Lupin extends gain as arm launches generic Cymbalta Delayed-Release capsules in US

13 Dec 2013 Evaluate

Lupin is currently trading at Rs. 878.55, up by 1.15 points or 0.13% from its previous closing of Rs. 877.40 on the BSE.

The scrip opened at Rs. 876.50 and has touched a high and low of Rs. 882.60 and Rs. 876.20 respectively. So far 3,203 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 946.35 on 11-Oct-2013 and a 52 week low of Rs. 569.00 on 01-Mar-2013.

Last one week high and low of the scrip stood at Rs. 882.90 and Rs. 851.25 respectively. The current market cap of the company is Rs. 39,381.00 crore.

The promoters holding in the company stood at 46.78% while Institutions and Non-Institutions held 43.52% and 9.69% respectively.

Lupin’s - US subsidiary - Lupin Pharmaceuticals, Inc. (LPI) has launched its Duloxetine Hydrochloride Delayed-release (HCI DR) Capsules 20 mg, 30 mg and 60 mg strengths. The Company received final approval to market its Duloxetine HCl DR Capsules USP, 20 mg, 30 mg, 40 mg and 60mg strengths from the United States Food and Drugs Administration (FDA). Lupin’s Duloxetine HCl DR Capsules 20 mg, 30 mg and 60 mg strengths are the generic equivalent of Eli Lilly & Company’s (Lilly) Cymbalta Delayed?release Capsules 20mg, 30mg and 60mg.

Duloxetine HCl DR Capsules are indicated for the treatment of major depressive disorder (MDD), generalized anxiety disorder (GAD) andmanagement of neuropathic pain (DPNP) associated with diabetic peripheral neuropathy. Cymbalta Delayed?Release Capsules 20 mg, 30 mg and 60 mg strengths had annual U.S sales of approximately USD 5.43 billion (IMS MAT Sep, 2013).

Lupin is an innovation led transnational pharmaceutical company producing and developing a wide range of branded and generic formulations and APIs globally.

Lupin Share Price

2069.95 26.65 (1.30%)
22-Nov-2024 16:59 View Price Chart
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