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Lupin plans to make significant investments in Japan

25 Feb 2016 Evaluate

Lupin is planning to make significant investments in Japan, the second biggest pharmaceutical market in the world. The company is setting up a new plant in Japan and investing Rs 100 crore in a manufacturing facility in India which will cater to the Japanese market.

Lupin, which entered Japan through acquisitions, reported 9% year-on-year growth in its business in the country in the third quarter of financial year 2016.

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

Peers
Company Name CMP
Sun Pharma. Inds. 1810.00
Dr. Reddys Labs. 1200.10
Cipla 1346.85
Lupin 2029.00
Zydus Lifesciences 1145.25
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