Glenmark has announced a price reduction of 27% for FabiFlu. The new MRP is Rs 75 per tab from the earlier Rs 103 per tab. The price reduction has been made possible through benefits gained from higher yields and better scale, as both the API and formulations are made at Glenmark’s facilities in India, the benefits of which are being passed on to patients in the country. Glenmark Pharmaceuticals has also announced that it has commenced a Post Marketing Surveillance (PMS) study on FabiFlu to closely monitor the efficacy and safety of the drug in 1000 patients that are prescribed with the oral antiviral.
Mr. Alok Malik, Senior Vice-President & Head (India business), Glenmark Pharmaceuticals Ltd., said, Glenmark expects this post marketing surveillance study to shed more light on the drug’s clinical effectiveness and safety in a large cohort of patients prescribed with FabiFlu. Company’s internal research shows that it launched FabiFlu in India at the lowest market cost as compared to the cost of Favipiravir in other countries where it is approved. He hoped that this further price reduction will make it even more accessible for patients across the country.
