Lupin spurts on launching Generic Vfend Tablets, Vfend Oral Suspension in US

19 Dec 2016 Evaluate

Lupin is currently trading at Rs. 1481.00, up by 12.45 points or 0.85% from its previous closing of Rs. 1468.55 on the BSE.

The scrip opened at Rs. 1467.50 and has touched a high and low of Rs. 1493.80 and Rs. 1460.00 respectively. So far 18873 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1911.55 on 09-Feb-2016 and a 52 week low of Rs. 1294.05 on 29-Mar-2016.

Last one week high and low of the scrip stood at Rs. 1522.85 and Rs. 1460.00 respectively. The current market cap of the company is Rs. 67259.89 crore.

The promoters holding in the company stood at 46.74%, while Institutions and Non-Institutions held 41.85% and 11.41% respectively.

Lupin has launched Voriconazole Tablets, 50 mg & 200 mg and Voriconazole Oral Suspension, 40 mg/mL having received an approval from the United States Food and Drug Administration (USFDA) earlier to market a generic equivalent of PF Prism C.V's Vfend Tablets, 50 mg & 200 mg and Vfend Oral Suspension, 40 mg/mL.

Lupin’s Voriconazole Tablets, 50 mg & 200 mg and Voriconazole Oral Suspension, 40 mg/mL are the AB rated generic equivalent of PF Prism C.V's Vfend Tablets, 50 mg & 200 mg and Vfend Oral Suspension, 40 mg/mL. It is indicated for use in patients 12 years of age and older in the treatment of the fungal infections. As per IMS MAT September 2016, Vfend Tablets, 50mg & 200mg had US sales of $ 81 million, while Vfend Oral Suspension, 40 mg/mL had US sales of $ 15.2 million.

Lupin is a pharmaceutical company and is engaged in formulation of drugs and active pharmaceutical ingredients (APIs), generics, biotechnology, novel drug discovery and development, drug delivery systems and specialty pharmaceuticals.

Lupin Share Price

1587.90 10.25 (0.65%)
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