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Lupin gains on receiving USFDA approval for Potassium Chloride Extended Release Capsules

Lupin Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 500257 | NSE: LUPIN

24 Dec 2015 Evaluate

Lupin is currently trading at Rs. 1821.50, up by 17.45 points or 0.97% from its previous closing of Rs. 1804.05 on the BSE.

The scrip opened at Rs. 1813.50 and has touched a high and low of Rs. 1822.00 and Rs. 1813.50 respectively. So far 1,836 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2127.00 on 06-Oct-2015 and a 52 week low of Rs. 1364.60 on 07-Jan-2015.

Last one week high and low of the scrip stood at Rs. 1834.80 and Rs. 1780.15 respectively. The current market cap of the company is Rs. 82,051.00 crore.

The promoters holding in the company stood at 46.56% while Institutions and Non-Institutions held 43.45% and 9.99% respectively.

Lupin has received final approval for its Potassium Chloride Extended Release Capsules USP, 8 mEq and 10 mEq from the United States Food and Drug Administration (USFDA) to market a generic version of Actavis Labs FL, Inc’s Potassium Chloride Extended Release Capsules USP, 8 mEq and 10 mEq. Lupin’s US subsidiary, Lupin Pharmaceuticals Inc. shall commence promoting the product in the US shortly. Potassium Chloride Extended Release Capsules had US sales of $85.6 million, as per IMS MAT September 2015.

Lupin’s Potassium Chloride Extended Release Capsules USP, 8 mEq and 10 mEq, are the AB rated generic equivalent of Actavis Labs FL, Inc’s Potassium Chloride Extended Release Capsules USP, 8 mEq and 10 mEq. It is indicated for the treatment of patients with hypokalemia, with or without metabolic alkalosis, in digitalis intoxications and in patients with hypokalemic familial periodic paralysis. It is also indicated for the prevention of hypokalemia in patients who would be at a particular risk.

Lupin is an innovation led transnational pharmaceutical company producing and developing a wide range of branded & generic formulations, 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
View more..

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Lupin gains on receiving USFDA approval for Potassium Chloride Extended Release Capsules

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