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Ibrutinib tablet is the generic equivalent of Imbruvica tablet.
Natco and its co-development & marketing partner, Alvogen Pine Brook, USA, are assessing their option on the way forward, said the company.
Ibrutinib is in a class of medications called kinase inhibitors. It helps to stop the spread of cancer cells.
Natco Pharma is a vertically integrated and R&D focused pharmaceutical company engaged in developing, manufacturing and marketing of finished dosage formulations ("FDF") and active pharmaceutical ingredients ("APIs"). It markets and distributes products in over 40 countries.
On a consolidated basis, Natco Pharma reported 12.7% decline in net profit to Rs 320.40 crore despite of 14.6% increase in net sales to Rs 432.10 crore in Q2 FY23 over Q2 FY22.
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