| Mar-2025 | Dec-2024 | Sep-2024 | Jun-2024 | Mar-2024 | |
|---|---|---|---|---|---|
Promoter | - | - | - | - | - |
Foreign | 0.28% | 0.28% | 0.28% | 0.28% | 0.28% |
Indian | 46.63% | 46.66% | 46.67% | 46.7% | 46.72% |
Total Promoter | - | - | - | - | - |
Institutions | 46.87% | 46.78% | 46.6% | 46.1% | 46.05% |
Non-Institutions | 6.2% | 6.26% | 6.43% | 6.91% | 6.93% |
Total Non-Promoter | 53.08% | 53.04% | 53.03% | 53.01% | 52.99% |
Custodian | 0% | 0% | 0% | 0% | 0% |
Total | 100% | 100% | 100% | 100% | 100% |
This is eligible for 180 days of generic drug exclusivity. The company will manufacture the product at its facility situated in India.
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The tablets will be made at the company’s Goa facility, a site that has previously cleared global regulatory inspections and supports Lupin’s key exports.
The company said this deal fits into its larger strategy of expanding respiratory therapies beyond its home markets.
StainCares added that partnership plans to enhance its biosimilar portfolio and back cost-effective healthcare in Latin America.
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The drug will be manufactured at Lupin's facility in Nagpur, India, and the company has announced plans for a near-term launch in the U.S. market.
The clearance is on the back of a four-day USFDA inspection between June 10 and June 13, 2024.
The acquisition enhances Lupin’s portfolio of branded medicines and is aimed at furthering the company’s commitment to providing affordable and sustainable healthcare solutions.
Lupin said the tablets would be made at its Goa facility, which would bolster its global manufacturing capabilities and continued dedication to delivering affordable medications.
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