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Lupin launches generic cancer drug in US

The company's product is a generic version of Baxter Healthcare Corporation's Doxil

August 29, 2024 / 16:27 IST
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    Pharma major Lupin on August 29 said it has launched a generic cancer treatment drug, Doxorubicin Hydrochloride Liposome injection, in single-dose vials, in the US market.

    The Mumbai-based drug maker introduced the product after its alliance partner, ForDoz Pharma Corporation, USA (ForDoz) received approval from the USFDA, Lupin said in a statement.

    The company's product is a generic version of Baxter Healthcare Corporation's Doxil, which is indicated for the treatment of ovarian cancer, acquired immune deficiency syndrome (AIDS)-related Kaposi’s Sarcoma, and multiple myeloma.

    ALSO READ: Lupin stock soars to 52-week high on strong all-round Q1 show

    As per the Iqvia MATdata, Doxorubicin Hydrochloride Liposome injection had an estimated annual sales of $40.9 million in the US.

    Lupin shares on Thursday ended 0.21 percent at Rs 2,195.20 apiece on the BSE.

    (With PTI inputs)

    first published: Aug 29, 2024 04:27 pm

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