Archive · 30 Jun 2025

Alembic Pharmaceuticals Receives USFDA Nod for Cancer Drug

Alembic Pharmaceuticals Receives USFDA Nod for Cancer Drug

Alembic Pharmaceuticals got the green light from the US government to sell a generic version of a cancer drug.

This drug, Doxorubicin Hydrochloride Liposome injection, comes in two strengths and is used to treat different types of cancer like ovarian cancer and Kaposi's sarcoma.

It's the same as a similar drug already available but made by a different company.

The market for this type of drug is estimated to be worth around $29 million.

Sources