The board of the drug major has approved foraying into the digital healthcare space with a focus to provide a digital therapeutics platform for doctors and patients in India.
The company recently incorporated a new entity in the name of Lupin Digital Health, as a wholly owned subsidiary, which will undertake this.
Lupin is an innovation-led transnational pharmaceutical company. The drug major's consolidated net profit jumped 18.7% to Rs 464.37 crore on 0.8% fall in net sales to Rs 3,759.27 crore in Q4 March 2021 over Q4 March 2020.
The scrip fell 1.32% to currently trade at Rs 1230.45 on the BSE.
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