In A Pre-emptive Strike, Cipla Slashes Prices Of Key Anti-cancer Drugs

The move to cut prices on anti-cancer drugs brings Cipla’s price on kidney cancer drug sorafenib lower than Natco’s price under the compulsory license awarded against Bayer.

MUMBAI – In what could potentially lead to a cascading price war, top Indian drug maker Cipla Ltd. said it will drastically slash prices of at least three key anti-cancer drugs, in particular cutting the price of its kidney cancer drug sorafenib by more than one-fourth.

The price tag on sorafenib was previously Rs. 27,950 per month ($528), and Cipla will cut the price to Rs....

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