Lupin join hands with TB Alliance for a new therapy of highly drug-resistant TB; Stock gains 1%

Lupin intends to commercialize antituberculosis (TB) medicine in approximately 140 countries and territories.

Sep 06, 2021 11:09 IST India Infoline News Service

Pharma-major, Lupin has received a non-exclusive license to manufacture the anti-TB drug pretomanid as part of the three-drug “BPaL” regimen from the non-profit drug developer, TB Alliance.

“TB Alliance is committed to ensure its products are widely available and affordable to those who need them,” said Mel Spigelman, President and CEO, TB Alliance. “Partnering with Lupin, a well-established manufacturer with experience delivering high-quality TB therapies, will help further enable widespread access to our novel regimen while promoting a competitive market to drive affordability.”

Nilesh Gupta, Managing Director, Lupin added, “As a global leader in anti-TB medicines, Lupin is committed to enhancing access to bridge unmet needs in countries where it is needed the most. This collaboration with TB Alliance leverages our strength and expertise to contribute to better global
health.”

“Tuberculosis is one of humanity’s oldest, deadliest, and most persistent diseases. Lupin is the largest supplier of first-line anti-TB drugs in the world, and we are excited to partner with TB Alliance to help bring new therapies for highly drug-resistant TB to reach individuals and countries where access to these medicines is so urgently needed,” said Naresh Gupta, President API Plus, Lupin.

Lupin intends to commercialize antituberculosis (TB) medicine in approximately 140 countries and territories, including many of the highest TB burden countries around the world.

At around 11.47 AM, Lupin was trading at Rs976.85 per piece up 0.8% on Sensex. The stock was near the day's high of Rs979.55 per piece. 

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