Lupin Records ₹32.74 Crore Block Trade on NSE at ₹2,300.20 Per Share
Lupin Ltd. executed a significant block trade on NSE worth ₹32.74 crores, involving approximately 142,339 shares at ₹2,300.20 per share. The transaction highlights substantial institutional trading activity in the pharmaceutical company's stock and represents a notable block deal in the current market environment.
Lupin Expands into Chinese Market with Tiotropium DPI Partnership
Lupin Limited has entered into a license and supply agreement with Sino Universal Pharmaceuticals for its Tiotropium Dry Powder Inhaler (DPI) product in China. This strategic move aims to introduce Lupin's respiratory medication for chronic obstructive pulmonary disease (COPD) to the Chinese market. The partnership leverages local expertise to navigate regulatory and distribution challenges, potentially opening new revenue streams for Lupin in one of the world's largest pharmaceutical markets.
Lupin to Showcase Oncology Research at ASCO 2025 with Phase 1 Data on LNP7457
Lupin Limited will present Phase 1 data on LNP7457, a new PRMT5 inhibitor, at the American Society of Clinical Oncology (ASCO) Annual Meeting in 2025. This presentation marks a significant step in Lupin's oncology research, focusing on the safety, tolerability, and preliminary efficacy of the drug candidate. The development of LNP7457 reflects Lupin's strategic expansion into the oncology sector and could potentially open new avenues for cancer treatment.
26May 25
Lupin to Showcase Phase 1 Data on Novel Cancer Drug at ASCO 2025
Lupin Limited plans to present Phase 1 data on its cancer drug candidate LNP7457, a PRMT5 inhibitor, at the American Society of Clinical Oncology (ASCO) Annual Meeting in 2025. This milestone marks Lupin's progress in oncology research and its entry into targeted cancer therapies. The presentation at ASCO, a prestigious oncology conference, indicates the advancement of Lupin's research to human trials and showcases the company's commitment to expanding its presence in the oncology market.
26May 25
Lupin Expands Footprint in Latin America with Biosimilar Ranibizumab Deal
Lupin Ltd has entered a strategic agreement with SteinCares for the supply and commercialization of biosimilar Ranibizumab in Latin America, excluding Mexico and Argentina. Lupin will manufacture the biosimilar, while SteinCares will handle regulatory filings and commercialization. Ranibizumab is used to treat various retinal conditions including age-related macular degeneration and diabetic macular edema. This partnership aims to expand Lupin's biosimilar portfolio and geographical reach in the Latin American market.
23May 25
Lupin Restructures $44.3M Debt to Equity in Oncology Subsidiary
Lupin Inc. USA, a subsidiary of Lupin Limited, has converted a $41 million loan and $3.3 million in outstanding interest into equity in Lupin Oncology Inc., USA. This $44.3 million debt-to-equity conversion is expected to strengthen Lupin Oncology's balance sheet, increase Lupin Inc. USA's stake in the oncology unit, and provide greater financial flexibility for the cancer-focused subsidiary.
20May 25
Lupin Partners with Honeywell for Eco-Friendly Inhaler Technology
Lupin Ltd. has announced a partnership with Honeywell to introduce an environmentally friendly propellant, Solstice Air, for its next-generation inhalers. This technology is expected to reduce carbon emissions by up to 99.90% compared to traditional HFC-based propellants. Lupin aims to be the first Indian pharmaceutical company to use this propellant at scale in its pressurized metered-dose inhalers for asthma and COPD patients.
16May 25
Lupin Targets Sustainable Double-Digit Growth, Aims to Outpace Market
Lupin Limited announces strong growth projections and margin enhancements. EBITDA margins now align with industry peers and are expected to improve further. The company targets quarterly revenues exceeding $250 million and aims to outpace market growth by 20-30%. Lupin is positioning itself for sustainable double-digit growth, reflecting confidence in its product portfolio and market strategy.
15May 25
Lupin Secures FDA Approval for Rivaroxaban Tablets and Reports Strong Q4 Results
Lupin Limited has received FDA approval for Rivaroxaban Tablets in 10 mg, 15 mg, and 20 mg strengths, entering a U.S. market worth $8 billion annually. The company also reported impressive Q4 financial results with a 12.20% increase in revenue to ₹5,567.10 crore and a 121.10% surge in profit to ₹794.86 crore. U.S. sales reached $245 million, up from $209 million in the previous year.