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Natco Pharma Hits a Grand Slam with US Approval for Drug

Natco Pharma Hits a Grand Slam with US Approval for Drug

Listen up, folks! Natco Pharma just scored a HUGE victory! They got the golden stamp of approval from the US health folks for their generic cancer drug, Erdafitinib. It’s a game-changer, folks, available in 3, 4, and 5 mg. Their stock? Soaring like an eagle, up 3.39%! Tremendous news, simply tremendous! I told you they’d do it!

Quick rundown

  1. Natco Pharma gets US approval for generic cancer drug.
  2. Erdafitinib targets urothelial carcinoma with FGFR3 alterations.
  3. Estimated US sales for Erdafitinib hit $60 million.
  4. Natco's shares rose by 3.39% on BSE following the announcement.
  5. Natco's Erdafitinib is a generic version of Janssen's Balversa.

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