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Lupin opens R&D facility to develop inhalation products in US

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Press Trust of India New Delhi
Drug major Lupin today said it has opened a research and development centre for inhalation products in Florida, the US.

The facility at Coral Springs, Florida, will focus on the research and development of inhalation products for the treatment of asthma, allergic rhinitis, chronic obstructive pulmonary diseases and other lung diseases.

"With the talent and resources this state provides, our Coral Springs expansion will further strengthen our ability to bring quality, affordable pharmaceuticals to patients in the United States and other key markets globally," Lupin CEO Vinita Gupta said in a statement.

Shares of the company today closed marginally down at Rs 1,694.95 on the BSE.

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First Published: Aug 07 2015 | 6:57 PM IST

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