Latest news with #DeshBandhuGupta
&w=3840&q=100)

Business Standard
17-07-2025
- Business
- Business Standard
Lupin share price increases on rolling out eye medication; details here
Lupin share price: Pharmaceutical company Lupin share price rose as much as 1.31 per cent to hit an intraday high of ₹1,955 per share on Thursday, July 17, 2025. Around 10:20 AM, Lupin share price continued to trade higher, up 1.07 per cent at ₹1,950.40 per share. In comparison, BSE Sensex was trading 0.22 per cent lower at 82,456.51 levels. Why did Lupin share price rise today? Lupin's share price rose today after the company announced the launch of Loteprednol Etabonate Ophthalmic Suspension, 0.5 per cent, in the US market. In a press release, the company said, 'Global pharma major Lupin Limited (Lupin) today announced the launch of Loteprednol Etabonate Ophthalmic Suspension, 0.5 per cent, in the United States. Loteprednol Etabonate Ophthalmic Suspension, 0.5 per cent is bioequivalent to Lotemax Ophthalmic Suspension, 0.5 per cent, of Bausch & Lomb Inc.' The drug is a generic version of Bausch & Lomb's Lotemax, and is used to treat steroid-responsive inflammatory conditions of the eye, including conjunctivitis, keratitis, iritis, and post-operative inflammation. According to IQVIA MAT data for May 2025, the reference listed drug (RLD) Lotemax had estimated annual sales of around USD 55 million in the US. Track Stock Market LIVE Updates Lupin Q4 results The pharma major Lupin reported a 112.4 per cent year-on-year (Y-o-Y) jump in consolidated net profit at ₹782.4 crore for Q4FY25, compared to ₹368.2 crore in the year-ago period. Revenue from operations rose 14.2 per cent Y-o-Y to ₹5,671 crore, up from ₹4,961 crore in Q4FY24. However, on a sequential basis, profit declined 8.9 per cent and revenue slipped 1.7 per cent. Operationally, Ebitda grew 34.3 per cent Y-o-Y to ₹1,371 crore, while the Ebitda margin improved to 24.8 per cent from 21 per cent in the same quarter last year. About Lupin Lupin is among the leading Indian multinational pharmaceutical companies headquartered in Mumbai, known for its expertise in developing and commercialising generic and branded formulations, biotechnology products, and active pharmaceutical ingredients (APIs). With operations spanning over 100 countries, including key markets like the US, India, South Africa, and regions across Asia Pacific, Latin America, Europe, and the Middle East, Lupin has established itself as a global player. The company holds strong positions in therapeutic areas such as cardiovascular, diabetology, asthma, paediatrics, and central nervous system (CNS) disorders. Notably, it is also a global leader in anti-tuberculosis and cephalosporin segments. Founded in 1968 by Desh Bandhu Gupta with a mission to combat life-threatening infectious diseases, Lupin has grown into a pharmaceutical powerhouse with a robust global footprint. It operates multiple manufacturing facilities in India, including sites at Mandideep, Ankleshwar, Tarapur, and Vadodara, supported by a network of research centers and a large workforce. In addition to its pharmaceutical business, the company has expanded into diagnostics through its wholly owned subsidiary, Lupin Diagnostics, which operates a national reference laboratory in Navi Mumbai.
&w=3840&q=100)

Business Standard
09-07-2025
- Business
- Business Standard
Lupin share pops 2% on licencing and supply agreement with Zentiva; details
Lupin share price: Pharmaceutical company Lupin share price rose as much as 2.30 per cent to hit an intraday high of ₹1,965.90 per share on Wednesday, July 9, 2025. Around 10:40 AM, Lupin share price continued to trade higher, up 1.14 per cent at 1,943.55 per share. In comparison, BSE Sensex was trading flat with a negative bias at 83,675.37 levels. Why did Lupin share price rise today? Lupin's share price rose in trade today after the company announced a licensing and supply agreement with Zentiva, k.s., for the commercialisation of its biosimilar Certolizumab Pegol. In an exchange filing, Lupin said, 'We hereby inform you that the company has entered into a License and Supply Agreement with Zentiva, k.s., for commercialisation of Lupin's biosimilar Certolizumab Pegol. Lupin said it has signed a deal with Zentiva under which it will develop, manufacture, and supply the biosimilar, while Zentiva will handle commercialisation in Europe and the CIS region, leveraging its strong regional infrastructure and regulatory capabilities. Lupin will retain commercialisation rights in other key markets, including the US and Canada. As part of the agreement, Zentiva will make non-refundable payments of up to $50 million to Lupin based on regulatory milestones, which includes an upfront payment of $10 million. Both companies will jointly invest in the biosimilar's development, and profits from defined markets will be shared. About Lupin Lupin is among the leading Indian multinational pharmaceutical companies headquartered in Mumbai, known for its expertise in developing and commercialising generic and branded formulations, biotechnology products, and active pharmaceutical ingredients (APIs). With operations spanning over 100 countries, including key markets like the US, India, South Africa, and regions across Asia Pacific, Latin America, Europe, and the Middle East, Lupin has established itself as a global player. The company holds strong positions in therapeutic areas such as cardiovascular, diabetology, asthma, paediatrics, and central nervous system (CNS) disorders. Notably, it is also a global leader in anti-tuberculosis and cephalosporin segments. Founded in 1968 by Desh Bandhu Gupta with a mission to combat life-threatening infectious diseases, Lupin has grown into a pharmaceutical powerhouse with a robust global footprint. It operates multiple manufacturing facilities in India, including sites at Mandideep, Ankleshwar, Tarapur, and Vadodara, supported by a network of research centers and a large workforce. In addition to its pharmaceutical business, the company has expanded into diagnostics through its wholly owned subsidiary, Lupin Diagnostics, which operates a national reference laboratory in Navi Mumbai.