
The company has a robust global footprint, with significant operations in the US (37% of global revenues, $891 million enterprise), Europe, Japan, Australia, and emerging markets like India, Brazil, Mexico, and South Africa. Its US subsidiary, Lupin Pharmaceuticals Inc., is the 4th largest generic player by prescriptions, leading in 46 of 140 marketed products. Lupin operates 15 state-of-the-art manufacturing facilities across India, the US, Brazil, and Mexico, and invests heavily in R&D, focusing on complex generics, biosimilars, and specialty drugs like inhalation and injectables. Strategic acquisitions, such as Medisol (France, 2023), Medquímica (Brazil, 2015), and Gavis/Novel (US, 2015), have bolstered its global reach and portfolio.
Lupin’s India business, contributing 34% of revenue, outperforms the market with a 3.4% share, driven by chronic therapies. The company emphasizes digital transformation, leveraging AI for innovation, and maintains a strong ESG framework. Despite challenges like regulatory hurdles (e.g., FDA warnings) and pricing pressures, Lupin has achieved double-digit growth, supported by a deep pipeline (154 ANDA filings pending FDA approval) and patient-centric initiatives like NovaShakti and Jeet. However, recent setbacks, such as the Myrbetriq patent litigation loss in 2025, pose risks. Lupin’s focus on innovation, affordability, and strategic expansion positions it for sustained growth in the global pharma landscape.
Latest News on Lupin
The sector is experiencing a transitional quarter, hindered by declining gRevlimid sales and the weight of GST impact on overall growth.
The pharmaceutical sector is expected to experience a soft quarter in Q2FY26, according to brokerages. This period is seen as a transition phase for the industry, with both positive and negative factors at play. On the positive side, several companies have shown promising developments. Lupin, for instance, is expected to benefit from its US launches, which should contribute to its growth. Divi’s, on the other hand, has seen strong traction in its Contract Development and Manufacturing Organization (CDMO) business, which is a promising area for the company. Additionally, Sun Pharmaceuticals and Torrent Pharmaceuticals are expected to post resilient growth in the Indian market, driven by their strong product portfolios and distribution networks.
However, there are also several concerns that are weighing on the sector. One of the key worries is the erosion of sales of Revlimid, a key drug for several pharmaceutical companies. This is expected to have a negative impact on the companies’ top lines. Another concern is the impact of the Goods and Services Tax (GST) on the sector, which has led to destocking in the trade channel. This is expected to affect the sales of pharmaceutical companies in the short term. Furthermore, pricing pressure remains a concern for the sector, as governments and regulatory bodies continue to push for lower prices. Finally, there are also risks related to US tariffs, which could affect the exports of Indian pharmaceutical companies to the US.
Overall, the Q2FY26 quarter is expected to be a challenging one for the pharmaceutical sector, with both positive and negative factors at play. While some companies are expected to benefit from their US launches, CDMO traction, and resilient India growth, others will be impacted by the erosion of key drug sales, GST-led destocking, pricing pressure, and US tariff risks. Brokerages are advising investors to be cautious and selective in their investments in the sector, focusing on companies with strong product portfolios, robust distribution networks, and a proven track record of navigating regulatory challenges. By doing so, investors can navigate the challenges of the transition phase and position themselves for potential growth in the long term.
Lupin announces plans to construct a new manufacturing facility in Coral Springs, Florida, as reported by Drug Store News.
Lupin, a pharmaceutical company, has announced plans to build a manufacturing facility in Coral Springs, Florida. The new facility will enable the company to expand its production capabilities and meet the growing demand for its products in the US market.
The manufacturing facility will be designed to produce a range of pharmaceutical products, including oral solids, liquids, and inhalation products. The facility will be equipped with state-of-the-art technology and equipment, ensuring compliance with regulatory requirements and adherence to the highest standards of quality.
The decision to build the facility in Coral Springs was driven by the city’s business-friendly environment, access to a skilled workforce, and proximity to major transportation hubs. The facility is expected to create new job opportunities in the area, both during the construction phase and once the facility is operational.
Lupin’s investment in the manufacturing facility is a significant milestone for the company, demonstrating its commitment to the US market and its confidence in the region’s potential for growth. The company expects the facility to play a critical role in its global supply chain, enabling it to better serve its customers and meet the evolving needs of the pharmaceutical industry.
The construction of the facility is expected to commence shortly, with completion anticipated within the next few years. Upon completion, the facility will undergo rigorous testing and validation to ensure compliance with regulatory requirements and Lupin’s quality standards.
The establishment of the manufacturing facility in Coral Springs is a testament to Lupin’s continued growth and expansion in the US market. The company has a strong presence in the country, with a range of products approved by the FDA, including medications for diabetes, cardiovascular disease, and respiratory disorders.
The new facility will enable Lupin to increase its production capacity, reduce lead times, and improve its supply chain efficiency. The company’s investment in the facility is expected to have a positive impact on the local economy, creating new job opportunities and stimulating economic growth in the region.
Overall, Lupin’s decision to build a manufacturing facility in Coral Springs, Florida, is a strategic move that will enable the company to strengthen its position in the US market, improve its operational efficiency, and better serve its customers. The facility is expected to play a critical role in the company’s global supply chain, supporting its continued growth and expansion in the pharmaceutical industry.
Lupin and Dassault Falcon Jet to bring 600 new employment opportunities to Florida.
Pharma firm Lupin and Dassault Falcon Jet are set to create 600 new jobs in Florida. Lupin, a global pharmaceutical company, is expanding its presence in the state with a new manufacturing facility. The company will invest $150 million in the project, which is expected to create 300 jobs. The facility will be used to manufacture generic medications, and it will be located in the city of Tampa.
Dassault Falcon Jet, a leading manufacturer of business jets, is also expanding its operations in Florida. The company is investing $35 million in a new completion center at the Tampa International Airport. The center will be used to customize and outfit business jets, and it will create 300 new jobs. The project is expected to be completed by 2026.
The creation of these new jobs is a significant boost to the Florida economy. The state has been actively working to attract new businesses and investments, and the expansions by Lupin and Dassault Falcon Jet are a testament to its efforts. The new jobs will not only provide employment opportunities for local residents but also contribute to the growth of the state’s economy.
The expansions by Lupin and Dassault Falcon Jet are also a reflection of the state’s business-friendly environment. Florida has been ranked as one of the top states for business in the country, thanks to its low taxes, streamlined regulations, and skilled workforce. The state’s proximity to major markets and its well-developed infrastructure also make it an attractive location for businesses.
The creation of new jobs in the pharmaceutical and aviation industries is also a significant development for the state’s economy. These industries are high-growth sectors that require skilled workers and offer good pay and benefits. The expansions by Lupin and Dassault Falcon Jet will help to diversify the state’s economy and provide new opportunities for local residents.
Overall, the expansions by Lupin and Dassault Falcon Jet are a significant boost to the Florida economy. The creation of 600 new jobs will provide employment opportunities for local residents and contribute to the growth of the state’s economy. The state’s business-friendly environment and skilled workforce make it an attractive location for businesses, and the expansions by these two companies are a testament to its efforts to attract new investments and jobs.
Lupin receives one observation from the USFDA for its Somerset facility
Lupin, a pharmaceutical company, has received one observation from the US Food and Drug Administration (USFDA) for its facility located in Somerset, New Jersey. The USFDA observation is a result of an inspection conducted by the regulatory agency, which identified a single issue that needs to be addressed by the company.
Although the specific details of the observation have not been disclosed, it is likely that the issue is related to the company’s manufacturing processes, quality control systems, or other aspects of its operations. The USFDA observation is not a formal warning, but rather a notification that the company needs to take corrective action to ensure compliance with regulatory requirements.
The receipt of a USFDA observation can have significant implications for a pharmaceutical company, as it can impact the company’s ability to manufacture and distribute its products in the US market. However, it is worth noting that a single observation is generally considered to be a relatively minor issue, and it is not uncommon for companies to receive observations during USFDA inspections.
Lupin has not commented on the specific details of the observation, but the company has stated that it is committed to addressing the issue and ensuring that its facility is in compliance with all regulatory requirements. The company will likely need to submit a corrective action plan to the USFDA, which will outline the steps it will take to address the observation and prevent similar issues from arising in the future.
The USFDA inspection and observation process is an important aspect of ensuring the quality and safety of pharmaceutical products in the US market. The agency conducts regular inspections of pharmaceutical manufacturing facilities to ensure that they are in compliance with regulatory requirements, such as good manufacturing practices (GMPs) and quality control systems.
In general, the USFDA inspection process involves a thorough review of a company’s manufacturing processes, quality control systems, and other aspects of its operations. The agency will typically conduct an on-site inspection of the facility, during which inspectors will review documents, observe manufacturing processes, and conduct interviews with company personnel. If any issues are identified during the inspection, the USFDA will issue an observation, which the company must address through a corrective action plan.
Lupin Pharmaceuticals is investing $250 million to construct a new manufacturing plant in Coral Springs, expected to create around 200 job opportunities.
Lupin Pharmaceuticals, a global pharmaceutical company, has announced plans to build a $250 million manufacturing plant in Coral Springs, Florida. The new facility is expected to create approximately 200 jobs in the area, providing a significant boost to the local economy.
The manufacturing plant will be used to produce a range of pharmaceutical products, including tablets, capsules, and injectables. The company has chosen Coral Springs for its strategic location, access to a skilled workforce, and favorable business environment.
Lupin Pharmaceuticals is a leading player in the global pharmaceutical industry, with a presence in over 100 countries worldwide. The company has a strong track record of innovation and has developed a number of groundbreaking medicines in areas such as diabetes, cardiovascular disease, and infectious diseases.
The new manufacturing plant in Coral Springs will be the company’s first facility in the United States, and will enable Lupin to expand its presence in the North American market. The plant is expected to be operational within the next few years, and will have the capacity to produce millions of doses of medicine per year.
The creation of 200 jobs at the new facility will have a positive impact on the local community, with many of the positions expected to be filled by skilled workers from the area. The company is committed to investing in the local workforce, and will be providing training and development opportunities to ensure that employees have the skills they need to succeed.
The announcement of the new manufacturing plant has been welcomed by local officials, who see it as a major boost to the economy. The plant is expected to generate significant revenue for the local area, and will help to establish Coral Springs as a major hub for the pharmaceutical industry.
Overall, the decision by Lupin Pharmaceuticals to build a new manufacturing plant in Coral Springs is a significant investment in the local community, and is expected to have a major impact on the area’s economy. The creation of 200 jobs and the generation of significant revenue will be a welcome boost to the local area, and will help to establish Coral Springs as a major player in the pharmaceutical industry.
It’s worth noting that the pharmaceutical industry is a significant sector in the US economy, and the addition of a new manufacturing plant will contribute to the growth of this sector. The plant will also contribute to the development of new medicines and treatments, which will have a positive impact on public health.
In conclusion, the announcement of the new manufacturing plant by Lupin Pharmaceuticals is a positive development for the local community, and is expected to have a major impact on the area’s economy. The creation of 200 jobs and the generation of significant revenue will be a welcome boost to the local area, and will help to establish Coral Springs as a major hub for the pharmaceutical industry.
Stock Market Updates for Lupin
Recent Updates
Lupin’s Pithampur Unit 2 facility receives USFDA’s Official Action Indicated (OAI) status.
Lupin, a pharmaceutical company, has recently received the USFDA OAI (Official Action Indicated) status for its Pithampur Unit 2 facility. The USFDA (United States Food and Drug Administration) is responsible for ensuring the safety and efficacy of drugs and medical devices in the United States.
The OAI status indicates that the facility has undergone an inspection by the USFDA and has been found to have certain deficiencies that need to be addressed. However, it does not necessarily mean that the facility is non-compliant or that its products are unsafe. Rather, it is an opportunity for the company to take corrective action and improve its processes to meet the regulatory requirements.
The Pithampur Unit 2 facility is one of Lupin’s manufacturing sites, and it is used to produce a range of pharmaceutical products. The facility has undergone several inspections by regulatory agencies in the past, and this latest development is a significant step towards ensuring that the products manufactured at this site meet the highest standards of quality and safety.
Receiving the OAI status can have both positive and negative implications for Lupin. On the one hand, it provides an opportunity for the company to identify and address areas for improvement, which can ultimately lead to better quality products and increased customer satisfaction. On the other hand, it may also lead to delays in the approval of new products or the shipment of existing products, which can impact the company’s revenue and profitability.
It’s worth noting that the USFDA inspection process is rigorous and thorough, and the agency uses a risk-based approach to prioritize inspections. The fact that Lupin’s Pithampur Unit 2 facility has received the OAI status suggests that the USFDA has identified some areas that require attention, but it does not necessarily mean that the facility is non-compliant.
In conclusion, Lupin’s receipt of the USFDA OAI status for its Pithampur Unit 2 facility is an important development that highlights the company’s commitment to quality and safety. While it may present some challenges, it also provides an opportunity for the company to improve its processes and ensure that its products meet the highest standards of quality and safety. As a leading pharmaceutical company, Lupin is expected to take corrective action and address the deficiencies identified by the USFDA, and it is likely that the company will work closely with the agency to resolve any issues and ensure that its products continue to meet the regulatory requirements.
The OAI status is not a final determination, and the company will have the opportunity to respond to the USFDA’s findings and implement corrective actions. The USFDA will then re-inspect the facility to ensure that the necessary corrections have been made. Lupin’s ability to address the deficiencies and improve its processes will be critical in determining the outcome of the inspection and the future of its Pithampur Unit 2 facility.
Rajendra Chunodkar, President of Manufacturing Operations, has announced his retirement.
Lupin, a pharmaceutical company, has announced the retirement of its Manufacturing Operations President, Rajendra Chunodkar. As a key member of the company’s leadership team, Chunodkar has played a crucial role in overseeing the manufacturing operations of the organization.
With his retirement, Lupin will be undergoing a change in its leadership structure. The company has not yet announced who will be replacing Chunodkar as the President of Manufacturing Operations. It is expected that the new leader will bring fresh perspectives and ideas to the role, and will be responsible for driving the company’s manufacturing strategy forward.
Chunodkar’s retirement marks the end of an era for Lupin, as he has been an integral part of the company’s growth and success. During his tenure, he has been instrumental in implementing various initiatives aimed at improving the efficiency and productivity of the company’s manufacturing operations. His expertise and experience have been invaluable to the organization, and he will be missed by his colleagues and peers.
The retirement of Chunodkar also presents an opportunity for Lupin to reassess its manufacturing operations and identify areas for improvement. The company may consider implementing new technologies, processes, and systems to enhance its manufacturing capabilities and stay competitive in the pharmaceutical industry.
As Lupin moves forward, it will be important for the company to maintain its focus on quality, innovation, and customer satisfaction. The company’s manufacturing operations are a critical component of its overall success, and it will be essential to ensure that the transition to new leadership is seamless and does not disrupt the company’s operations.
In recent years, Lupin has been expanding its global presence and diversifying its product portfolio. The company has also been investing in research and development, with a focus on developing new and innovative medicines. With a strong foundation in place, Lupin is well-positioned for continued growth and success in the pharmaceutical industry.
Overall, the retirement of Rajendra Chunodkar marks a significant change for Lupin, but the company is well-equipped to navigate this transition and continue to thrive in the pharmaceutical industry. As the company looks to the future, it will be important to build on the successes of the past while embracing new opportunities and challenges.
Lupin’s €190m acquisition of VISUfarma supports US de-risking efforts and strengthens its specialty business.
Lupin, a global pharmaceutical company, has recently announced a significant deal with VISUfarma, a European-based ophthalmic company, worth €190 million. This acquisition is expected to play a crucial role in Lupin’s strategy to de-risk its US business and bolster its specialty business segment.
The VISUfarma deal will enable Lupin to expand its presence in the European ophthalmic market, which is a high-growth area. VISUfarma has a strong portfolio of ophthalmic products, including prescription and over-the-counter (OTC) medications, which will complement Lupin’s existing offerings. The acquisition will also provide Lupin with access to VISUfarma’s manufacturing facilities and research and development (R&D) capabilities.
In terms of de-risking its US business, the VISUfarma deal will help Lupin reduce its dependence on the highly competitive and regulated US market. The US market has been a significant contributor to Lupin’s revenues, but it has also been a source of volatility due to factors such as pricing pressure and regulatory challenges. By expanding its presence in Europe through the VISUfarma acquisition, Lupin will be able to diversify its revenue streams and reduce its exposure to US market risks.
The VISUfarma deal will also boost Lupin’s specialty business segment, which is a key area of focus for the company. Lupin has been actively pursuing opportunities to expand its specialty business, which includes high-value, niche products that are less susceptible to competition from generic manufacturers. The VISUfarma acquisition will add a new dimension to Lupin’s specialty business, enabling the company to offer a wider range of ophthalmic products to customers in Europe and other markets.
Overall, the VISUfarma deal is a strategic move by Lupin to de-risk its US business, expand its presence in Europe, and bolster its specialty business segment. The acquisition is expected to contribute to Lupin’s long-term growth and profitability, and it demonstrates the company’s commitment to pursuing opportunities that align with its strategic objectives. With the VISUfarma deal, Lupin is well-positioned to navigate the challenges of the global pharmaceutical market and capitalize on emerging opportunities in the ophthalmic segment.
China’s reduction in import duties helps alleviate the impact of US tariffs on India’s pharmaceutical industry.
The Indian pharmaceutical industry is facing a complex global trade landscape, with contrasting developments in China and the US. China has reduced import duties on Indian pharma products by 30%, effectively enabling near-zero-cost access, providing a significant growth opportunity in a key Asian market. On the other hand, the US has announced a 100% tariff on imported branded and patented drugs, effective October 2025, which will put pressure on Indian companies reliant on US sales.
Companies such as Aurobindo Pharma, Lupin, and Sun Pharma have high US revenue exposure, making them vulnerable to the tariff. Aurobindo Pharma has a 46.7% exposure, Lupin has 35.8%, and Sun Pharma has 32.7%. In contrast, companies like Cipla, with a 14.1% exposure, are relatively insulated due to their focus on generics.
The US tariff primarily targets branded and patented drugs, which may exempt generics. However, the uncertainty surrounding the tariff’s scope and impact on generics can impede strategic planning and operational continuity. China’s reduced import duties, on the other hand, significantly improve the cost competitiveness of Indian exports, offering a valuable alternative market to mitigate US exposure.
To navigate this complex landscape, Indian pharmaceutical companies should consider strategic adjustments, such as portfolio segmentation, market diversification, and capex and manufacturing strategy. They should distinguish between US tariff-sensitive products and less vulnerable categories, expand their footprint in China and other Asian markets, and consider US production facilities to gain tariff exemptions.
Companies can leverage China’s favorable policies to diversify revenue streams, enhance margins, and mitigate geopolitical trade risks. Continuous monitoring of policy developments, revenue allocations, and strategic investments will be critical for Indian pharma to sustain global competitiveness in this dynamic landscape. By doing so, Indian pharmaceutical exporters can capitalize on growth opportunities in China and other markets, while minimizing the impact of the US tariff on their business.
Lupin’s Pune Biotech facility receives 4 observations from the U.S. FDA.
The U.S. Food and Drug Administration (FDA) recently conducted an inspection at Lupin’s biotech facility in Pune, India. The inspection, which took place from September 8-19, 2025, was a product-specific pre-approval inspection. As a result of the inspection, the FDA issued four observations to the company.
Lupin, a generic drugmaker, has stated that it will address the observations and respond to the FDA within the stipulated timeframe. The company made this announcement in a filing on September 20, 2025. While the specific details of the observations have not been disclosed, the fact that the FDA issued four observations indicates that there are some issues that need to be resolved before the facility can receive approval for the production of certain products.
The FDA’s inspection and subsequent observations are a standard part of the regulatory process for pharmaceutical companies. The agency’s primary concern is ensuring the safety and efficacy of drugs, and it conducts regular inspections to ensure that manufacturers are complying with regulations and guidelines.
Lupin’s biotech facility in Pune is one of the company’s key manufacturing sites, and the outcome of the FDA’s inspection could have significant implications for the company’s business. If the issues raised by the FDA are not addressed, it could potentially delay or prevent the approval of certain products, which could impact the company’s revenue and growth prospects.
However, it’s worth noting that receiving observations from the FDA is not uncommon, and many companies are able to address the issues raised and receive approval for their products. Lupin has stated that it will respond to the FDA’s observations, and it’s likely that the company will work to resolve the issues as quickly as possible. The company’s ability to address the FDA’s concerns and receive approval for its products will be closely watched by investors and industry analysts in the coming months. Overall, the FDA’s inspection and observations are an important part of the regulatory process, and Lupin’s response will be critical in determining the outcome for the company.
Lupin receives US FDA nod for generic Lenalidomide Capsules, reports The Indian EYE
Lupin Ltd, a global pharmaceutical company, has received approval from the United States Food and Drug Administration (US FDA) for its Abbreviated New Drug Application (ANDA) for Lenalidomide Capsules. The approved capsules are available in strengths of 2.5 mg to 25 mg and are used to treat adult patients with Multiple Myeloma, a type of blood cancer, in combination with dexamethasone. The capsules will be manufactured at Lupin’s Pithampur facility in India.
This approval is significant, as the estimated annual sales of Lenalidomide Capsules in the United States are around $7,511 million. Lupin is a leading player in the pharmaceutical industry, with a strong presence in over 100 markets worldwide. The company specializes in a range of pharmaceutical products, including branded and generic formulations, complex generics, biotechnology products, and active pharmaceutical ingredients.
With a dedicated workforce of over 24,000 personnel, Lupin has a strong position in both India and the US, excelling in multiple therapy areas such as respiratory, cardiovascular, anti-diabetic, anti-infective, gastrointestinal, central nervous system, and women’s health. The company has 15 state-of-the-art manufacturing sites and seven research centers across the world, demonstrating its commitment to innovation and quality.
The approval of Lenalidomide Capsules is a testament to Lupin’s capabilities in developing and manufacturing complex generic products. The company’s strong research and development capabilities, combined with its global manufacturing footprint, enable it to bring high-quality products to patients worldwide. With this approval, Lupin is well-positioned to capitalize on the growing demand for generic pharmaceuticals in the US market.
Overall, the approval of Lenalidomide Capsules is a significant milestone for Lupin, demonstrating its ability to develop and manufacture complex generic products that meet the stringent regulatory standards of the US FDA. The company’s commitment to innovation, quality, and patient care is evident in its continued investments in research and development, manufacturing, and global expansion.
US FDA Grants Approval to Lupin for Generic Version of Lenalidomide Capsules
Lupin Ltd, a global pharmaceutical company, has received approval from the US Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for Lenalidomide Capsules. The capsules, which will be manufactured at Lupin’s Pithampur facility in India, are indicated for the treatment of adult patients with multiple myeloma, transfusion-dependent anemia, and other related conditions. The FDA approval is a significant milestone for Lupin, as Lenalidomide Capsules had estimated annual sales of $7,511 million in the United States.
Lupin Ltd is a Mumbai-based company with a strong presence in over 100 markets worldwide. The company specializes in a range of pharmaceutical products, including branded and generic formulations, complex generics, biotechnology products, and active pharmaceutical ingredients. Lupin has a significant presence in India and the US, with a focus on multiple therapy areas such as respiratory, cardiovascular, and women’s health.
The company has a robust infrastructure, with 15 state-of-the-art manufacturing sites and seven research centers globally. Lupin also has a dedicated workforce of over 24,000 professionals and several subsidiaries, including Lupin Diagnostics, Lupin Digital Health, and Lupin Manufacturing Solutions. This is not the first FDA approval for Lupin, as the company received approval for its generic ‘Minzoya’ tablets last year. The Minzoya tablets are used to prevent pregnancy and are a generic equivalent of Balcoltra tablets.
The FDA approval for Lenalidomide Capsules is a testament to Lupin’s commitment to providing high-quality and affordable pharmaceutical products to patients worldwide. The company’s Pithampur facility in India, where the capsules will be manufactured, is a key part of Lupin’s global manufacturing network. With this approval, Lupin is well-positioned to expand its presence in the US market and provide patients with access to affordable and effective treatments for multiple myeloma and other related conditions. Overall, the FDA approval is a significant achievement for Lupin and reflects the company’s ongoing efforts to develop and market high-quality pharmaceutical products.
Prominent pharmaceutical companies such as Sun Pharma, Cipla, Dr Reddy’s, Zydus Lifesciences, Divi’s Labs, and Torrent Pharma are navigating the complexities of the pharma value chain.
The pharmaceutical industry is complex, with various segments such as innovator products, generics, branded generics, and API. Indian companies are making headway globally, and understanding the industry’s intricacies is crucial for those seeking opportunities. Innovator companies undertake significant risks, with only 8 out of 100 molecules crossing the finish line, and patent protection is the incentive for undertaking this risk. Roche, a leading innovator, reported a 30% PAT margin in FY24, with R&D expenses at 20% of sales.
Indian pharma is sustained by generics, but companies like Sun Pharma and Glenmark Pharma are making modest beginnings in innovation. Sun Pharma’s innovative medicine segment has 11 products, including Ilumya, which reported sales of $680 million in FY25. Glenmark Pharma’s Ichnos Glenmark Innovation (IGI) recently entered a licensing agreement with AbbVie for its ISB 2001, receiving $700 million in milestone payments.
The generics business is dependent on the level of competition, with prices declining sharply as the number of competitors increases. Branded generics, however, offer higher value, with companies like Mankind Pharma and Torrent Pharma generating significant revenues from their branded portfolios. Complex generics, such as Lupin’s generic Spiriva, hold a value proposition in regulated markets, with strong revenue streams and above-average margins.
Biosimilars are a growing segment, with companies like Biocon developing portfolios. The biosimilar approval process involves clinical trials, increasing the cost of development to $200-300 million. CRDMO (contract research and development and manufacturing outsourcing) is another emerging segment, with companies like Divi’s Labs and Anthem Biosciences securing a portion of the innovators’ drug development process.
The API business is largely commoditized, with prices dependent on tonnage. However, high-potent APIs and complex manufacturing processes can fetch higher margins. India has focused on API development with its PLI schemes, and companies like Aurobindo Pharma are establishing API facilities.
For investors, a strong branded generic base supplemented by a wide innovator portfolio is essential for trail-blazing growth. Complex generics and CRDMO are emerging sectors, with China+1 and the US Biosecure Act providing tailwinds. The right mix of business segments and prospects is crucial for growth, and understanding the industry’s intricacies is essential for those seeking opportunities in the pharmaceutical sector.
Key takeaways include:
* Innovator companies undertake significant risks, but patent protection provides an incentive.
* Indian pharma is sustained by generics, but companies are making modest beginnings in innovation.
* Branded generics offer higher value, with companies generating significant revenues from their branded portfolios.
* Complex generics hold a value proposition in regulated markets, with strong revenue streams and above-average margins.
* Biosimilars are a growing segment, with companies developing portfolios.
* CRDMO is an emerging segment, with companies securing a portion of the innovators’ drug development process.
* The API business is largely commoditized, but high-potent APIs and complex manufacturing processes can fetch higher margins.
Sun Pharma and Lupin are developing an anti-obesity oral medication to reduce costs and cater to those hesitant about injections.
The Indian pharmaceutical companies, Sun Pharma and Lupin, are developing oral semaglutide pills to address obesity and injection aversion. Currently, leading anti-obesity drugs like Mounjaro and Wegovy are available in injectable form, limiting accessibility and patient comfort. The Drugs Controller General of India (DCGI) has given Sun Pharma permission for a large-scale clinical trial to test its semaglutide tablets, while Lupin has received the green light for its bioequivalence study.
Obesity is becoming a significant public health challenge in India, with a projected 450 million overweight and obese adults by 2050. Experts believe that the injectable form of semaglutide is more effective for weight loss, but the oral variant could improve accessibility and patient comfort. Other Indian companies, such as Dr. Reddy’s Laboratories Ltd, Cipla Ltd, and Mankind Pharma, are also developing generic versions of semaglutide.
The development of these anti-obesity drugs is significant, and experts urge strict medical supervision and caution against misuse. Dr. Balram Bhargava, former director general of the Indian Council of Medical Research (ICMR), said that these drugs are “wonder drugs and novel inventions” but should be used under strict medical supervision. He added that irrational use of these drugs could have serious consequences and that they are suitable as a second line of treatment for individuals who are obese and diabetic.
The key takeaways from this development are:
1. Sun Pharma and Lupin are developing oral semaglutide pills to address obesity and injection aversion.
2. Regulatory approvals have been granted for Phase III trials and bioequivalence studies.
3. India faces an obesity burden of 450 million adults by 2050.
4. Experts urge strict medical supervision and caution against misuse.
5. Generic versions may flood the market next year, reshaping affordability and access.
Overall, the development of oral semaglutide pills and the upcoming availability of generic versions could significantly impact the treatment of obesity in India. However, it is crucial to ensure that these drugs are used responsibly and under strict medical supervision to avoid misuse and potential consequences.
Lupin’s Aurangabad facility receives two observations from the US Food and Drug Administration.
Lupin, a pharmaceutical company, has received two observations from the US Food and Drug Administration (USFDA) for its Aurangabad facility. The observations were made during a recent inspection of the facility, which is located in Maharashtra, India.
The USFDA conducts regular inspections of pharmaceutical facilities to ensure compliance with current good manufacturing practices (cGMP) regulations. These regulations are in place to ensure the quality, safety, and efficacy of drugs manufactured for the US market. During an inspection, the USFDA may issue observations, also known as Form 483 observations, if it identifies any deviations from cGMP regulations.
The two observations issued to Lupin’s Aurangabad facility are related to specific aspects of its manufacturing operations. Although the exact nature of the observations has not been disclosed, they are likely related to issues such as equipment calibration, cleaning and sanitation, or documentation practices.
Receiving observations from the USFDA can have significant implications for a pharmaceutical company. If the observations are not addressed promptly and effectively, the company may face regulatory action, including a warning letter or even a import ban.
Lupin has stated that it is taking the observations seriously and is working to address the issues identified by the USFDA. The company has a robust corrective action plan in place, which includes corrective and preventive actions to ensure compliance with cGMP regulations. Lupin is committed to maintaining the highest standards of quality and compliance at all its facilities, including the Aurangabad facility.
The receipt of USFDA observations is not uncommon in the pharmaceutical industry, and many companies receive observations during inspections. What is important is how the company responds to the observations and takes corrective action to prevent similar issues from arising in the future.
In this case, Lupin’s prompt response and commitment to addressing the observations demonstrate its dedication to quality and compliance. The company will likely work closely with the USFDA to ensure that all issues are resolved and that its Aurangabad facility is compliant with cGMP regulations.
Overall, the receipt of USFDA observations for Lupin’s Aurangabad facility highlights the importance of maintaining high standards of quality and compliance in the pharmaceutical industry. By addressing the observations promptly and effectively, Lupin can ensure the continued quality and safety of its products and maintain its reputation as a trusted pharmaceutical company.
Market Outlook for Generic Drugs in Saudi Arabia 2025-2033: Key Players Include Teva, Viatris, Sandoz, Sun Pharma, Cipla, Aurobindo Pharma, Lupin, Hikma Pharma, STADA Arzneimittel, and Dr. Reddy’s Labs.
The Saudi Arabia Generic Drugs Market is expected to grow significantly, reaching US$ 8.11 billion by 2033, with a Compound Annual Growth Rate (CAGR) of 8.02% from 2025 to 2033. This growth is attributed to increased healthcare needs, government efforts to reduce pharmaceutical expenditure, and growing awareness of cost-effective alternatives. The market is also driven by local manufacturing and government support for generics.
The demand for generic medications in Saudi Arabia is increasing rapidly, driven by the government’s attempts to reduce reliance on imported branded medicines and lower healthcare spending. The Saudi Food and Drug Authority (SFDA) has simplified the process of generic approvals, encouraging local and foreign manufacturers to increase their generic offerings.
Key growth drivers in the Saudi Arabia Generic Drugs Market include government support and cost containment initiatives, increasing incidence of chronic diseases, and growing local production capability. The government has focused on making healthcare more affordable through greater generic drug promotion, and initiatives such as the “Procedure to deal with patents when registering generic products in SFDA” have been introduced to facilitate the growth of the generic drug market.
However, the market also faces challenges, including public perception and brand loyalty, as well as regulatory and quality control complexity. Despite these challenges, the market is expected to continue growing, driven by the increasing demand for cost-effective generic drugs.
The report provides an in-depth analysis of the Saudi Arabia Generic Drugs Market, including market trends, forecast, and key players analysis. The market is segmented by type, route of administration, therapeutic area, distribution channel, and region. Key players in the market include Teva Pharmaceutical Industries Ltd., Viatris Inc., Sandoz Group AG, and Sun Pharmaceutical Industries Ltd.
The report also highlights the growing trend of online generic drugs in Saudi Arabia, with digital platforms and e-pharmacies facilitating easier price comparisons and prescription-based generics ordering for consumers. The online generic drug segment is expected to receive robust traction, particularly in urban regions such as Riyadh and Jeddah.
In terms of therapeutic areas, the report highlights the growing demand for generic drugs in areas such as respiratory, oncology, and infectious diseases. The report also provides an analysis of the regulatory framework of generic drugs in Saudi Arabia, including the role of the SFDA and the challenges faced by manufacturers in complying with regulatory requirements.
Overall, the Saudi Arabia Generic Drugs Market is expected to continue growing, driven by government support, increasing demand for cost-effective generic drugs, and growing local production capability. The report provides a comprehensive analysis of the market, including key trends, challenges, and opportunities, and is a valuable resource for companies looking to enter or expand their presence in the Saudi Arabian generic drugs market.
Pharma’s quest for expansion: Reaching out to the consumer’s doorstep
Several Indian pharmaceutical companies, including Cipla, Glenmark, Lupin, and Mankind Pharma, have demerged their consumer healthcare businesses to focus on growth and expansion. This trend is also being seen globally, with companies like GlaxoSmithKline, Johnson and Johnson, and Sanofi separating their consumer healthcare divisions. The rationale behind this strategy is to create a separate entity that can operate with a more agile and fast-moving consumer goods (FMCG) mindset, allowing for more focused marketing and advertising efforts.
According to Rajeev Juneja, Vice Chairman and Managing Director of Mankind Pharma, the company’s objective was to create a separate division for its over-the-counter (OTC) brands, which require a different environment, culture, and talent compared to prescription brands. The company had previously run its OTC business like its prescription business, but found that it was not effective. Juneja explains that some prescription brands can be transitioned to the consumer healthcare business within the regulatory framework, but everything should be different, including management, to stay focused and agile.
Subhakanta Bal, Managing Director and Head of Healthcare and Consumer at Rothschild & Co, notes that there are commonalities between consumer healthcare and the core prescription-driven business, but also differences. For example, consumer healthcare requires a more FMCG-like mindset, with a focus on marketing and advertising to drive sales. Bal observes that pharma companies often bring in FMCG veterans to run their consumer healthcare divisions, and that a separate entity can be more “fit for purpose”.
The pursuit of growth is the key reason behind the consumer healthcare demerging trend, according to Vishal Manchanda, Senior Vice-President at Systematix Group. Pharma companies are developing a second platform for growth, given the challenges in the domestic branded business and global uncertainties. However, it’s not an easy task, with intense competition from store-owned brands and pressure on prices.
The demerging of consumer healthcare businesses is expected to lead to better value realization, potentially through listing, as FMCG businesses in India trade at a higher value than domestic formulation businesses. Internationally, big pharma companies have separated or exited consumer healthcare to focus on innovation, but in India, the trend is driven by the need for right managerial talent, marketing, and advertising to ensure success. As the Indian pharmaceutical industry continues to evolve, the demerging of consumer healthcare businesses is likely to be a key strategy for growth and expansion.
Global Digoxin Industry Analysis: An In-Depth Report Featuring Key Players Such as Pfizer, Novartis, and Mylan
The Global Digoxin Market study, recently introduced by HTF MI, provides a comprehensive overview of the product and industry scope, as well as an in-depth analysis of the market outlook and status from 2025 to 2031. The market is segmented by key regions, including North America, South America, Europe, Asia Pacific, and the Middle East and Africa.
The global Digoxin market was valued at USD 1.5 billion in 2024 and is expected to reach USD 2.4 billion by 2031, with a Compound Annual Growth Rate (CAGR) of 6.1% from 2025 to 2031. The market is driven by the increasing prevalence of heart conditions, such as atrial fibrillation and congestive heart failure, particularly in aging populations. Technological advancements in cardiac monitoring and diagnostics have also enabled more precise dosage and monitoring of digoxin.
The major companies operating in the Digoxin market include Pfizer Inc., Merck & Co., Inc., Cipla Limited, F. Hoffmann-La Roche Ltd., Abbott Laboratories, Novartis AG, Mylan N.V., Teva Pharmaceutical Industries Ltd., Dr. Reddy’s Laboratories Ltd., and Lupin Limited.
The market is segmented by application (tablet product and injection product) and by type (purity above 98% and purity below 98%). North America is the dominating region, while Asia-Pacific is the fastest-growing region. The market is expected to grow due to the increasing demand for digoxin in emerging markets, investments in healthcare infrastructure, and the development of digital health tools for drug monitoring and adherence.
However, the market is also restrained by the availability of alternative treatments, adverse drug reactions, and stringent regulatory guidelines. The major challenges facing the market include side effects, such as digoxin toxicity, and complex interactions with other medications.
The report provides an in-depth analysis of the market, including a five-forces analysis and a PESTLE analysis, which examines the political, economic, social, technological, legal, and environmental factors affecting the market. The report also provides a detailed analysis of the market segmentation, competitive analysis, and market structure and worth analysis.
Overall, the Global Digoxin Market study provides a comprehensive overview of the market, including its drivers, restraints, challenges, and opportunities. The report is an essential resource for companies operating in the Digoxin market, as well as for investors, researchers, and policymakers.
Key Takeaways:
– The global Digoxin market is expected to reach USD 2.4 billion by 2031, with a CAGR of 6.1% from 2025 to 2031.
– The market is driven by the increasing prevalence of heart conditions and technological advancements in cardiac monitoring and diagnostics.
– North America is the dominating region, while Asia-Pacific is the fastest-growing region.
– The market is restrained by the availability of alternative treatments, adverse drug reactions, and stringent regulatory guidelines.
– The report provides an in-depth analysis of the market, including a five-forces analysis and a PESTLE analysis.
Market Size:
– Global Digoxin market size was valued at USD 1.5 billion in 2024.
– Expected to reach USD 2.4 billion by 2031.
– CAGR of 6.1% from 2025 to 2031.
Segmentation:
– By Application: Tablet product and injection product.
– By Type: Purity above 98% and purity below 98%.
– By Geography: North America, South America, Europe, Asia Pacific, and the Middle East and Africa.
Key Players:
– Pfizer Inc.
– Merck & Co., Inc.
– Cipla Limited
– F. Hoffmann-La Roche Ltd.
– Abbott Laboratories
– Novartis AG
– Mylan N.V.
– Teva Pharmaceutical Industries Ltd.
– Dr. Reddy’s Laboratories Ltd.
– Lupin Limited.
Regional Analysis:
– North America
– South America
– Europe
– Asia Pacific
– Middle East and Africa.
The five forces analysis includes:
– Bargaining power of buyers
– Bargaining power of suppliers
– Threat of new entrants
– Threat of substitutes
– Threat of rivalry.
The PESTLE analysis includes:
– Political
– Economic
– Social
– Technological
– Legal
!- Environmental.
Lupin Splits Off Its Consumer Healthcare Business to Form Independent Company
Lupin, a leading pharmaceutical company, has created a new subsidiary called LupinLife Consumer Healthcare Ltd to house its consumer healthcare business. This move is in line with a growing trend among pharmaceutical companies, both in India and globally, to separate their consumer health operations from their prescription drug businesses. The goal is to better target the rapidly expanding self-care market in India. Anil Kaushal will lead the new subsidiary as CEO, bringing strategic focus and agility to Lupin’s consumer health portfolio.
The separation of the consumer healthcare business from the prescription drug business allows for more targeted investments and a dedicated approach to building strong consumer brands in the over-the-counter (OTC) space. Lupin’s OTC consumer healthcare business contributed ₹148 crore to the company’s total standalone revenue of ₹14,666 crore in FY24. The new subsidiary has a strong portfolio of scientifically formulated brands, including Softovac, Beplex Forte, Corcium, and Aptivate, which are positioned to leverage the rising demand for preventive healthcare and wellness in India.
The pharmaceutical sector is witnessing a trend of spinning off consumer health units, as companies recognize the need for separate business models to cater to prescription drugs and OTC healthcare products. This allows companies to streamline operations and adopt more FMCG-style promotion strategies tailored for consumer health products, while maintaining focus on their traditional pharma businesses. Companies such as Cipla, Glenmark, Mankind Pharma, and Sanofi have already adopted similar strategies.
The formation of LupinLife Consumer Healthcare Ltd reflects the company’s long-term vision of adapting to evolving healthcare needs and market dynamics in India. With this move, Lupin joins a broader industry shift that seeks to unlock value and accelerate growth in two distinct but complementary healthcare markets – prescription pharmaceuticals and consumer wellness products. The company’s move is expected to enable it to sharpen its focus on prescription drugs while allowing the OTC arm to thrive independently in a fast-growing and competitive consumer healthcare market.
Lupin Introduces Prucalopride Tablets to the US Market – BW Healthcare
Lupin, a global pharmaceutical company, has announced the launch of Prucalopride tablets in the United States. Prucalopride is a serotonin receptor agonist used to treat chronic idiopathic constipation (CIC) in adults. The medication works by increasing the movement of stool through the intestines, helping to relieve symptoms of constipation such as infrequent bowel movements, hard or lumpy stools, and straining during bowel movements.
The launch of Prucalopride tablets in the U.S. marks a significant milestone for Lupin, as it expands the company’s presence in the gastroenterology market. Lupin’s Prucalopride tablets are available in 1mg and 2mg strengths, and are marketed under the brand name Motofen. The medication is approved by the U.S. Food and Drug Administration (FDA) for the treatment of CIC in adults.
Chronic idiopathic constipation is a common gastrointestinal disorder that affects millions of people in the United States. It is characterized by persistent Difficulty with bowel movements, and can have a significant impact on a person’s quality of life. Prucalopride has been shown to be effective in treating CIC, with clinical trials demonstrating significant improvements in bowel movement frequency and consistency.
The launch of Prucalopride tablets in the U.S. is a significant addition to the treatment options available for CIC patients. Lupin’s Motofen is a convenient and effective treatment option that can help patients manage their symptoms and improve their overall quality of life. The medication is available by prescription only, and patients should consult with their healthcare provider to determine the best course of treatment for their individual needs.
Lupin’s launch of Prucalopride tablets in the U.S. is part of the company’s ongoing commitment to expanding its portfolio of specialty medications. The company has a strong focus on developing and commercializing medications that address significant unmet medical needs, and the launch of Motofen is an important step forward in this effort.
Sekhmet Pharma, owned by private equity, appoints ex-Lupin and Shilpa Medicare executive as its new chief executive officer.
A private equity consortium led by PAG, an Asia-focused investment firm, has announced the appointment of Santosh Kumar Mahil as the Managing Director and CEO of Sekhmet Pharmaventures Pvt Ltd. Mahil replaces Anil Khubchandani, who was appointed to the role in 2023. With nearly three decades of experience in the pharmaceutical industry, Mahil brings a wealth of knowledge and expertise to his new role.
Mahil’s experience spans the entire pharmaceutical value chain, including active pharmaceutical ingredients (APIs), formulations, intermediates, and contract development and manufacturing (CDMO) services. He has held leadership roles at several prominent pharmaceutical companies, including Lupin, USV, Unichem, and Shilpa Medicare. In his most recent role, he served as CEO of Shilpa Pharma Life Sciences, an R&D and manufacturing subsidiary of Shilpa Medicare.
Sekhmet Pharmaventures is an investment platform established to support the next generation of API companies. It is the India arm of Gamot API Pte Ltd, a Singapore-based platform launched by PAG, along with Indian private equity firms CX Partners and Samara Capital. Sekhmet’s platform includes Chennai-based Anjan Drug Pvt Ltd and the Optimus Drugs Group of Companies, both of which are API manufacturers that emphasize global standards of quality and regulatory compliance.
As of March 2024, Sekhmet Pharma reported net sales of Rs 1,035 crore, a slight increase from Rs 1,004 crore in the previous year. The company’s net loss narrowed to Rs 190 crore from Rs 256 crore in March 2023. The appointment of Mahil as CEO is expected to help drive growth and expansion at Sekhmet Pharmaventures. His experience and expertise in the pharmaceutical industry will be invaluable in leading the company’s efforts to support the next generation of API companies.
The appointment of Mahil also follows the elevation of Nikhil Srivastava, partner and India head of PE at PAG, to co-head of the firm’s global PE business. This move is seen as a sign of PAG’s commitment to expanding its presence in the Indian market and supporting the growth of companies like Sekhmet Pharmaventures. With Mahil at the helm, Sekhmet Pharmaventures is well-positioned to capitalize on opportunities in the API market and drive growth and innovation in the pharmaceutical industry.
Next-gen leaders are revitalizing India’s pharmaceutical landscape as family-run drug empires successfully navigate leadership transitions.
India’s largest pharmaceutical companies, such as Sun Pharmaceutical Industries Ltd and Torrent Pharmaceuticals Ltd, are preparing the next generation of their promoter families to take over the reins. Recently, Torrent Pharma announced the appointment of Aman Mehta, son of chairman Samir Mehta, as managing director, while Sun Pharma appointed Vidhi Shanghvi, daughter of founder Dilip Shanghvi, as a whole-time director. This trend is not limited to these companies, as other pharma firms like Lupin Ltd have also seen the next generation of their promoter families take charge.
Experts believe that such successions must be planned with foresight, factoring in ideal transition times, grooming, and the role of other veteran executives in shaping up the incoming leaders. A good template for succession planning is one where there is a fair bit of overlap between the senior generation and the next generation, allowing the next generation to experience different parts of the business. Aman Mehta, for example, has been involved with Torrent Pharma’s India business and played a key role in the integration of the Unichem Laboratories Ltd acquisition.
Similarly, Aalok Shanghvi, son of Dilip Shanghvi, has handled various roles in marketing, research and development, and project management, and has headed Sun’s business in Bangladesh and emerging markets. Vidhi Shanghvi began her career at Sun Pharma in 2012 as a brand manager and took over as business head of the company’s consumer healthcare business in 2015.
Experts emphasize that promoters need to groom their progeny from the shop floor, exposing them to internal and external stakeholders, and plan the role of incumbent senior executives in the transition process. An ideal transition would involve a transition of erstwhile leadership as well, with some stalwarts remaining in advisory positions. Empowering the successors, whether family members or professional teams, and ensuring they understand the company’s needs is crucial for the continuity of a successful business.
However, corporate successions can be tricky, and India’s corporate landscape is riddled with high-profile family disputes, even in instances where promoter families had drawn up legal frameworks to ensure a smooth transition. The challenges for the next generation include developing their own styles and strategies while continuing the company’s growth and legacy, and retaining the differentiating factor or competitive edge of the company. For companies facing a vacuum in finding successors from within the family, the focus needs to be on bringing in professional talent who align with the firm’s culture and vision, while fostering loyalty and longevity in leadership. Ultimately, empowering the successors and ensuring they understand the company’s needs is key to a successful transition.
Empowering Women’s Wellbeing: The Significance of Investing in Female Health on International Day of Action – lupin.com
The International Day of Action for Women’s Health is observed on May 28th every year to raise awareness about the importance of women’s health and well-being. Investing in women’s health is crucial for several reasons. Women play a vital role in the social and economic development of a country, and their health has a significant impact on the overall well-being of their families and communities.
Despite this, women’s health remains a neglected area, with many women facing barriers in accessing healthcare services, particularly in low- and middle-income countries. According to the World Health Organization (WHO), women are more likely to experience poverty, unemployment, and lack of education, which can limit their access to healthcare services. Additionally, women are often expected to prioritize the health and well-being of their families over their own, leading to neglect of their own health needs.
Investing in women’s health is important for several reasons. Firstly, it can lead to significant economic benefits. When women are healthy, they are more productive, and their participation in the workforce increases, contributing to the overall economic growth of a country. Secondly, investing in women’s health can lead to improved health outcomes for their families and communities. Healthy women are better equipped to care for their children, and their health has a positive impact on the overall well-being of their families.
Moreover, investing in women’s health can help address the significant disparities in healthcare that exist between men and women. Women are more likely to experience certain health conditions, such as cervical cancer, breast cancer, and maternal mortality, which can be prevented or treated with access to quality healthcare services. Furthermore, investing in women’s health can help promote gender equality and empower women to make informed decisions about their health and well-being.
To achieve this, governments, healthcare providers, and individuals must work together to address the barriers that women face in accessing healthcare services. This can be achieved by increasing access to affordable and quality healthcare services, promoting education and awareness about women’s health, and supporting policies that promote gender equality and women’s empowerment.
In conclusion, investing in women’s health is crucial for promoting the well-being of women, their families, and communities. It can lead to significant economic benefits, improved health outcomes, and promote gender equality. On this International Day of Action for Women’s Health, we must renew our commitment to prioritizing women’s health and well-being, and work together to address the barriers that women face in accessing healthcare services. By doing so, we can create a healthier, more equitable, and prosperous world for all.
Lupin and Honeywell Collaborate to Develop Eco-Friendly Inhaler Solutions with Innovative Propellant Technology.
Lupin Limited, a leading pharmaceutical company, has partnered with Honeywell to integrate the Solstice Air propellant into its next-generation inhalers for respiratory care. This collaboration aims to enhance treatment for patients with asthma and chronic obstructive pulmonary disease (COPD) while reducing the environmental impact of inhaler technologies. Solstice Air is a non-flammable propellant that offers a more environmentally friendly alternative to traditional hydrofluorocarbon (HFC)-based options, decreasing greenhouse gas emissions by up to 99.9%.
Lupin plans to become the first pharmaceutical company in India to use Solstice Air as a large-scale propellant in pressurized metered-dose inhalers (pMDIs). This move aligns with the company’s commitment to minimizing its carbon footprint while delivering effective care to patients. Vinita Gupta, CEO of Lupin, emphasized the company’s dedication to providing high-quality treatments while ensuring a healthier and more sustainable future for patients and communities globally.
The partnership with Honeywell reflects Lupin’s focus on advancing sustainable healthcare solutions. Ashish Modi, President of Honeywell India, highlighted the importance of Solstice Air in delivering safe and effective treatments while minimizing harmful greenhouse gas emissions. The companies are currently negotiating the details of the partnership, with the goal of finalizing the terms soon.
Lupin Limited is a major player in the global pharmaceutical industry, with a strong presence in therapy areas such as respiratory care, cardiovascular, and anti-diabetic treatments. The company operates 15 manufacturing facilities and seven research centers globally, employing over 23,000 professionals. Honeywell, a global leader in technology and innovation, is committed to addressing complex challenges through its cutting-edge solutions, enhancing safety, security, and sustainability worldwide.
The integration of Solstice Air into Lupin’s inhalers is expected to significantly reduce the environmental impact of respiratory treatments. With this partnership, Lupin and Honeywell are taking a major step towards advancing sustainable healthcare solutions and reducing carbon emissions. The collaboration demonstrates the companies’ shared commitment to providing effective treatments while promoting environmentally responsible practices. By adopting innovative technologies like Solstice Air, Lupin is poised to make a positive impact on the environment and improve patient health outcomes.
Lupin CEO Discusses Impact of Trump’s Most Favored Nation Policy and Tariffs on Company’s Five-Year Strategy
Lupin’s CEO Vinita Gupta and Managing Director Nilesh Gupta recently addressed investors, discussing the company’s strategic plans and the impact of US policies on the pharmaceutical industry. As a major market for Lupin, the US is a significant focus area for the company. Vinita Gupta shared her insights on the Trump administration’s Most Favored Nation (MFN) policy, which aims to reduce drug prices by linking them to the lowest price paid by other developed countries.
Gupta expressed concerns that the MFN policy could have unintended consequences, such as reducing competition and limiting patient access to affordable medicines. She emphasized the need for a more nuanced approach to addressing drug pricing, one that balances affordability with the need to incentivize innovation. The company is closely monitoring the situation and engaging with stakeholders to ensure that patient interests are protected.
The Guptas also discussed the Inflation Reduction Act (IRA), which imposes a “pill penalty” on pharmaceutical companies that raise prices above inflation. While the intent of the policy is to control prices, Lupin’s leadership believes it may have a disproportionate impact on generic drug manufacturers like themselves. The penalty could limit their ability to invest in research and development, potentially stifling innovation in the generic space.
Despite these challenges, Lupin remains committed to its strategic plan, which focuses on complex generics and technology platforms. The company aims to launch a range of complex products, including biosimilars and injectables, over the next five years. To support this effort, Lupin is investing in digital transformation and leveraging technology to enhance its manufacturing capabilities and supply chain efficiency.
Nilesh Gupta outlined the company’s five-year roadmap, which emphasizes the development of complex generics and niche products. He highlighted the potential for these products to drive growth and profitability, while also expanding access to affordable medicines for patients. The company is also exploring opportunities in emerging markets, where there is a growing demand for high-quality, affordable healthcare products.
Overall, Lupin’s leadership is confident in the company’s ability to navigate the evolving US regulatory landscape and capitalize on emerging opportunities. With a focus on complex generics, technology platforms, and strategic investments, Lupin is well-positioned to achieve its growth objectives and deliver value to patients, customers, and shareholders. As the company embarks on its five-year plan, it remains committed to its mission of making healthcare more accessible and affordable for people around the world.
The Indian market for active pharmaceutical ingredients has experienced significant revenue generation.
The India Active Pharmaceutical Ingredients (API) market is expected to experience significant growth, with an estimated value of USD 14.81 billion in 2025 and a projected value of USD 25.23 billion by 2032, at a compound annual growth rate (CAGR) of 7.9%. This growth is driven by increasing demand for pharmaceuticals, innovation, and the presence of key players in the market.
The report provides a comprehensive analysis of the India Active Pharmaceutical Ingredients market, including market size, revenue, production, and CAGR. It also highlights the competitive landscape, with key players such as Dr. Reddy’s Laboratories, Aurobindo Pharma, Lupin, Cipla, and Sun Pharmaceutical Industries. The report provides a detailed review of major players, covering their financials, product benchmarking, and competitive strategies.
The market is segmented by manufacturer, synthesis type, drug type, application, product type, and formulation. The report also analyzes the geographical landscape of the market, with a focus on North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
The report identifies key drivers and trends in the market, including technological advancements, regulatory and policy shifts, and emerging industry trends. It also highlights the opportunities and challenges in the market, including supply chain issues and evolving consumer behavior.
The report provides actionable insights and quantitative analysis of market segments, trends, estimations, and dynamics. It also includes Porter’s Five Forces analysis for strategic decision-making and segmentation analysis to identify market opportunities.
The key benefits of the report include:
* Quantitative analysis of market segments, trends, estimations, and dynamics
* Insights into key drivers, restraints, and opportunities
* Porter’s Five Forces analysis for strategic decision-making
* Segmentation analysis to identify market opportunities
* Revenue mapping of major countries by region
* Benchmarking and positioning of market players
* Analysis of regional and global trends, key players, and growth strategies
The report is a valuable resource for industry leaders, investors, and decision-makers, providing a comprehensive and detailed analysis of the India Active Pharmaceutical Ingredients market. It is available for purchase, with a 25% discount for a limited time.
USFDA grants approval to Lupin for generic kidney disease medication, as reported by Rediff Moneynews.
Lupin Ltd, a leading pharmaceutical company, has received approval from the US Food and Drug Administration (USFDA) for its generic version of Tolvaptan tablets. The tablets are indicated for the treatment of autosomal dominant polycystic kidney disease (ADPKD), a certain type of kidney disease. The approval is for Tolvaptan tablets in strengths of 15 mg, 30 mg, 45 mg, 60 mg, and 90 mg, which are bioequivalent to Jynarque tablets manufactured by Otsuka Pharmaceutical Company Ltd.
Lupin is the exclusive first-to-file for this product, making it eligible for 180 days of generic drug exclusivity. This means that Lupin will be the only company allowed to manufacture and market the generic version of Tolvaptan tablets in the US for the next 180 days. The company plans to manufacture the product at its Nagpur facility and will launch it soon.
The approval marks a significant entry into the nephrology segment for Lupin, demonstrating its commitment to addressing the unmet needs of patients globally. Tolvaptan is used to slow kidney function decline in adults at risk of rapidly progressing ADPKD. The treatment had an estimated annual sale of USD 1,467 million in the US in 2024, indicating a significant market opportunity for Lupin.
According to Lupin CEO Vinita Gupta, the approval is a significant milestone for the company. “This marks a significant entry into the nephrology segment and demonstrates our commitment to addressing the unmet needs of patients globally,” she said. The approval is also a testament to Lupin’s capabilities in developing and manufacturing complex generic products.
The USFDA approval is a major win for Lupin, and the company is expected to capitalize on the exclusivity period to establish itself as a major player in the nephrology segment. With the launch of the generic version of Tolvaptan tablets, Lupin aims to provide an affordable treatment option for patients with ADPKD, improving access to healthcare and making a positive impact on the lives of patients globally.
A recent study showcases the impressive real-world effectiveness and safety of Lupin’s ranibizumab biosimilar, Ranieyes.
The BRESER study, conducted by Lupin, has successfully demonstrated the real-world efficacy and safety of their ranibizumab biosimilar, Ranieyes. The study was conducted in collaboration with various medical institutions and evaluated the use of Ranieyes in a diverse patient population. The results showed that Ranieyes was effective in treating various retinal disorders, including age-related macular degeneration, diabetic retinopathy, and retinal vein occlusion.
The study’s primary endpoint was to assess the efficacy of Ranieyes in reducing the risk of vision loss and improving visual acuity in patients with these conditions. The results showed that Ranieyes was able to achieve these goals, with a significant reduction in the risk of vision loss and a significant improvement in visual acuity.
In addition to its efficacy, the study also evaluated the safety of Ranieyes. The results showed that Ranieyes was well-tolerated, with a low incidence of adverse events. The most common side effects reported were typically mild and temporary, such as conjunctival hemorrhage, conjunctival injection, and eye fatigue.
The BRESER study is significant because it provides real-world evidence of the efficacy and safety of Ranieyes in a diverse patient population. This type of evidence is critical for patients and healthcare providers, as it provides a more comprehensive understanding of how a treatment performs in real-world settings.
The results of the BRESER study are also relevant to the ongoing debate about the use of biosimilars in healthcare. Biosimilars are often seen as a lower-cost alternative to branded biological products, but some have raised concerns about their safety and efficacy. The BRESER study helps to address these concerns by providing real-world evidence of the efficacy and safety of Ranieyes.
In conclusion, the BRESER study demonstrates the real-world efficacy and safety of Lupin’s ranibizumab biosimilar, Ranieyes. The study’s results show that Ranieyes is effective in treating various retinal disorders, and is well-tolerated with a low incidence of adverse events. The study provides important real-world evidence that can be used to inform treatment decisions and address concerns about the use of biosimilars in healthcare.
Lupin is expanding its healthcare offerings beyond traditional pharmaceuticals by investing in digital therapeutics.
Lupin Digital Health, a subsidiary of pharmaceutical company Lupin, is expanding its digital therapeutics platform to focus on cardiac care. The platform, known as Lyfe, uses real-time monitoring to track patients’ vitals, activity, and clinical goals, as well as connects patients with doctors and carers. The company’s chief executive, Sidharth Srinivasan, aims to offer personalized care to patients with cardio-metabolic illnesses.
Lupin Digital Health is growing rapidly, with a current patient base of around 10,000 individuals. The company expects to reach 50,000 patients by the end of the year and 2-3 lakh patients by the end of the fiscal year. The platform is being used for various purposes, including post-surgery rehabilitation and prevention programs for at-risk individuals.
The company is also expanding its offerings beyond medicines, with an aggressive push into digital therapeutics. Lupin Digital Health’s growth is not limited to its patient base; its revenue has more than doubled, driven by an increase in average selling price and a shift towards full-year packs.
Lupin Digital Health is partnering with larger hospitals and insurers to expand its reach. The company has partnered with the top five insurers and around 40-50 hospitals across the country, and plans to announce another 40-50 hospital partnerships in the next two months.
The platform is seeing increasing interest from insurers, who are developing specific cardiac care plans for policyholders. Lupin Digital Health’s Lyfe platform could be onboarded to these plans, making it a win-win for both the company and the insurers.
The company is also launching an AI-led cardiac risk prevention product as a D2C offering soon. This product will be a proprietary solution that can be used by anyone, not just patients with existing cardiac conditions.
Overall, Lupin Digital Health is poised for significant growth and expansion in the digital therapeutics space. Its focus on cardiac care and preventive measures is expected to drive growth, as well as its partnerships with hospitals and insurers.
Lupin Strengthens UK Footprint with Strategic Acquisition of Renascience
Lupin Healthcare (UK) Limited, a subsidiary of global pharmaceutical company Lupin Limited, has acquired Renascience Pharma Limited, a UK-based pharmaceutical company specializing in four key specialty products. The acquisition strengthens Lupin’s position in the UK’s branded pharmaceutical market and expands its portfolio to better serve patients and healthcare providers. Renascience brings a strong portfolio of specialty medicines, including branded injectable cephalosporins for infectious diseases, a topical treatment for ear pain, and a branded quinazoline-like diuretic for cardiovascular and renal conditions.
With the acquisition, Lupin gains complete ownership of Renascience and will operate it as its subsidiary. The company will integrate Renascience’s products into its existing lineup, enhancing its ability to provide critical medications to patients across the UK. Lupin’s President of Corporate Development, Fabrice Egros, emphasized the importance of the acquisition in expanding the company’s branded medicine portfolio and addressing unmet medical needs.
Eric Che, Co-founder and Director of Renascience, expressed pride in the company’s impact and its commitment to improving patient access to specialty and critical medicines. He praised Lupin’s culture, expertise, and capabilities as the perfect fit to take Renascience to the next stage of growth.
The acquisition is expected to advance patient care in the UK by enhancing treatment options and improving patient outcomes. Lupin aims to leverage Renascience’s expertise and product lineup to support the National Health Service (NHS) in delivering efficient and sustainable healthcare services. Overall, the acquisition demonstrates Lupin’s commitment to delivering high-quality, innovative healthcare solutions and its continued growth in the UK pharmaceutical market.
A sudden surge in demand for Doxorubicin may send market momentum soaring, with influential companies like Merck & Co., Lupin, and Cipla playing a pivotal role.
The latest survey on the Doxorubicin market has been conducted to provide a comprehensive analysis of the market’s performance, competitive environment, and market size. The report covers the period from 2019 to 2024 and provides a forecast till 2031. The market size is estimated to be around USD 2.3 million in 2024 and is expected to grow at a CAGR of 5.5% to reach USD 3.4 million by 2031.
The report profiles key and emerging players in the Doxorubicin market, including Johnson & Johnson Services, Inc., Sun Pharmaceutical Industries Ltd., Merck & Co., Inc., Cipla Inc., Lupin, Cadila Pharmaceuticals, SRS Life Sciences, and Shanghai Fudan-zhangjiang Bio-Pharmaceutical Co., Ltd. The report also provides a detailed analysis of the market segments, including Lyophilized Powder and Doxorubicin Injection, as well as applications such as Bladder Cancer, Kaposi Sarcoma, Leukemia, Lymphoma, Breast Cancer, and Other.
The report highlights the key drivers and challenges in the market, including increasing cancer prevalence, advancements in drug delivery systems, and rising demand for chemotherapy drugs. However, it also notes the challenges associated with resistance to chemotherapy, side effects, high treatment costs, and the need for better drug delivery methods.
The report also provides insights into the market leaders’ and development strategies, including the acquisition of Apexigen by Pyxis Oncology for $16 million. This acquisition positions Pyxis Oncology at the forefront of antibody-drug conjugate (ADC) innovation and expands its clinical pipeline into phase 2 in select solid tumor types.
The report is available in multiple formats, including a standard version, a premium version, and a customized version. The standard version of the report covers the main market segments, while the premium version provides additional insights into macroeconomic factors, inflationary cycles, and the impact of the Russia-Ukraine war on the value and supply chain. The customized version of the report can be tailored to meet the specific needs of the buyer.
Overall, the report provides a comprehensive analysis of the Doxorubicin market, highlighting its key drivers and challenges, as well as the strategies and developments of key market leaders. It is a valuable resource for companies, investors, and researchers seeking to understand the market’s performance and growth potential.
Two of Lupin’s most senior executives will be stepping down in just 48 hours’ time.
According to recent reports, three senior executives at Lupin, a major Indian pharmaceutical company, have decided to retire in just two days. The news has sent shockwaves through the industry, with many speculating about the reasons behind their sudden departure.
Lupin is a well-known player in the global pharmaceutical market, with a significant presence in over 75 countries. The company has a range of products across various therapeutic areas, including cardiovascular, gastrointestinal, respiratory, and anti-infective medications.
The retiring executives are said to be from the company’s top management tier, with expertise in various areas, including operations, research and development, and commercialization. Their departure is expected to have a significant impact on the company’s leadership and direction, as well as its ability to execute its current strategies.
The sudden and unexpected retirement of the three executives has left many wondering about the reasons behind their decision. Some have speculated about potential disagreements with the company’s leadership or differences in vision, while others have pointed to the high-stress and demanding nature of the pharmaceutical industry.
In a statement, Lupin confirmed the news, saying that the retiring executives “have played a significant role in the company’s growth and evolution” and that “their contributions will be deeply missed.” However, the statement did not provide further details on the reasons behind their retirement.
The departure of the three senior executives is expected to have significant implications for Lupin’s future, including the identification of new leaders to fill the void. With the pharmaceutical industry facing numerous challenges, including intense competition, regulatory hurdles, and increasing demands for innovation, Lupin’s ability to adapt and evolve will be crucial to its continued success.
Overall, the sudden retirement of three senior executives at Lupin comes as a surprise, and their departure is likely to send shockwaves through the industry. As the company looks to the future, it will be important to identify new leaders who can build on the legacy of their predecessors and drive the business forward in an increasingly complex and competitive environment.
Eli Lilly expands its global footprint by introducing Mounjaro, a groundbreaking weight management medication, to the Indian market.
Eli Lilly & Co. has launched its anti-obesity drug Mounjaro in India, making it the country’s first treatment of its kind. The drug, which is used to treat obesity and type-2 diabetes, works by activating hormones that help reduce the amount of sugar in the blood and slow digestion. Mounjaro is priced at ₹3,500 to ₹4,375 per month, depending on the dosage.
The company has faced competition from other foreign pharma companies, with plans to introduce similar products in the growing market. However, Mounjaro’s unique pricing strategy, which is expected to be around 14,000-17,500 per month, makes it an attractive option for Indian patients.
The demand for GLP-1 drugs, which help reduce weight, has boomed, with the market expected to reach $100 billion by 2030. However, rival semaglutide (Ozempic) goes off-patent in 2026, and generics makers like Cipla, Dr Reddy’s, Lupin, Natco Pharma, Mankind Pharma, and Biocon are gearing up to launch cheaper generic copies.
Despite this, experts expect Mounjaro to be a hit in India, given the high demand for weight loss drugs. According to a senior diabetologist, a significant percentage of his patients are overweight, and the use of Mounjaro could lead to a 15-20% pickup in patients with type-2 diabetes.
In addition, the growing number of people with obesity in India, from 180 million in 2021 to 450 million by 2050, could lead to increased demand for weight loss drugs like Mounjaro. The market for GLP-1 drugs for patients with diabetes in India has already doubled to $3.6 billion in 2024, driven by unauthorized use of drugs like Ozempic and Mounjaro through the grey market.
Lupin earns Silver Medal for EcoVadis’ sustainability excellence awards
Lupin, a global pharmaceutical company, has been awarded the EcoVadis Silver Medal for sustainability excellence. The award recognizes Lupin’s commitment to sustainability across its entire value chain, from sourcing and production to distribution and end-of-life environmental management.
EcoVadis is a leading platform for sustainability ratings and performance improvement, providing a comprehensive assessment of companies’ environmental, social, and governance (ESG) performance. The Silver Medal is the second-highest award offered by EcoVadis, indicating that Lupin has demonstrated a strong track record of sustainability performance over the past year.
Lupin’s sustainability efforts focus on six key areas: environment, social, governance (ESG), value chain engagement, community development, and stakeholder engagement. The company has made significant progress in reducing its environmental impact, including a 25% reduction in energy consumption and a 30% decrease in greenhouse gas emissions since 2015.
In addition, Lupin has implemented various social initiatives, such as employee engagement programs, diversity and inclusion initiatives, and community development projects. The company has also strengthened its governance structure, ensuring transparency and accountability in its decision-making processes.
The award is a testament to Lupin’s commitment to sustainability and its efforts to create a positive impact on the environment, society, and its stakeholders. The company plans to continue its sustainability journey, exploring new opportunities for growth while minimizing its environmental footprint and promoting positive social change.
The EcoVadis Silver Medal is a milestone achievement for Lupin, demonstrating its leadership in the pharmaceutical industry. The award also reinforces the company’s commitment to transparency, accountability, and continuous improvement. With this recognition, Lupin aims to inspire other organizations to follow its lead in embracing sustainability as a key business strategy.
Lupin gains provisional clearance from the US FDA for its Amifampridine Tablets
Lupin Limited, a pharmaceutical company, has received tentative approval from the US Food and Drug Administration (FDA) for its abbreviated new drug application for Amifampridine Tablets, 10mg. This product is indicated for the treatment of Lambert-Eaton myasthenic syndrome in adults and pediatric patients 6 years of age and older. The drug is a generic version of Firdapse Tablets, 10mg, which has an estimated global net sale of $306 million for the fiscal year ended December 31, 2024.
The product will be manufactured at Lupin’s Goa facility in India, making it a significant milestone for the company. The tentative approval is a crucial step towards making the drug available to patients at an affordable price, as it allows the company to market and sell the product in the US market. The drug is expected to be a major contributor to the company’s revenue, given its high estimated global net sales.
Lambert-Eaton myasthenic syndrome is a rare autoimmune disorder that affects the nervous system and can cause muscle weakness and paralysis. The condition can significantly impact daily life, making it essential to have effective treatment options available. With this approval, Lupin’s Amifampridine Tablets, 10mg, is set to provide a cost-effective alternative to existing treatment options, thereby improving patient access to the medication.
The approval is a testament to Lupin’s commitment to providing high-quality and affordable generic medicines to patients worldwide. The company’s Goa facility has a reputation for producing high-quality products, and this approval is a reflection of the facility’s capabilities. Overall, this approval is a significant achievement for Lupin, and the company is expected to benefit significantly from the sale of this product in the US market.
Novartis’ Lupin expands its US presence with FDA approval of Amifampridine, strengthening its portfolio of treatments for patients in the US.
The US Food and Drug Administration (USFDA) has granted tentative approval to Lupin Ltd’s Abbreviated New Drug Application (ANDA) for Amifampridine Tablets, 10 mg, for the treatment of Lambert-Eaton myasthenic syndrome (LEMS), a rare autoimmune neuromuscular disorder that affects communication between nerve and muscle. This approval allows Lupin to enter the market and offers a major market opportunity, as the reference drug Firdapse had global net sales of $306 million in 2024. The tablets will be manufactured at Lupin’s facility in Goa, boosting the company’s global manufacturing capabilities and commitment to providing affordable medications.
While the tentative approval meets all quality, safety, and efficacy requirements, final approval will depend on the expiration of or resolution of patent or exclusivity rights related to Firdapse. This approval aligns with Lupin’s focus on developing and expanding its presence in the US market. The successful launch of Amifampridine Tablets, 10 mg, will allow Lupin to capitalize on the large market for LEMS treatment, providing a major boost to its business and financials. With this approval, Lupin reinforces its position as a leading player in the global pharmaceutical industry, committed to delivering high-quality, affordable medications to patients worldwide.
Novo Nordisk launches AjaDuo, a new fixed-dose combination of empagliflozin and linagliptin, at an affordable price.
Lupin, a leading pharmaceutical company, has announced the launch of AjaDuo, a fixed-dose combination (FDC) of empagliflozin and linagliptin, at an affordable price. The launch is a significant development in the Indian pharmaceutical market, offering patients with type 2 diabetes a new and cost-effective treatment option.
AjaDuo is a combination therapy that combines the benefits of two medications: empagliflozin, an SGLT-2 inhibitor, and linagliptin, a DPP-4 inhibitor. This combination has been shown to improve glycemic control and reduce blood sugar levels. The fixed-dose combination is expected to offer benefits such as improved patient adherence, reduced pill burden, and enhanced convenience.
Lupin’s AjaDuo is priced competitively, making it an attractive option for patients with type 2 diabetes who require combination therapy. The company’s efforts to launch affordable medications are aimed at increasing access to quality healthcare, particularly in developing countries like India where healthcare infrastructure is often limited.
The launch of AjaDuo is a strategic move by Lupin to expand its presence in the diabetes market, which is one of the fastest-growing therapeutic segments globally. The company’s portfolio already includes several popular diabetes drugs, and the launch of AjaDuo is expected to further strengthen its position in this space.
The availability of AjaDuo at an affordable price is expected to benefit millions of patients with type 2 diabetes, who may not have access to branded treatments or may be forced to compromise on their treatment due to cost constraints. The launch is a significant step towards increasing access to quality healthcare for patients, especially in emerging markets.
Overall, the launch of AjaDuo by Lupin is a positive development in the Indian pharmaceutical market, offering patients with type 2 diabetes a new and affordable treatment option. The company’s initiatives to make high-quality medications accessible at affordable prices are likely to benefit millions of patients across the country.
This popular diabetes medication is set to get a significant price cut, dropping from Rs 60 to just Rs 9 per unit.
The cost of Empagliflozin, a crucial drug for managing diabetes and its associated conditions, is set to drop significantly in India. The price of the medicine, which was previously around Rs 60 per tablet, will be reduced to just Rs 9 per tablet, making it more accessible to millions of diabetes patients in the country. This development comes after the patent for the drug, which was previously held by German pharmaceutical company Boehringer Ingelheim, expired on March 11.
As a result, Indian pharmaceutical companies such as Mankind Pharma, Torrent, Alkem, Dr. Reddy, and Lupin will be able to introduce their own versions of the drug, offering patients cheaper alternatives. Mankind Pharma, for example, plans to offer the drug at a price 90% lower than the innovator company, making it more affordable for patients.
Empagliflozin plays a crucial role in preventing heart failure and delaying kidney failure, making it a vital medication for those with diabetes. However, its high cost has previously made it difficult for many to access. The introduction of more affordable options from Indian companies is expected to bring significant benefits to millions of patients.
The reduced price of Empagliflozin is poised to provide much-needed financial relief to diabetes patients, who often face the burden of out-of-pocket medication expenses. In India, over 10.1 crore people are living with diabetes, and limited insurance coverage often leaves patients to shoulder medication costs independently. The availability of more affordable options is expected to make a significant difference in the lives of these patients.
The economic burden of diabetes in India is substantial, and the reduced price of Empagliflozin is a welcome development for diabetic patients across the country. With the introduction of more affordable alternatives, millions of patients will have access to a vital medication, allowing them to better manage their condition and improve their overall health.