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Lupin inks pact to acquire five legacy brands from Menarini

22 Sep 2023 Evaluate

Lupin has signed an agreement to acquire five legacy brands in strategic therapy areas - Gastroenterology, Urology and Anti-infectives from Menarini (A. Menarini India and A. Menarini AsiaPacific Holdings), along with the associated trademark rights.  The brands are Piclin (Picosulphate Sodium), Menoctyl (Otilonium Bromide), Sucramal O (Sucralfate + Oxetacaine), Pyridium (Phenazopyridine) and Distaclor (Cefaclor).

Lupin has been exclusively marketing these brands in the Indian market since July 2021 under a distribution and promotion agreement with A. Menarini India. This strategic acquisition for the Indian market marks a significant step forward for Lupin as it continues to expand its presence in India. These legacy brands help Lupin in further enhancing its diverse portfolio and solidifying its position as a leading pharmaceutical organization in India. 

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

Peers
Company Name CMP
Sun Pharma. Inds. 1805.10
Dr. Reddys Labs. 1202.70
Cipla 1344.90
Lupin 2018.50
Zydus Lifesciences 1137.00
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