Cipla Claims Pricing Advantage For Albuterol In US

Cipla, which expects to enter the US albuterol inhalation market later this year, believes that it has the cost competitiveness to price “significantly lower” than competition and take a “fair share” of a market that recently saw the arrival of authorized generics.

Lungs
CIPLA CLAIMS IT CAN PRICE SUBSTANTIALLY LOWER FOR ALBUTEROL IN US • Source: Shutterstock

After a strong fourth quarter, Cipla Ltd. has entered fiscal 2020 on an “optimistic note”, gearing for a ramp-up in markets like the US, where it hopes to introduce its first respiratory inhalation generic, albuterol, later this year.

The Indian firm has been expanding its respiratory franchise globally, and management commentary was upbeat on the prospects for its...

More from Business

More from Scrip

J&J Seeks Schizophrenia Relapse Indication For Caplyta

 

The company is expecting US FDA approval of the drug in a bigger indication, major depressive disorder, later this year.

Concentra Picks Up Cargo In Latest Troubled Biotech Buyout

 

The Kevin Tang-led firm will pay $4.38 per share for Cargo, which laid off most of its workforce following the failure of a Phase II CAR-T trial.

Venture Funding Plummets In Q2 As Mega-Rounds Falter

 
• By 

Evaluate’s second quarter data show that VC rounds of $100m or more totaled $2.36bn, down from $5.25bn in Q2 of 2024. Overall, the Q2 total dropped year-over-year to $4.92bn from $7.95bn.