Lupin will manufacture a generic version of Allergan's Namenda XR capsules that are used to treat dementia
Dermatology segment of Bayer's portfolio is valued at $1 bn
Horizon decided to take legal action after Lupin filed an abbreviated new drug application (Anda) for a generic version of Pennsaid
Approval is to market the company's product, a generic version of Bayer Healthcare Pharmaceuticals' Avelox tablets in the same strength
Company's shares were trading at Rs 1,524.70, up 0.14% in the afternoon trade on BSE
According to IMS MAT June sales data, Zyvox tablets had US sales of $273.6 million
Acotiamide is approved for the treatment of post meal fullness, bloating and early satiety in functional dyspepsia by the CDSCO
Company's subsidiary Gavis Pharmaceuticals has received final approval from USFDA to market potassium chloride extended release capsules
Company expects to go ahead with launches on the dermatology front this year
Lukewarm domestic sales partly offset robust growth in US business; Ebitda short of estimates
Net income from operations jumped 40% to Rs 4,439 cr
Shares in Lupin fell as much as 6% to a one-month low of 1,598 rupees following the results, before closing down 5%
The stock dipped 5% to Rs 1,607, falling 7% from intra-day high of Rs 1,730 on the BSE.
Japan accounts for about 10% of Lupin's revenue and is its third biggest market after the US and India
With 21 new brands, Kyowa will rank sixth amongst generic companies in the country
CCI's order has come on a complaint filed by Maruti & Company
Shares of Lupin closed at Rs 1,713.60 per scrip on BSE, up 1.37%
The Goa plant accounts for 50% of Lupin's US sales and adverse observations from FDA resulted in delayed product approvals for the company
The stock moved higher by 9% to Rs 1,698 on the NSE.
The stock ended higher by 4.4% to Rs 1,543 on the BSE, recorded its sharpest single day gain since March 30, 2016.