Lupin Secures FDA Approval for Risperidone Injectable with 180-Day Exclusivity
Lupin Limited has received U.S. FDA approval for Risperidone Long-Acting Injectable Suspension, the first product from Nanomi's Long-Acting Injectable platform. The approval includes a 180-day Competitive Generic Therapy exclusivity. The product has estimated annual U.S. sales of $190 million, marking a significant milestone in Lupin's product portfolio expansion and showcasing its capabilities in developing complex pharmaceuticals.

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Lupin Limited , a prominent pharmaceutical company, has achieved a significant milestone in its product portfolio expansion. The company has received approval from the U.S. Food and Drug Administration (FDA) for its Risperidone Long-Acting Injectable Suspension, marking a notable advancement in its drug development efforts.
Key Highlights
- FDA Approval: Lupin has successfully obtained U.S. FDA approval for Risperidone Long-Acting Injectable Suspension.
- Platform Milestone: This approval represents the first product from Nanomi's Long-Acting Injectable (LAI) platform.
- Exclusivity Period: The approval comes with a 180-day Competitive Generic Therapy (CGT) exclusivity.
- Market Potential: The estimated annual sales for this product in the U.S. market stand at USD 190.00 million.
Strategic Importance
The approval of Risperidone Long-Acting Injectable Suspension is a significant achievement for Lupin, showcasing the company's capabilities in developing complex pharmaceutical products. This injectable formulation adds to Lupin's growing portfolio of specialty and complex generic medications.
Market Impact
With the 180-day CGT exclusivity, Lupin gains a competitive edge in the market for this particular formulation. This period of exclusivity could potentially translate into substantial revenue generation for the company, given the estimated annual U.S. market sales of USD 190.00 million for the product.
Technological Advancement
The successful development and approval of this product highlight Lupin's progress in utilizing Nanomi's LAI platform. This achievement may pave the way for future developments in long-acting injectable formulations, potentially opening new avenues for drug delivery and treatment options.
Looking Ahead
As Lupin prepares to launch Risperidone Long-Acting Injectable Suspension in the U.S. market, investors and industry observers will be keen to see how this new product contributes to the company's financial performance and market position in the coming quarters.
This FDA approval underscores Lupin's commitment to innovation and its ability to navigate the complex regulatory landscape of the pharmaceutical industry, potentially strengthening its position in the global generic drug market.
Historical Stock Returns for Lupin
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+0.24% | +2.59% | +4.26% | -3.29% | -15.12% | +110.08% |