"According to the agreement, Lupin will market and sell linagliptin under a separate brand name Ondero (monotherapy) and Ondero Met (fixed-dose combination with metformin) which will be promoted by Lupin's 400 strong dedicated Diabetes speciality field force," Lupin said in a BSE filing.
Linagliptin, is a novel Dipeptidylpeptidase-4 (DPP-4) inhibitor. Boehringer Ingelheim will continue to sell its linagliptin under the brand names Trajenta (monotherapy) and TrajentaDuo (fixed-dose combination with metformin) through their existing sales force and network.
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Quoting IMS data, Lupin said Indian diabetes market is valued at Rs 7,655 crore, growing at 19.57 per cent as on August.
"The total DPP-4 Inhibitors market is valued at Rs 1,499 crore and growing at 26.55 per cent," it added.
Lupin's said its antidiabetic portfolio contributes 15 per cent to Lupin's India formulations sales.
Shares of Lupin were trading at Rs 2,046, up 1.12 per cent, from previous close on BSE.
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