Lupin gains as its arm receives USFDA approval for generic Rifadin capsules

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

26 Aug 2013 Evaluate

Lupin is currently trading at Rs. 801.40, up by 11.10 points or 1.40% from its previous closing of Rs. 790.30 on the BSE.

The scrip opened at Rs. 799.00 and has touched a high and low of Rs. 802.25 and Rs. 795.45 respectively. So far 3,511 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 908.00 on 19-Jul-2013 and a 52 week low of Rs. 540.15 on 11-Oct-2012.

Last one week high and low of the scrip stood at Rs. 827.00 and Rs. 754.30 respectively. The current market cap of the company is Rs. 35,887.00 crore.

The promoters holding in the company stood at 46.81% while Institutions and Non-Institutions held 43.07% and 10.12% respectively.

Lupin’s - US subsidiary, Lupin Pharmaceuticals, Inc. (LPI) has received final approval for its Rifampin Capsules USP, 150 mg and 300 mg strengths from the United States Food and Drugs Administration (USFDA).

Lupin’s Rifampin Capsules USP, 150 mg and 300 mg are the AB?rated generic equivalent of Sanofi Aventis’ Rifadin Capsules 150 mg and 300 mg strengths. Rifampin Capsules is indicated for the treatment of all forms of Tuberculosis and for the treatment of asymptomatic carriers of Neisseria meningitidis to eliminate meningococci from the nasopharynx.

Rifadin Capsules had annual US sales of approximately $18.5 million, as per IMS MAT March 2013. Lupin is one of the pioneers in the fight against Tuberculosis and holds global leadership positions in the Anti?TB segment.

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

Lupin Share Price

2377.90 -81.85 (-3.33%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1847.30
Dr. Reddys Lab	1293.25
Cipla	1347.70
Zydus Lifesciences	938.90
Lupin	2377.90
View more..

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