Cipla slashes Indian price of generic Nexavar

Less than a month after India approved its first-ever compulsory licence in the area of medicines for Bayer's anticancer Nexavar (sorafenib tosylate), the domestic firm Cipla has slashed the price of its generic version of the drug by more than 75%.

Cipla's new price is over 20% lower than the comparable product price offered by Nexavar compulsory licence awardee Natco Pharma.

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