Natco Pharma signs agreement for manufacture and sale of hepatitis C drug

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Natco Pharma has signed a non-exclusive licensing agreement with the Medicines Patent Pool (MPP) and Bristol-Myers Squibb to manufacture and sell generic versions of Daclatasvir, used for the treatment of chronic hepatitis C.

Natco Pharma, in a BSE filing today said: “It has signed a non-exclusive, royalty free licensing agreement with the Medicines Patent Pool (MPP) and Bristol-Myers Squibb to manufacture and sell generic versions of Bristol—Myers Squibb’s chronic hepatitis C medicine — Daclatasvir Dihydrochloride (Daclatasvir).”

Daclatasvir, discovered and developed by Bristol-Myer Squibb, is the first-in-class NS5A inhibitor used in combination with Sofosbuvir to treat patients with chronic hepatitis C virus (HCV) genotype 3 infection.

“Compared to other treatment options, this combination not only increases the cure rate, but is also regarded as a valuable treatment option in some of the difficult-to-treat HCV patient subsets,” it said.

Natco said it will market the drug under its own brand NATDAC, and through its strategic partners in India.

Read more…http://www.thehindu.com/business/Industry/natco-pharma-signs-agreement-for-manufacture-and-sale-of-hepatitis-c-drug/article8133708.ece

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