Shilpa Medicare Ltd's finished dosage form manufacturing facility, Unit IV, situated at Pharma SEZ, Jadcherla, Telangana has received Health Canada GMP approval
Formulation revenue decreased by 7.6% YoY to Rs. 4,770 crore whereas in Q2 FY23, API business posted a growth of 24.2% YoY with revenue of Rs. 969.4 crore
Plans to double its manufacturing footprint to bolster the growth
RYALTRIS is a fixed-dose combination therapy that provides relief for the symptoms of SAR, both nasal and ocular, in one easy-to-use nasal spray
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Veda Corporate Advisors was the exclusive financial advisor to SHPL and its shareholders.
The approved product has an estimated market size of around US $62 million for the twelve months ending June 2022 according to IQVIA
Therapy recently approved in Canada under the brand name KORSUVA
The new subsidiary follows the recent announcement of Tetra's partnership with Cannvalate Pty Ltd for the performance of clinical trials of Tetra's drug candidates in Australia.
Abevmy follows the launch of the company’s two oncology biosimilars in Canada, Ogivri (bTrastuzumab) in 2019 – the first Trastuzumab approved in the country – and Fulphila (bPegfilgrastim), which was launched in 2020
Infigratinib is not FDA-, Health Canada- or Therapeutics Goods Association-approved for any other indication
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