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Lupin gains on receiving USFDA approval for generic Vancocin capsules

03 Feb 2015 Evaluate

Lupin is currently trading at Rs. 1566.15, up by 10.50 points or 0.67% from its previous closing of Rs. 1555.65 on the BSE.

The scrip opened at Rs. 1565.00 and has touched a high and low of Rs. 1576.00 and Rs. 1556.15 respectively. So far 36599 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1606.00 on 02-Feb-2015 and a 52 week low of Rs. 885.00 on 03-Feb-2014.

Last one week high and low of the scrip stood at Rs. 1606.00 and Rs. 1480.00 respectively. The current market cap of the company is Rs. 70551.83 crore.

The promoters holding in the company stood at 46.66 % while Institutions and Non-Institutions held 42.51 % and 10.83 % respectively.

Lupin has received final approval for its Vancomycin Hydrochloride Capsules, 125 mg and 250 mg from the United States Food and Drugs Administration (USFDA) to market a generic version of ANI Pharmaceuticals, Inc’s Vancocin capsules 125 mg and 250 mg strengths. Lupin Pharmaceuticals Inc. (LPI), the company’s US subsidiary would commence marketing the product shortly.

Lupin’s Vancomycin capsules 125 mg and 250 mg are the AB rated generic equivalent of ANI Pharmaceuticals Inc’s Vancocin capsules and are indicated for the treatment of C. difficile-associated diarrhea and also for the treatment of enterocolitis caused by Staphylococcus aureus (including methicillin-resistant strains). As per IMS MAT September, 2014, Vancocin Capsules had annual US sales of $164.2 million.

Lupin is an innovation led transnational pharmaceutical company producing and developing a wide range of branded and generic formulations as well as biotechnology products and APIs globally. The Company is a significant player in the Cardiovascular, Diabetology, Asthma, Pediatric, CNS, GI, Anti-Infective and NSAID space and holds global leadership positions in the Anti-TB and Cephalosporin segment.

Lupin Share Price

2324.25 -2.25 (-0.10%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1675.20
Dr. Reddys Lab 1235.40
Cipla 1238.30
Zydus Lifesciences 942.55
Lupin 2324.25
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