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India's SPARC Keeps Paclitaxel Ambition Burning For Now

May Exit Some Other Research Assets

Executive Summary

A US Complete Response Letter for SPARC’s paclitaxel product has cast a cloud over the project’s viability, but the company is still hopeful of an FDA approval by the fourth quarter of fiscal 2021. With the delay in commercialization, investment in some prioritized projects might also require external funding or even an exit from other research assets.

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