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US Drug Shortages Aid Aurobindo’s Q4 Growth, Decentralized Trials On For Xolair Biosimilar

Generic Revlimid Launch In October

 
• By Vibha Ravi

Drug shortages, stable prices and a demand recovery in the US helped drive Aurobindo’s growth in Q4. Meanwhile, the company is developing a biosimilar to Roche/Novartis’s multi-billion product Xolair, as predicted by Scrip earlier. Use of decentralized mode for its Phase III trials is a notable aspect

Aurobindo Pharma Limited is conducting Phase III trials for a biosimilar to multi-billion immunology product Xolair (omalizumab), originally developed and sold by Roche Holding AG unit Genentech, Inc. and Novartis AG, CEO of Aurobindo’s biosimilars, vaccines and peptide businesses Satakarni Makkapati has revealed.

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