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Lupin gains on receiving FDA approval for Generic Generess Tablets

08 Jan 2016 Evaluate

Lupin is currently trading at Rs 1721.80, up by 3.50 points or 0.20% from its previous closing of Rs 1718.30 on the BSE.

The scrip opened at Rs. 1743.00 and has touched a high and low of Rs 1745.10 and Rs 1716.30 respectively. So far 49950 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 1379.30 on 08-Jan-2015.

Last one week high and low of the scrip stood at Rs 1858.15 and Rs. 1710.55 respectively. The current market cap of the company is Rs 77701.63 crore.

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

Pharma Major Lupin has received final approval for its Kaitlib Fe Tablets (Norethindrone and Ethinyl Estradiol Chewable Tablets, 0.8 mg/0.025 mg and Ferrous Fumarate Chewable Tablets, 75 mg) from the United States Food and Drug Administration (FDA) to market a generic version of Warner Chilcott's Generess Fe Chewable Tablets, (Norethindrone and Ethinyl Estradiol Chewable Tablets, 0.8 mg/0.025 mg and Ferrous Fumarate Chewable Tablets, 75 mg). Lupin's US subsidiary, Lupin Pharmaceuticals Inc shall commence promoting the product in the US shortly.

Lupin's Kaitlib Fe Tablets (Norethindrone and Ethinyl Estradiol Chewable Tablets, 0.8 mg/0.025 mg and Ferrous Fumarate Chewable Tablets, 75 mg) are the AB rated generic equivalent of Warner Chilcott's Generess Fe Chewable Tablets, (Norethindrone and Ethinyl Estradiol Chewable Tablets, 0.8 mg/0.025 mg and Ferrous Fumarate Chewable Tablets, 75 mg). It is indicated for use by women to prevent pregnancy. Generess Fe Chewable Tablets had US sales of USD 89.8 million (IMS MAT September 2015).

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
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