Primus In News
Novartis Vymada patent revoked, generics set to slash prices by 70%
17-09-2025
Nilaya Varma, Co-founder and Group CEO, Primus Partners, highlighted that Vymada holds a significant presence in India, with annual sales of around ₹550 crore. The Indian Patent Office’s decision to revoke Novartis’ patent, citing lack of novelty and technical advancement, is set to reshape the ₹550 crore market. This move is expected to open the floodgates for generics, potentially reducing prices by over 70% and improving access for millions of cardiovascular patients across the country.
Explore Related Insights
- Social media addiction, sedentary habits eating into health, productivity potential: Economic Survey
- Cooking gas price hiked by Rs11.50 per cylinder as India starts to lose advantage of low oil prices
- Cabinet okays ₹10,738 crore PLI scheme for solar modules, white goods
- How Digital Payments Are Transforming the Indian Festive Season Shopping
