"The subsidiary today has received final approval from the US Food and Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for generic version of Gleevec, imatinib mesylate tablets 100mg and 400mg," says the country's largest drug maker in its filing.
Venus Remedies will be initially manufacturing the drug at the Venus Medicine Research Centre, its research unit, for assisting Teva in registrations.
Compulsory licence is a tool through which developing countries like India can produce patented drugs, can allow companies to produce patented drugs in a much cheaper and affordable way.
The Supreme Court today stayed for a month a Delhi High Court order restraining pharma major Cipla from marketing its anti-cancer drug "Sunitinib."
There‘s another price war brewing in the anti-cancer drug market and patients have the Indian Patent Office to thank for it, reports Archana Shukla of CNBC-TV18.
Prostate cancer and other localised tumours can be effectively treated by a combination of heat and an anti-cancer drug that damages the genes, a new study has claimed.
By:Jose Madan, Khaitan & Co