ICICI Direct: Intensifying Competition For Generic Revlimid - Cipla Impact

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ICICI Direct Report

Cipla Ltd. has announced the settlement of Revlimid (Lenalidomide) patent litigation with Celgene (Bristol Myers Squibb) in the U.S.

This makes Cipla the fourth player after Natco Pharma Ltd., Alvogen and Dr. Reddy’s Laboratories Ltd. to sign a settlement agreement with the innovator for gRevlimid.

Under the terms of the settlement, Celgene will provide Cipla with a license to sell generic volume-limited amounts of gRevlimid capsules in the U.S. sometime after March 2022 subject to regulatory approval.

This limited volume constraint will be applicable till January 2026.

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