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Richter Heralds Xarelto Opportunity As Proof Generics Still Have Life

However, Recent Roll-Out Of Rivaroxaban Hamstrung By Bayer’s Legal Efforts

 
• By Dean Rudge

Hungarian leader Gedeon Richter spoke at length of its recent European roll-out of generic competition to Bayer’s Xarelto blockbuster, while also providing key updates for its biosimilar pipeline, as the firm reported financial first-half results.

opportunity
• Source: Shutterstock

“Those who saw no opportunity in generic small molecules have been, I think, proven wrong by the recent successes in some of these generic launches,” Gedeon Richter believes, as it championed the recent launch in European markets of its generic version of Bayer’s anticoagulant powerhouse Xarelto (rivaroxaban).

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More from Business

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• By Dave Wallace

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