Dr. Reddy's Receives Positive CHMP Opinion From EMA For Its Proposed Rituximab Biosimilar Candidate DRL_RI
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Dr. Reddy's Laboratories Ltd. (NYSE: RDY) has received a positive opinion from the European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP) for its proposed Rituximab biosimilar candidate DRL_RI. This recommendation is a significant step towards obtaining marketing authorization in the European Union and other European Economic Area member states.
July 29, 2024 | 3:56 pm
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Dr. Reddy's Laboratories Ltd. (NYSE: RDY) has received a positive opinion from the EMA's CHMP for its Rituximab biosimilar candidate DRL_RI. This is a crucial step towards obtaining marketing authorization in the EU and other EEA member states.
The positive CHMP opinion is a significant regulatory milestone for Dr. Reddy's, indicating a high likelihood of obtaining marketing authorization in the EU. This can potentially lead to increased revenues and market share in the European biosimilar market.
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