Natco launches Hep C generic drug in Nepal

Our Bureau Updated - December 07, 2021 at 01:29 AM.

The Hyderabad-based company Natco Pharma had announced that it launched the first generic version of Sofosbuvir in Nepal under its brand Hepcinat.

Sofosbuvir is used for chronic Hepatitis C infection and sold globally by Gilead Sciences, under its brand Sovaldi.

Natco priced its generic medicine at an MRP of ₹19,900 for a bottle of 28 tablets in Nepal, according to a release.

“Natco hopes to launch the product in India soon subject to approval from the Drugs Controller General of India (DCGI),’’ the company said.

Natco had recently signed a non-exclusive licensing agreement with Gilead Sciences to manufacture and sell generic versions of its chronic Hepatitis C medicines in 91 developing countries.

Natco Pharma scrip gained 2.34 per cent on the Bombay Stock Exchange on Monday to close at ₹1,549.

Published on March 9, 2015 16:46