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Lupin strengthens on getting USFDA’s nod for Generic Paxil CR Tablets

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

24 Jan 2017 Evaluate

Lupin is currently trading at Rs. 1496.00, up by 13.50 points or 0.91% from its previous closing of Rs. 1482.50 on the BSE.

The scrip opened at Rs. 1489.00 and has touched a high and low of Rs. 1501.00 and Rs. 1480.45 respectively. So far 19900 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. 1509.80 and Rs. 1450.75 respectively. The current market cap of the company is Rs. 67530.99 crore.

The promoters holding in the company stood at 46.71%, while Institutions and Non-Institutions held 41.46% and 11.83% respectively.

Pharma Major Lupin has received final approval for its Paroxetin Extended Release Tablets USP, 12.5 mg, 25 mg and 37.5 mg from the United States Food and Drug Administration (US FDA) to market a generic version of Apotex Technologies, Inc’s Paxil CR Tablets, 12.5 mg, 25 mg and 37.5 mg. Lupin shall commence promoting the product shortly.

The company’s Paroxetin Extended Release Tablets USP, 12.5 mg, 25 mg and 37.5 mg are the AB rated generic equivalents of Apotex Technologies, Inc’s Paxil CR Tablets, 12.5 mg, 25 mg and 37.5 mg. It is indicated for the treatment of major depressive disorder, panic disorder, social anxiety disorder and premenstrual dysphoric disorder. Paxil CR Tablets had US sales of $127.7 million (IMS MAT September 2016).

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

2296.10 -44.10 (-1.88%)

24-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1619.95
Dr. Reddys Lab	1315.85
Cipla	1294.75
Zydus Lifesciences	927.15
Lupin	2296.10
View more..

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Lupin strengthens on getting USFDA’s nod for Generic Paxil CR Tablets

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