HEPATITIS C DRUG IN INDIA
Dr Reddy's Laboratories on Monday entered into an agreement with Hetero to
distribute and market generic version of US-firm Gilead Sciences' Hepatitis C
drug under the brand 'Resof' in India. "The company has entered into an
agreement with Hetero, under which Dr Reddy's has been licensed to distribute
and market Sofosbuvir 400 mg tablets indicated in treatment of chronic
Hepatitis C under the brand 'Resof' in India," the Hyderabad-based drug major
said in a BSE filing. Sofosbuvir is a medicine used for chronic Hepatitis C
infection and sold globally by Gilead Sciences Inc, under its brand Sovaldi
. Hetero had signed a non-exclusive agreement with Gilead Sciences to
manufacture and sell its Hepatitis medicines. "With the diagnosis rates for
Hepatitis C in India being abysmally low, Dr Reddy's will make a significant
difference in the diagnosis and treatment of this disease," the company said.
"The launch of Resof is in line with Dr Reddy's philosophy of innovative
medicine at a at an affordable price and will provide significant relief to
patients, resulting in potential cure and a high barrier to resistance at an
affordable price for those living with Hepatitis C," Dr Reddy's Laboratories
Co-Chairman and CEO G V Prasad said. Gilead Sciences also signed non-
exclusive licensing agreements with Zydus Cadila and Natco Pharma to
manufacture Sofosbuvir for distribution in 91 developing countries including
India. Earlier this month, Natco Pharma launched the drug in Nepal.
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