Aurobindo Pharma receives USFDA approval for Pemetrexed Injection
News: Aurobindo Pharma has received USFDA final approval to manufacture and market Pemetrexed for Injection, 100mg, 500mg and 1000mg (USRLD: Alimta for Injection of Eli Lilly). The approved product is indicated for the treatment of Antineoplastics and has an estimated market size of US$1272 million for the twelve months ending March 2022, according to IQVIA
Views: Pemetrexed is an onco-injectable with big market size and the launch offers a window to ramp up revenues from US, depending on market share gains and offset price erosion in US generics. US contributed 50% to FY21 sales to Aurobindo while company aspires to achieve global sales of US$600-700 million by FY24 from generic injectable
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