HomeNewsBusinessMarketsGlenmark cuts price of breast cancer drug in India

Glenmark cuts price of breast cancer drug in India

Trumab’s prices has been cut to Rs 35 per mg, making it the most affordable treatment option for HER2‐positive breast cancer in the country

June 15, 2023 / 15:34 IST
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Breast cancer is the most commonly diagnosed cancer in India, accounting for 13.5% of all cases

Pharma major Glenmark on June 15 said it cut the price of its breast cancer drug, Trumab, to Rs 35 per mg. The 440 mg vial will now cost Rs 15,749. Other brands in the market are priced between Rs 40,000 and Rs 54,000.

The product earlier cost around Rs 54,000. This price change reduces the price by 70 percent.

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“This will not only increase the accessibility, but also bring hope to over 75 percent of self‐paying HER2‐positive breast cancer patients in India,” said Alok Malik, Executive Vice President & Head of India Formulations, Glenmark Pharmaceuticals Ltd. in a press statement.

Breast cancer is the most commonly diagnosed cancer in India, accounting for 13.5 percent of all cancer cases. Almost 1.78 lakh new cases are diagnosed each year, according to Global Cancer Observatory's 2020 report. Globocan is an online database providing global cancer statistics.