Business Standard

Lupin to launch generic drugs in US by March-end

Co has so far launched 6 products this fiscal US, which generates 42% of its total formulation sales

Image

Reuters Mumbai

Lupin Ltd, India's fourth-largest drugmaker by sales, expects to launch three to four new generic drugs in its key US market by March end, its Group President Nilesh Gupta said on Thursday.

The Mumbai-based drugmaker has so far launched six products in this fiscal in the United States, which generates about 42% of its total formulation sales.

The drugmaker earlier reported a forecast-beating 42.6% rise in quarterly net profit to Rs 335 crore.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 31 2013 | 3:54 PM IST

Explore News