Zydus Lifesciences has partnered with MSN Laboratories to bring a generic version of the cancer drug Cabozantinib to the US market, aiming to provide affordable treatment options.
Photograph: Courtesy Zydus.
New Delhi, May 17 (PTI) Zydus Lifesciences Ltd on Friday announced an exclusive licensing and supply agreement with MSN Laboratories for generic cancer treatment drug Cabozantinib tablets, for the US market.
The company's wholly-owned subsidiary, Zydus Lifesciences Global FZE, has entered into an exclusive licensing and supply agreement with MSN Laboratories for Cabozantinib tablets for the US market, Zydus Lifesciences Ltd said in a regulatory filing.
Cabozantinib tablet is the generic version of CABOMETYX of Exelixis.
Under the agreement, MSN Laboratories will be in charge of manufacturing and supplying the generic version of CABOMETYX, following the receipt of regulatory approval, the company said.
Zydus will exclusively market, distribute, and sell the product in the US market, it added.
"MSN was a first sole ANDA (abbreviated new drug application) applicant for Cabozantinib tablets, to submit a substantially complete ANDA with a paragraph IV certification and therefore may be eligible for 180 days of generic drug exclusivity for the generic version of CABOMETYX, " Zydus Lifesciences said.
Commenting on the partnership, Zydus Lifesciences Managing Director Sharvil Patel said it underscores the company's commitment to provide patients with access to high-quality, affordable medications.
"Cabozantinib tablets are an important treatment option for many cancer patients, and we are pleased to work with MSN to bring the generic version of CABOMETYX to the US market," Patel added.
MSN Group Chairman & Founder Managing Director MSN Reddy said, bringing Cabozantinib tablets to market represents another example of MSN's global development, manufacturing, and regulatory expertise.
"We are confident that working with Zydus will allow us to successfully commercialise Cabozantinib, while advancing our mission of enabling access to high quality, affordable medicines," Reddy added.
Zydus Lifesciences said the total addressable market opportunity of Cabozantinib Tablets in the US is approximately USD 1,464 million as per IQVIA MAT March 2024 data.
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