Natco Pharma
Natco Pharma is an Indian multinational pharmaceutical company based in Hyderabad. The company manufactures finished dosage formulations, active [pharmaceutical ingredients] and agrochemical products. It is a major producer of branded oncology medicines cardiology, diabetology and other pharma specialty drugs at affordable prices.
History
- Natco Pharma was founded in 1981 by V C Nannapaneni
- In 1983, operations commenced at manufacturing facility at Nagarjunasagar, Telangana
- In 1986, the company's chemical division started at Mekaguda, Telangana
- In 2008, Natco Pharma filed its first paragraph IV filing in the US with the USFDA,
- In 2012, Natco Pharma obtained compulsory license to produce a cheaper and generic version of Bayer's anti-cancer medication Nexavar.
- In the United States, it launched influenza medication Tamiflu with marketing partner Alvogen, multiple sclerosis treatment drug glatiramer acetate in partnership with Mylan, and hepatitis C drugs under a licensing agreement with Gilead Sciences.
- In 2016, Natco Pharma launched the first Tamiflu capsule in the US market.
- In 2017, Natco Pharma launched a generic version of blood cancer drug Pomalidomide in the United States.
- In 2019, Natco Pharma initiated work on green-field manufacturing facilities for producing niche agrichemical products in Nellore district, Andhra Pradesh.
- In 2022, its Crop Health Sciences division launched chlorantraniliprole based products.
- Natco launched the first generic version of Multiple myeloma drug Revlimid in the US market