Cadila Launches First Cheaper Copy of Worlds Top-Selling Drug – NDTVProfit.com

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Drug maker Cadila Healthcare Ltd said on Tuesday it launched in India the first biosimilar version of the anti-inflammatory medicine adalimumab, the world’s top-selling drug, at a fifth of its US price.

The drug’s branded version is sold under the name Humira by US firm AbbVie Inc, and costs $1,000 for a vial in the United States. Humira had sales of $3.26 billion in the quarter ended September, accounting for 65 per cent of AbbVie’s total revenue.

A price of $200 a vial would still keep the drug out of reach for most people in India, where more than 70 per cent of the population lives on less than $2 a day and health insurance is scarce.

Read more – NDTVProfit.com

 

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December 9, 2014 |

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