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
- Enhancing revenue in urban India
- Web3 sector expected to create 2.2 million direct jobs in India in the next decade: Primus Partners
- India 2.0 at G20: A testament to vision and dedication
- FASTag rule change: Blacklisted accounts will have window of 60 minutes before and 10 minutes after crossing toll plaza for having smooth journey ahead
