LUPIN
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Lupin Says Co Receives China Approval For Oseltamivir Phosphate Oral Suspension
May 22 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - RECEIVES CHINA APPROVAL FOR OSELTAMIVIR PHOSPHATE ORAL SUSPENSION
Source text: [ID:]
Further company coverage: LUPN.NS
May 22 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - RECEIVES CHINA APPROVAL FOR OSELTAMIVIR PHOSPHATE ORAL SUSPENSION
Source text: [ID:]
Further company coverage: LUPN.NS
Lupin Receives U.S. FDA Approval For Famotidine Injection, USP
May 13 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - LUPIN RECEIVES U.S. FDA APPROVAL FOR FAMOTIDINE INJECTION, USP
Source text: ID:nnAZN4SW0AC
Further company coverage: LUPN.NS
May 13 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - LUPIN RECEIVES U.S. FDA APPROVAL FOR FAMOTIDINE INJECTION, USP
Source text: ID:nnAZN4SW0AC
Further company coverage: LUPN.NS
Street View: India's Lupin set for US growth boost
** India's Lupin LUPN.NS posted a profit of 14.6 billion rupees ($154.5 million) in Q4, up 89% Y/Y
** Shares of LUPN down ~4% to 2,364.3 rupees, after gaining about 5% in the previous two sessions ahead of earnings
STRONG U.S. MOMENTUM, INDIA RECOVERY
** Macquarie ("outperform", TP:2,460 rupees) sees strong visibility on co's upcoming U.S. launches and the resilience of its well-established domestic business
** Morgan Stanley ("equal-weight", TP:2,386 rupees) says Q4 results were driven by strong growth in its U.S. business due to new product launches and steady base business expansion; says India business resilient, supported by healthy growth in key therapies
** Nomura ("buy", PT:2,580 rupees) says margin expansion was supported favorable currency movements and a recovery in India growth, although overhead costs rose partly due to expenses related to the VISUfarma acquisition
($1 = 94.4725 Indian rupees)
(Reporting by Devika Nair in Bengaluru)
** India's Lupin LUPN.NS posted a profit of 14.6 billion rupees ($154.5 million) in Q4, up 89% Y/Y
** Shares of LUPN down ~4% to 2,364.3 rupees, after gaining about 5% in the previous two sessions ahead of earnings
STRONG U.S. MOMENTUM, INDIA RECOVERY
** Macquarie ("outperform", TP:2,460 rupees) sees strong visibility on co's upcoming U.S. launches and the resilience of its well-established domestic business
** Morgan Stanley ("equal-weight", TP:2,386 rupees) says Q4 results were driven by strong growth in its U.S. business due to new product launches and steady base business expansion; says India business resilient, supported by healthy growth in key therapies
** Nomura ("buy", PT:2,580 rupees) says margin expansion was supported favorable currency movements and a recovery in India growth, although overhead costs rose partly due to expenses related to the VISUfarma acquisition
($1 = 94.4725 Indian rupees)
(Reporting by Devika Nair in Bengaluru)
Lupin March-Quarter Consol Net Profit 14.6 Billion Rupees
May 7 (Reuters) - Lupin Ltd LUPN.NS:
MARCH-QUARTER CONSOL NET PROFIT 14.6 BILLION RUPEES
MARCH-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 74.75 BILLION RUPEES
DIVIDEND 18 RUPEES PER SHARE
Further company coverage: LUPN.NS
May 7 (Reuters) - Lupin Ltd LUPN.NS:
MARCH-QUARTER CONSOL NET PROFIT 14.6 BILLION RUPEES
MARCH-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 74.75 BILLION RUPEES
DIVIDEND 18 RUPEES PER SHARE
Further company coverage: LUPN.NS
Lupin Receives U.S. FDA Approval For Glycerol Phenylbutyrate Oral Liquid
May 5 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - RECEIVES U.S. FDA APPROVAL FOR GLYCEROL PHENYLBUTYRATE ORAL LIQUID
Source text: ID:nBSE3DnMTs
Further company coverage: LUPN.NS
May 5 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - RECEIVES U.S. FDA APPROVAL FOR GLYCEROL PHENYLBUTYRATE ORAL LIQUID
Source text: ID:nBSE3DnMTs
Further company coverage: LUPN.NS
Lupin Launches Dapagliflozin And Metformin Hydrochloride Extended-Release Tablets In The United States
April 22 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN LAUNCHES DAPAGLIFLOZIN AND METFORMIN HYDROCHLORIDE EXTENDED-RELEASE TABLETS IN THE UNITED STATES
Source text: ID:nPn8H4D2Na
Further company coverage: LUPN.NS
April 22 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN LAUNCHES DAPAGLIFLOZIN AND METFORMIN HYDROCHLORIDE EXTENDED-RELEASE TABLETS IN THE UNITED STATES
Source text: ID:nPn8H4D2Na
Further company coverage: LUPN.NS
Lupin Incorporates Wholly Owned Subsidiary Lupin (Thailand) In Thailand
April 17 (Reuters) - Lupin Ltd LUPN.NS:
INCORPORATES WHOLLY OWNED SUBSIDIARY LUPIN (THAILAND) LIMITED IN THAILAND ON APRIL 17, 2026
Source text: ID:nBSE2RP5Bv
Further company coverage: LUPN.NS
April 17 (Reuters) - Lupin Ltd LUPN.NS:
INCORPORATES WHOLLY OWNED SUBSIDIARY LUPIN (THAILAND) LIMITED IN THAILAND ON APRIL 17, 2026
Source text: ID:nBSE2RP5Bv
Further company coverage: LUPN.NS
Lupin Launches Dapagliflozin Tablets In The United States
April 10 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - LAUNCHES DAPAGLIFLOZIN TABLETS IN THE UNITED STATES
Source text: ID:nnAZN4SQ8JK
Further company coverage: LUPN.NS
April 10 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - LAUNCHES DAPAGLIFLOZIN TABLETS IN THE UNITED STATES
Source text: ID:nnAZN4SQ8JK
Further company coverage: LUPN.NS
Lupin Announces Approval Of Dapagliflozin And Metformin Hydrochloride Tablets In United States
April 8 (Reuters) - Lupin Ltd LUPN.NS:
ANNOUNCES APPROVAL OF DAPAGLIFLOZIN AND METFORMIN HYDROCHLORIDE TABLETS IN UNITED STATES
Further company coverage: LUPN.NS
April 8 (Reuters) - Lupin Ltd LUPN.NS:
ANNOUNCES APPROVAL OF DAPAGLIFLOZIN AND METFORMIN HYDROCHLORIDE TABLETS IN UNITED STATES
Further company coverage: LUPN.NS
Lupin - Receives Tentative Approval From U.S. FDA For Sugammadex Injection
Lupin Ltd LUPN.NS:
LUPIN - RECEIVES TENTATIVE APPROVAL FROM U.S. FDA FOR SUGAMMADEX INJECTION
Source text: [ID:]
Further company coverage: LUPN.NS
Lupin Ltd LUPN.NS:
LUPIN - RECEIVES TENTATIVE APPROVAL FROM U.S. FDA FOR SUGAMMADEX INJECTION
Source text: [ID:]
Further company coverage: LUPN.NS
India's Lupin rises on tentative FDA approval for new pill
** Shares of Indian drugmaker Lupin LUPN.NS rise nearly 1% to 2366 rupees
** Co on Wednesday received tentative approval From U.S. FDA for Pitolisant tablets, to treat excessive daytime sleepiness in kids aged six and older people with narcolepsy
** Approval for Lupin's Pitolisant Tablets 4.45mg and 17.8 mg as bioequivalent to Wakix, co says
** More than 208,915 shares change hand by 11.11 am IST vs 30-day avg of 928,638 shares
** LUPN rated "buy" on avg by 35 analysts covering it; median PT at 2436 rupees
** YTD, LUPN up 11%
(Reporting by Komal Salecha in Bengaluru)
** Shares of Indian drugmaker Lupin LUPN.NS rise nearly 1% to 2366 rupees
** Co on Wednesday received tentative approval From U.S. FDA for Pitolisant tablets, to treat excessive daytime sleepiness in kids aged six and older people with narcolepsy
** Approval for Lupin's Pitolisant Tablets 4.45mg and 17.8 mg as bioequivalent to Wakix, co says
** More than 208,915 shares change hand by 11.11 am IST vs 30-day avg of 928,638 shares
** LUPN rated "buy" on avg by 35 analysts covering it; median PT at 2436 rupees
** YTD, LUPN up 11%
(Reporting by Komal Salecha in Bengaluru)
Lupin Receives Tentative Approval From U.S. FDA For Pitolisant Tablets
Lupin Ltd LUPN.NS:
LUPIN RECEIVES TENTATIVE APPROVAL FROM U.S. FDA FOR PITOLISANT TABLETS
LUPIN - RECEIVES TENTATIVE FDA APPROVAL FOR PITOLISANT TABLETS 4.45MG AND 17.8MG
Source text: ID:nPn8nqFXza
Further company coverage: LUPN.NS
Lupin Ltd LUPN.NS:
LUPIN RECEIVES TENTATIVE APPROVAL FROM U.S. FDA FOR PITOLISANT TABLETS
LUPIN - RECEIVES TENTATIVE FDA APPROVAL FOR PITOLISANT TABLETS 4.45MG AND 17.8MG
Source text: ID:nPn8nqFXza
Further company coverage: LUPN.NS
Novo Nordisk patent expiry opens door to cheaper weight-loss drugs in India
Novo Nordisk's India patent on semaglutide expires this week
Move to trigger wave of cheaper generics from local drugmakers
Concerns raised about misuse, uneven oversight
By Rishika Sadam
HYDERABAD, March 19 (Reuters) - India's market for diabetes and weight-loss drugs is set for a shake-up as Danish drugmaker Novo Nordisk's NOVOb.CO patent on semaglutide expires this week, triggering a wave of cheaper generics from local drugmakers and worries about uneven oversight in an overcrowded market.
More than 40 Indian firms are expected to launch over 50 brands within weeks, analysts and doctors said, widening access in a price-sensitive market, but also raising concerns about misuse and confusion among prescribers as costs fall sharply.
Sun Pharma SUN.NS, Mankind Pharma MNKI.NS, Dr. Reddy's REDY.NS, Zydus ZYDU.NS, Lupin LUPN.NS and Alkem ALKE.NS are among the companies expected to launch generic versions of semaglutide, the active ingredient in Novo's diabetes drug Ozempic and weight-loss treatment Wegovy.
"With high demand, falling prices and multiple brands, you may see direct pharmacy purchases, distributor-level leakages, or cosmetic or lifestyle use especially in urban markets," said Salil Kallianpur, an independent analyst.
"This could lead to misuse, poor titration and unmanaged side effects and eventually regulatory tightening."
India's drug regulator did not respond to a request for comment. Semaglutide is a prescription drug, but enforcement in India has often been uneven, with doctors and pharmacists playing a key gatekeeping role.
The entry of generics will also challenge Novo and U.S. rival Eli Lilly LLY.N, which launched blockbuster diabetes and obesity drugs in India last year, as they seek to cement their position in the country.
Lilly's Mounjaro became India's top-selling drug by value within months of launch, according to data from Pharmarack, a research firm.
India, the world's most populous nation, has the second-highest number of adults with diabetes after China and could have more than 440 million overweight or obese people by 2050, according to The Lancet, a medical journal, and the International Diabetes Federation.
India's obesity drug market could grow to 80 billion rupees ($856.6 million) by 2030 from about 15 billion rupees today, according to Pharmarack estimates.
EYES ON THE PRICE
Indian generic drugmakers, known globally for producing low-cost medicines, are expected to price their generics at discounts of at least 50% to 60%.
Analysts say monthly prices for the lowest dose could fall from about 11,000 rupees to 3,000 to 5,000 rupees as early generics arrive and eventually to around 1,500 to 2,500 rupees, expanding access beyond a niche urban elite.
"I will consult my doctor to check if I can move to using a generic version, as that appears to be lighter on the pocket," said 32-year-old Vishal, a tech worker from Hyderabad, who is considering a switch from Wegovy.
Many other patients in India's out-of-pocket market have also begun enquiring about cheaper options, some of which are expected to launch as soon as Saturday, the day after Novo's patent expires.
"The price range being quoted is broadly 2,500 to 3,500 rupees, which is quite low," said bariatric surgeon Venugopal Pareek. Six of his patients are waiting for generic versions to switch from Novo or Lilly drugs.
Lower prices are expected to expand the patient pool.
"Onboarding of patients from lower economic strata may happen on branded generics," said Sheetal Sapale, commercial vice president at Pharmarack, noting that company profits would depend on pricing discipline.
Novo and Lilly did not immediately respond to Reuters requests for a comment.
DOCTORS' CHOICE
Even as prices fall, analysts say the winner in the market will depend not just on cost, but also on doctor confidence.
India's pharmaceutical market is heavily driven by physician prescriptions and uptake will depend on doctors' familiarity and confidence in individual brands.
An initial glut of products is likely to overwhelm prescribers, analysts said, with uneven experiences and aggressive marketing.
Many generic drugmakers are opting for brand names that incorporate "sema," which could also add to confusion.
Over time, analysts expect doctors' trust to consolidate around a handful of players offering reliable supply, quality delivery devices and consistent outcomes.
"Weaker players with poor quality and no differentiation will likely exit within two to three years," Kallianpur said.
(Reporting by Rishika Sadam; Editing by Dhanya Skariachan and Thomas Derpinghaus)
Novo Nordisk's India patent on semaglutide expires this week
Move to trigger wave of cheaper generics from local drugmakers
Concerns raised about misuse, uneven oversight
By Rishika Sadam
HYDERABAD, March 19 (Reuters) - India's market for diabetes and weight-loss drugs is set for a shake-up as Danish drugmaker Novo Nordisk's NOVOb.CO patent on semaglutide expires this week, triggering a wave of cheaper generics from local drugmakers and worries about uneven oversight in an overcrowded market.
More than 40 Indian firms are expected to launch over 50 brands within weeks, analysts and doctors said, widening access in a price-sensitive market, but also raising concerns about misuse and confusion among prescribers as costs fall sharply.
Sun Pharma SUN.NS, Mankind Pharma MNKI.NS, Dr. Reddy's REDY.NS, Zydus ZYDU.NS, Lupin LUPN.NS and Alkem ALKE.NS are among the companies expected to launch generic versions of semaglutide, the active ingredient in Novo's diabetes drug Ozempic and weight-loss treatment Wegovy.
"With high demand, falling prices and multiple brands, you may see direct pharmacy purchases, distributor-level leakages, or cosmetic or lifestyle use especially in urban markets," said Salil Kallianpur, an independent analyst.
"This could lead to misuse, poor titration and unmanaged side effects and eventually regulatory tightening."
India's drug regulator did not respond to a request for comment. Semaglutide is a prescription drug, but enforcement in India has often been uneven, with doctors and pharmacists playing a key gatekeeping role.
The entry of generics will also challenge Novo and U.S. rival Eli Lilly LLY.N, which launched blockbuster diabetes and obesity drugs in India last year, as they seek to cement their position in the country.
Lilly's Mounjaro became India's top-selling drug by value within months of launch, according to data from Pharmarack, a research firm.
India, the world's most populous nation, has the second-highest number of adults with diabetes after China and could have more than 440 million overweight or obese people by 2050, according to The Lancet, a medical journal, and the International Diabetes Federation.
India's obesity drug market could grow to 80 billion rupees ($856.6 million) by 2030 from about 15 billion rupees today, according to Pharmarack estimates.
EYES ON THE PRICE
Indian generic drugmakers, known globally for producing low-cost medicines, are expected to price their generics at discounts of at least 50% to 60%.
Analysts say monthly prices for the lowest dose could fall from about 11,000 rupees to 3,000 to 5,000 rupees as early generics arrive and eventually to around 1,500 to 2,500 rupees, expanding access beyond a niche urban elite.
"I will consult my doctor to check if I can move to using a generic version, as that appears to be lighter on the pocket," said 32-year-old Vishal, a tech worker from Hyderabad, who is considering a switch from Wegovy.
Many other patients in India's out-of-pocket market have also begun enquiring about cheaper options, some of which are expected to launch as soon as Saturday, the day after Novo's patent expires.
"The price range being quoted is broadly 2,500 to 3,500 rupees, which is quite low," said bariatric surgeon Venugopal Pareek. Six of his patients are waiting for generic versions to switch from Novo or Lilly drugs.
Lower prices are expected to expand the patient pool.
"Onboarding of patients from lower economic strata may happen on branded generics," said Sheetal Sapale, commercial vice president at Pharmarack, noting that company profits would depend on pricing discipline.
Novo and Lilly did not immediately respond to Reuters requests for a comment.
DOCTORS' CHOICE
Even as prices fall, analysts say the winner in the market will depend not just on cost, but also on doctor confidence.
India's pharmaceutical market is heavily driven by physician prescriptions and uptake will depend on doctors' familiarity and confidence in individual brands.
An initial glut of products is likely to overwhelm prescribers, analysts said, with uneven experiences and aggressive marketing.
Many generic drugmakers are opting for brand names that incorporate "sema," which could also add to confusion.
Over time, analysts expect doctors' trust to consolidate around a handful of players offering reliable supply, quality delivery devices and consistent outcomes.
"Weaker players with poor quality and no differentiation will likely exit within two to three years," Kallianpur said.
(Reporting by Rishika Sadam; Editing by Dhanya Skariachan and Thomas Derpinghaus)
Zydus Lifesciences And Lupin Sign Licensing Agreement For Co-Marketing Innovative Semaglutide Injection In India
March 17 (Reuters) - Lupin Ltd LUPN.NS:
CO AND LUPIN SIGN LICENSING AGREEMENT FOR CO-MARKETING INNOVATIVE SEMAGLUTIDE INJECTION IN INDIA
Further company coverage: LUPN.NS
March 17 (Reuters) - Lupin Ltd LUPN.NS:
CO AND LUPIN SIGN LICENSING AGREEMENT FOR CO-MARKETING INNOVATIVE SEMAGLUTIDE INJECTION IN INDIA
Further company coverage: LUPN.NS
Lupin Says Tax Department Concludes Inspection At Registered Office
March 2 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - TAX DEPARTMENT CONCLUDES INSPECTION AT LUPIN'S REGISTERED OFFICE
LUPIN - NO IMPACT ON LUPIN'S FINANCIALS FROM GST PROCEEDINGS
LUPIN - NO ADVERSE FINDINGS ISSUED BY TAX DEPARTMENT TO CO
Source text: ID:nNSE6drzdm
Further company coverage: LUPN.NS
March 2 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - TAX DEPARTMENT CONCLUDES INSPECTION AT LUPIN'S REGISTERED OFFICE
LUPIN - NO IMPACT ON LUPIN'S FINANCIALS FROM GST PROCEEDINGS
LUPIN - NO ADVERSE FINDINGS ISSUED BY TAX DEPARTMENT TO CO
Source text: ID:nNSE6drzdm
Further company coverage: LUPN.NS
Lupin Says Visufarma B.V. Deal Anticipated To Complete In April 2026
Feb 27 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - VISUFARMA B.V. DEAL ANTICIPATED TO COMPLETE IN APRIL 2026
Source text: ID:nNSE3ylQqz
Further company coverage: LUPN.NS
Feb 27 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - VISUFARMA B.V. DEAL ANTICIPATED TO COMPLETE IN APRIL 2026
Source text: ID:nNSE3ylQqz
Further company coverage: LUPN.NS
Lupin Says Tax Department Initiated Inspection, Search At Co
Feb 25 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - TAX DEPARTMENT INITIATED INSPECTION AND SEARCH AT CO
LUPIN - INSPECTION, SEARCH DOESN’T HAVE ANY IMPACT ON CO'S FINANCIALS, OPERATIONS
Further company coverage: LUPN.NS
Feb 25 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - TAX DEPARTMENT INITIATED INSPECTION AND SEARCH AT CO
LUPIN - INSPECTION, SEARCH DOESN’T HAVE ANY IMPACT ON CO'S FINANCIALS, OPERATIONS
Further company coverage: LUPN.NS
Lupin Receives FDA Approval For Brivaracetam Oral Solution
Feb 24 (Reuters) - Lupin Ltd LUPN.NS:
RECEIVES FDA APPROVAL FOR BRIVARACETAM ORAL SOLUTION
Source text: ID:nBSE2nrh2j
Further company coverage: LUPN.NS
Feb 24 (Reuters) - Lupin Ltd LUPN.NS:
RECEIVES FDA APPROVAL FOR BRIVARACETAM ORAL SOLUTION
Source text: ID:nBSE2nrh2j
Further company coverage: LUPN.NS
Lupin Receives European Commission Approval For Biosimilar Ranibizumab
Feb 23 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - RECEIVES EUROPEAN COMMISSION APPROVAL FOR BIOSIMILAR RANIBIZUMAB
Further company coverage: LUPN.NS
Feb 23 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - RECEIVES EUROPEAN COMMISSION APPROVAL FOR BIOSIMILAR RANIBIZUMAB
Further company coverage: LUPN.NS
India Lupin rises on licensing deal for antidepressant in Canada
** Shares of India's Lupin LUPN.NS rise 1.35% to 2249.80 rupees
** Drugmaker signs license and supply agreement with Spektus Pharma to commercialize antidepressant Deslaflex in Canada
** Co says deal expands Lupin's central nervous system (CNS) portfolio in the Canadian market
** Trading vols at 424,238 shares vs 30-day-avg of 873,939 shares
** Stock rated "buy" on avg by 35 analysts, median PT at 2421.50 rupees
** LUPN dropped 10.45% in 2025, stock gained 5.3% so far in 2026
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
** Shares of India's Lupin LUPN.NS rise 1.35% to 2249.80 rupees
** Drugmaker signs license and supply agreement with Spektus Pharma to commercialize antidepressant Deslaflex in Canada
** Co says deal expands Lupin's central nervous system (CNS) portfolio in the Canadian market
** Trading vols at 424,238 shares vs 30-day-avg of 873,939 shares
** Stock rated "buy" on avg by 35 analysts, median PT at 2421.50 rupees
** LUPN dropped 10.45% in 2025, stock gained 5.3% so far in 2026
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
Biocon aims for revenue surge with rollout of generic weight-loss drugs
Repeats story from 13th Feburary with no changes to text
By Rishika Sadam
Feb 16 (Reuters) - Biocon BION.NS is aiming for high-double-digit percentage revenue growth as the Indian pharmaceutical firm prepares to launch generic versions of weight-loss drugs globally even as it remains cautious about an early rollout in the home market, a top company executive told Reuters.
The company is counting on demand for obesity medicines as it expands a pipeline that includes copycat versions of Novo Nordisk's NOVOb.CO Wegovy, whose patent for semaglutide in a few markets expires in 2026.
Indian drugmakers, including Dr Reddy's REDY.NS, Lupin LUPN.NS, Sun Pharmaceutical SUN.NS and at least half a dozen others are racing to bring cheaper copies to markets once the active compound goes off patent.
Bengaluru-based Biocon is targeting a U.S. launch of generic liraglutide in the first quarter of the next financial year, CEO Siddharth Mittal said in an interview on Friday. Liraglutide is also used for obesity treatment.
It aims to launch generic Wegovy in Canada next year, subject to regulatory approval, Mittal said. It is also planning launches over the next few years in India, Brazil, Mexico, Turkey, and parts of the Middle East and Latin America.
The company, however, is cautious about an early start in India due to fierce price competition and local clinical trial requirements, Mittal said.
"There's going to be fierce competition in India," Mittal said, citing low price expectations. He said Biocon is exploring approval in a specific overseas market first, which could help it seek a clinical trial waiver in India under local rules.
In India, Biocon would need to run a late-stage clinical trial before launch. The company is weighing whether that cost would be justified, Mittal said, or whether it should seek a waiver.
The obesity medicines market, according to several forecasts, is expected to reach at least $150 billion globally by the early 2030s, and analysts expect generic versions to be priced at least 60% below the originator products.
Biocon expects high double-digit percentage revenue growth, Mittal said. The company's annual revenue grew 5.4% in fiscal 2025 from a year ago, but it has been growing in early double-digits on a quarter-on-quarter basis.
India is not Biocon's main market. The company derives significant share of revenue from the United States and parts of Europe.
(Reporting by Rishika Sadam; Editing by Tasim Zahid)
Repeats story from 13th Feburary with no changes to text
By Rishika Sadam
Feb 16 (Reuters) - Biocon BION.NS is aiming for high-double-digit percentage revenue growth as the Indian pharmaceutical firm prepares to launch generic versions of weight-loss drugs globally even as it remains cautious about an early rollout in the home market, a top company executive told Reuters.
The company is counting on demand for obesity medicines as it expands a pipeline that includes copycat versions of Novo Nordisk's NOVOb.CO Wegovy, whose patent for semaglutide in a few markets expires in 2026.
Indian drugmakers, including Dr Reddy's REDY.NS, Lupin LUPN.NS, Sun Pharmaceutical SUN.NS and at least half a dozen others are racing to bring cheaper copies to markets once the active compound goes off patent.
Bengaluru-based Biocon is targeting a U.S. launch of generic liraglutide in the first quarter of the next financial year, CEO Siddharth Mittal said in an interview on Friday. Liraglutide is also used for obesity treatment.
It aims to launch generic Wegovy in Canada next year, subject to regulatory approval, Mittal said. It is also planning launches over the next few years in India, Brazil, Mexico, Turkey, and parts of the Middle East and Latin America.
The company, however, is cautious about an early start in India due to fierce price competition and local clinical trial requirements, Mittal said.
"There's going to be fierce competition in India," Mittal said, citing low price expectations. He said Biocon is exploring approval in a specific overseas market first, which could help it seek a clinical trial waiver in India under local rules.
In India, Biocon would need to run a late-stage clinical trial before launch. The company is weighing whether that cost would be justified, Mittal said, or whether it should seek a waiver.
The obesity medicines market, according to several forecasts, is expected to reach at least $150 billion globally by the early 2030s, and analysts expect generic versions to be priced at least 60% below the originator products.
Biocon expects high double-digit percentage revenue growth, Mittal said. The company's annual revenue grew 5.4% in fiscal 2025 from a year ago, but it has been growing in early double-digits on a quarter-on-quarter basis.
India is not Biocon's main market. The company derives significant share of revenue from the United States and parts of Europe.
(Reporting by Rishika Sadam; Editing by Tasim Zahid)
Biocon aims for revenue surge with rollout of generic weight-loss drugs
By Rishika Sadam
Feb 13 (Reuters) - Biocon BION.NS is aiming for high-double-digit percentage revenue growth as the Indian pharmaceutical firm prepares to launch generic versions of weight-loss drugs globally even as it remains cautious about an early rollout in the home market, a top company executive told Reuters.
The company is counting on demand for obesity medicines as it expands a pipeline that includes copycat versions of Novo Nordisk's NOVOb.CO Wegovy, whose patent for semaglutide in a few markets expires in 2026.
Indian drugmakers, including Dr Reddy's REDY.NS, Lupin LUPN.NS, Sun Pharmaceutical SUN.NS and at least half a dozen others are racing to bring cheaper copies to markets once the active compound goes off patent.
Bengaluru-based Biocon is targeting a U.S. launch of generic liraglutide in the first quarter of the next financial year, CEO Siddharth Mittal said in an interview on Friday. Liraglutide is also used for obesity treatment.
It aims to launch generic Wegovy in Canada next year, subject to regulatory approval, Mittal said. It is also planning launches over the next few years in India, Brazil, Mexico, Turkey, and parts of the Middle East and Latin America.
The company, however, is cautious about an early start in India due to fierce price competition and local clinical trial requirements, Mittal said.
"There's going to be fierce competition in India," Mittal said, citing low price expectations. He said Biocon is exploring approval in a specific overseas market first, which could help it seek a clinical trial waiver in India under local rules.
In India, Biocon would need to run a late-stage clinical trial before launch. The company is weighing whether that cost would be justified, Mittal said, or whether it should seek a waiver.
The obesity medicines market, according to several forecasts, is expected to reach at least $150 billion globally by the early 2030s, and analysts expect generic versions to be priced at least 60% below the originator products.
Biocon expects high double-digit percentage revenue growth, Mittal said. The company's annual revenue grew 5.4% in fiscal 2025 from a year ago, but it has been growing in early double-digits on a quarter-on-quarter basis.
India is not Biocon's main market. The company derives significant share of revenue from the United States and parts of Europe.
(Reporting by Rishika Sadam; Editing by Tasim Zahid)
By Rishika Sadam
Feb 13 (Reuters) - Biocon BION.NS is aiming for high-double-digit percentage revenue growth as the Indian pharmaceutical firm prepares to launch generic versions of weight-loss drugs globally even as it remains cautious about an early rollout in the home market, a top company executive told Reuters.
The company is counting on demand for obesity medicines as it expands a pipeline that includes copycat versions of Novo Nordisk's NOVOb.CO Wegovy, whose patent for semaglutide in a few markets expires in 2026.
Indian drugmakers, including Dr Reddy's REDY.NS, Lupin LUPN.NS, Sun Pharmaceutical SUN.NS and at least half a dozen others are racing to bring cheaper copies to markets once the active compound goes off patent.
Bengaluru-based Biocon is targeting a U.S. launch of generic liraglutide in the first quarter of the next financial year, CEO Siddharth Mittal said in an interview on Friday. Liraglutide is also used for obesity treatment.
It aims to launch generic Wegovy in Canada next year, subject to regulatory approval, Mittal said. It is also planning launches over the next few years in India, Brazil, Mexico, Turkey, and parts of the Middle East and Latin America.
The company, however, is cautious about an early start in India due to fierce price competition and local clinical trial requirements, Mittal said.
"There's going to be fierce competition in India," Mittal said, citing low price expectations. He said Biocon is exploring approval in a specific overseas market first, which could help it seek a clinical trial waiver in India under local rules.
In India, Biocon would need to run a late-stage clinical trial before launch. The company is weighing whether that cost would be justified, Mittal said, or whether it should seek a waiver.
The obesity medicines market, according to several forecasts, is expected to reach at least $150 billion globally by the early 2030s, and analysts expect generic versions to be priced at least 60% below the originator products.
Biocon expects high double-digit percentage revenue growth, Mittal said. The company's annual revenue grew 5.4% in fiscal 2025 from a year ago, but it has been growing in early double-digits on a quarter-on-quarter basis.
India is not Biocon's main market. The company derives significant share of revenue from the United States and parts of Europe.
(Reporting by Rishika Sadam; Editing by Tasim Zahid)
India's Zydus Life agrees $120 million settlement with Astellas over bladder drug
Adds stock prices in paragraph 4
Feb 12 (Reuters) - India's Zydus Lifesciences ZYDU.NS and its U.S. unit will pay $120 million to Astellas Pharma 4503.T as part of a deal to settle a patent dispute over the Japanese drugmaker's bladder disorder drug Mirabegron, the Indian firm said on Thursday.
Zydus and its unit will also pay a pre-paid per‑unit licensing fee on sales of its generic Mirabegron in the U.S. from the date of the agreement until September 2027, the company said.
The deal will enable the company to continue marketing its generic Mirabegron in the United States, Zydus said, adding that other terms and conditions of the agreement are confidential.
Shares of Zydus climbed as much as 1.3% shortly after the announcement.
The announcement comes days after local peer Lupin LUPN.NS decided to settle its dispute with Astellas over the same drug for $90 million.
At that time, analysts at brokerage Citi said the development could delay the entry of other generic rivals in the U.S. market, potentially providing Zydus and Lupin with a period of limited competition.
(Reporting by Hritam Mukherjee in Bengaluru; Editing by Sherry Jacob-Phillips)
((mailto: hritam.mukherjee@thomsonreuters.com; @MukherjeeHritam;))
Adds stock prices in paragraph 4
Feb 12 (Reuters) - India's Zydus Lifesciences ZYDU.NS and its U.S. unit will pay $120 million to Astellas Pharma 4503.T as part of a deal to settle a patent dispute over the Japanese drugmaker's bladder disorder drug Mirabegron, the Indian firm said on Thursday.
Zydus and its unit will also pay a pre-paid per‑unit licensing fee on sales of its generic Mirabegron in the U.S. from the date of the agreement until September 2027, the company said.
The deal will enable the company to continue marketing its generic Mirabegron in the United States, Zydus said, adding that other terms and conditions of the agreement are confidential.
Shares of Zydus climbed as much as 1.3% shortly after the announcement.
The announcement comes days after local peer Lupin LUPN.NS decided to settle its dispute with Astellas over the same drug for $90 million.
At that time, analysts at brokerage Citi said the development could delay the entry of other generic rivals in the U.S. market, potentially providing Zydus and Lupin with a period of limited competition.
(Reporting by Hritam Mukherjee in Bengaluru; Editing by Sherry Jacob-Phillips)
((mailto: hritam.mukherjee@thomsonreuters.com; @MukherjeeHritam;))
Citi says Lupin-Astellas settlement may delay rival generic launches
** Citi Research says Lupin's LUPN.NS $90 million patent settlement with Astellas Pharma 4503.T may prevent other generic drugmakers from launching generic Mirabegron for an extended period, potentially giving Lupin and Zydus Lifesciences ZYDU.NS about 12–18 months of limited competition
** Settlement allows Lupin to continue selling its generic version of Mirabegron, a bladder disorder drug, eliminating legal risks associated with prolonged litigation - Citi
** Citi maintains "buy" on LUPN at PT 2260 rupees
** Stock rated "buy" on avg by 35 analysts; median PT 2350 rupees - data compiled by LSEG
** Stock up 5% YTD; last up 1% at 2218 rupees
(Reporting by Aleef Jahan in Bengaluru)
** Citi Research says Lupin's LUPN.NS $90 million patent settlement with Astellas Pharma 4503.T may prevent other generic drugmakers from launching generic Mirabegron for an extended period, potentially giving Lupin and Zydus Lifesciences ZYDU.NS about 12–18 months of limited competition
** Settlement allows Lupin to continue selling its generic version of Mirabegron, a bladder disorder drug, eliminating legal risks associated with prolonged litigation - Citi
** Citi maintains "buy" on LUPN at PT 2260 rupees
** Stock rated "buy" on avg by 35 analysts; median PT 2350 rupees - data compiled by LSEG
** Stock up 5% YTD; last up 1% at 2218 rupees
(Reporting by Aleef Jahan in Bengaluru)
Lupin Launches Topiramate Extended-Release Capsules In U.S.
Feb 4 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - LAUNCHES TOPIRAMATE EXTENDED-RELEASE CAPSULES IN U.S.
Source text: ID:nBSE79Kl58
Further company coverage: LUPN.NS
Feb 4 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - LAUNCHES TOPIRAMATE EXTENDED-RELEASE CAPSULES IN U.S.
Source text: ID:nBSE79Kl58
Further company coverage: LUPN.NS
Lupin Launches Dasatinib Tablets In United States
Feb 2 (Reuters) - Lupin Ltd LUPN.NS:
LAUNCHES DASATINIB TABLETS IN THE UNITED STATES
Source text: ID:nnAZN4S7KLI
Further company coverage: LUPN.NS
Feb 2 (Reuters) - Lupin Ltd LUPN.NS:
LAUNCHES DASATINIB TABLETS IN THE UNITED STATES
Source text: ID:nnAZN4S7KLI
Further company coverage: LUPN.NS
Lupin, Galenicum Sign License, Supply Agreement For Semaglutide In 23 Countries
Jan 21 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - LUPIN AND GALENICUM SIGN LICENSE AND SUPPLY AGREEMENT FOR SEMAGLUTIDE IN 23 COUNTRIES
LUPIN - GALENICUM TO OVERSEE DEVELOPMENT, LUPIN TO HANDLE COMMERCIALIZATION
LUPIN - AGREEMENT COVERS 23 COUNTRIES INCLUDING CANADA AND EUROPE
Source text: ID:nBSE3r0Rd
Further company coverage: LUPN.NS
Jan 21 (Reuters) - Lupin Ltd LUPN.NS:
LUPIN - LUPIN AND GALENICUM SIGN LICENSE AND SUPPLY AGREEMENT FOR SEMAGLUTIDE IN 23 COUNTRIES
LUPIN - GALENICUM TO OVERSEE DEVELOPMENT, LUPIN TO HANDLE COMMERCIALIZATION
LUPIN - AGREEMENT COVERS 23 COUNTRIES INCLUDING CANADA AND EUROPE
Source text: ID:nBSE3r0Rd
Further company coverage: LUPN.NS
Lupin Signs Exclusive Licensing Agreement With Gan & Lee Pharmaceuticals For Novel GLP-1 Receptor Agonist
Dec 29 (Reuters) - Lupin Ltd LUPN.NS:
SIGNS EXCLUSIVE LICENSING AGREEMENT WITH GAN & LEE PHARMACEUTICALS FOR NOVEL GLP-1 RECEPTOR AGONIST
Source text: ID:nNSE2BTscP
Further company coverage: LUPN.NS
Dec 29 (Reuters) - Lupin Ltd LUPN.NS:
SIGNS EXCLUSIVE LICENSING AGREEMENT WITH GAN & LEE PHARMACEUTICALS FOR NOVEL GLP-1 RECEPTOR AGONIST
Source text: ID:nNSE2BTscP
Further company coverage: LUPN.NS
Biomarin To Acquire Amicus Therapeutics For $4.8 Billion
Dec 19 (Reuters) - Biomarin Pharmaceutical Inc BMRN.O:
BIOMARIN TO ACQUIRE AMICUS THERAPEUTICS FOR $4.8 BILLION, EXPANDING POSITION AS A LEADER IN RARE DISEASES, ACCELERATING REVENUE GROWTH AND STRENGTHENING FINANCIAL OUTLOOK
AMICUS THERAPEUTICS INC - BIOMARIN TO BUY AMICUS FOR $14.50 PER SHARE IN CASH
AMICUS THERAPEUTICS INC - BIOMARIN TO FINANCE DEAL WITH CASH AND $3.7 BILLION DEBT
AMICUS THERAPEUTICS INC: DEAL EXPECTED TO BE ACCRETIVE TO NON-GAAP DILUTED EARNINGS PER SHARE IN FIRST 12 MONTHS POST-CLOSE
AMICUS THERAPEUTICS INC: PENDING U.S. GALAFOLD IP LITIGATION RESOLVED
AMICUS THERAPEUTICS : DEAL SUBSTANTIALLY ACCRETIVE TO NON-GAAP DILUTED EPS BEGINNING IN 2027 TO BIOMARIN
AMICUS THERAPEUTICS: ENTERED LICENSE AGREEMENTS WITH AUROBINDO & LUPIN FOR GALAFOLD 123 MG CAPSULES
AMICUS THERAPEUTICS: TO GRANT AUROBINDO AND LUPIN LICENSES TO MARKET GENERIC VERSIONS OF GALAFOLD IN US FROM JAN 30, 2037
Source text: ID:nPn6mkX9xa
Further company coverage: BMRN.O
Dec 19 (Reuters) - Biomarin Pharmaceutical Inc BMRN.O:
BIOMARIN TO ACQUIRE AMICUS THERAPEUTICS FOR $4.8 BILLION, EXPANDING POSITION AS A LEADER IN RARE DISEASES, ACCELERATING REVENUE GROWTH AND STRENGTHENING FINANCIAL OUTLOOK
AMICUS THERAPEUTICS INC - BIOMARIN TO BUY AMICUS FOR $14.50 PER SHARE IN CASH
AMICUS THERAPEUTICS INC - BIOMARIN TO FINANCE DEAL WITH CASH AND $3.7 BILLION DEBT
AMICUS THERAPEUTICS INC: DEAL EXPECTED TO BE ACCRETIVE TO NON-GAAP DILUTED EARNINGS PER SHARE IN FIRST 12 MONTHS POST-CLOSE
AMICUS THERAPEUTICS INC: PENDING U.S. GALAFOLD IP LITIGATION RESOLVED
AMICUS THERAPEUTICS : DEAL SUBSTANTIALLY ACCRETIVE TO NON-GAAP DILUTED EPS BEGINNING IN 2027 TO BIOMARIN
AMICUS THERAPEUTICS: ENTERED LICENSE AGREEMENTS WITH AUROBINDO & LUPIN FOR GALAFOLD 123 MG CAPSULES
AMICUS THERAPEUTICS: TO GRANT AUROBINDO AND LUPIN LICENSES TO MARKET GENERIC VERSIONS OF GALAFOLD IN US FROM JAN 30, 2037
Source text: ID:nPn6mkX9xa
Further company coverage: BMRN.O
Lupin Gets EIR From US FDA For Nagpur Facility
Dec 16 (Reuters) - Lupin Ltd LUPN.NS:
RECEIVES EIR FROM US FDA FOR NAGPUR FACILITY
Source text: ID:nBSE6KS4CK
Further company coverage: LUPN.NS
Dec 16 (Reuters) - Lupin Ltd LUPN.NS:
RECEIVES EIR FROM US FDA FOR NAGPUR FACILITY
Source text: ID:nBSE6KS4CK
Further company coverage: LUPN.NS
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What does Lupin do?
Lupin is a global pharmaceutical leader headquartered in Mumbai, India, with products distributed in many markets. Lupin specializes in pharmaceutical products, including branded and generic formulations, complex generics, biotechnology products, and active pharmaceutical ingredients. Trusted by healthcare professionals and consumers globally, the company enjoys a strong position in India and the U.S. across multiple therapy areas, including respiratory, cardiovascular, anti-diabetic, anti-infective, gastrointestinal, central nervous system, and women’s health.
Who are the competitors of Lupin?
Lupin major competitors are Zydus Lifesciences, Mankind Pharma, Dr. Reddy's Lab, Cipla, Aurobindo Pharma, Glenmark Pharma, Alkem Laboratories. Market Cap of Lupin is ₹1,05,068 Crs. While the median market cap of its peers are ₹1,04,719 Crs.
Is Lupin financially stable compared to its competitors?
Lupin seems to be less financially stable compared to its competitors. Altman Z score of Lupin is 7.88 and is ranked 5 out of its 8 competitors.
Does Lupin pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Lupin latest dividend payout ratio is 16.7% and 3yr average dividend payout ratio is 26.02%
How has Lupin allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Lupin balance sheet?
Balance sheet of Lupin is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Lupin improving?
Yes, profit is increasing. The profit of Lupin is ₹5,355 Crs for TTM, ₹3,282 Crs for Mar 2025 and ₹1,914 Crs for Mar 2024.
Is the debt of Lupin increasing or decreasing?
Yes, The net debt of Lupin is increasing. Latest net debt of Lupin is ₹257 Crs as of Mar-26. This is greater than Mar-25 when it was -₹1,185.51 Crs.
Is Lupin stock expensive?
Lupin is not expensive. Latest PE of Lupin is 19.59, while 3 year average PE is 56.03. Also latest EV/EBITDA of Lupin is 11.88 while 3yr average is 31.46.
Has the share price of Lupin grown faster than its competition?
Lupin has given better returns compared to its competitors. Lupin has grown at ~42.84% over the last 3yrs while peers have grown at a median rate of 23.61%
Is the promoter bullish about Lupin?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Lupin is 46.86% and last quarter promoter holding is 46.89%
Are mutual funds buying/selling Lupin?
The mutual fund holding of Lupin is decreasing. The current mutual fund holding in Lupin is 16.93% while previous quarter holding is 18.01%.