year or two.


Set email alert for

Action in Ranbaxy Laboratories
Best online resources for GMAT
As it happened: Death toll in U'khand at 150, likely to rise "As it happened: Death toll in U'khand at 150, likely to rise"

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

The latest earning numbers FIRST on CNBC-TV18
News Videos

Jun 19 2013, 23:15

Buy quality NBFCs with a shot at setting up a bank: Motilal

- in MARKET OUTLOOK

Jun 19 2013, 12:44

Weak rupee to benefit export oriented IT cos: Dipan Mehta

- in MARKET OUTLOOK