Nacto Pharma has received voluntary licence to manufacture the generic versions of US drug maker Gilead Sciences’ hepatitis C drug Sovaldi. This move leaves the company with one less hurdle to launch the drug in India.

Nacto had filed a pre-grant patent opposition for the drug with the patent office.

This agreement allows Natco to expand access to these chronic hepatitis C medicines in 91 developing countries. Under the licence, the company can set its own price for the generic products it produces, paying royalty on sales to Gilead to support product registrations, medical education and training, safety monitoring and other essential business activities.

Like

Dislike

Be a part of Elets Collaborative Initiatives. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook , connect with us on LinkedIn and follow us on Twitter , Instagram.