Lupin Diagnostics opens its First Reference Laboratory in Ranchi; stock rises

20 Jul 2022 , 09:16 AM

Lupin Limited (Lupin) announced the opening of Lupin Diagnostics’ first Reference Laboratory in Ranchi. Ranchi’s new Reference Laboratory can perform a wide range of routine and specialized tests in molecular diagnostics, cytogenetics, flow cytometry, histopathology, cytology, microbiology, serology, hematology, immunology, and routine biochemistry.

Lupin Diagnostics will provide accurate diagnoses to doctors throughout the patient journey by leveraging innovative technologies for enhanced patient care. Preventive health check-ups, home collection, and testing centres are now available in Jharkhand at ten locations.

“We are excited to expand our diagnostics services, which include an exhaustive range of tests and curated health check packages, to the Jharkhand market,” said Ravindra Kumar, Vice President, and Head – of Lupin Diagnostics.

He further added, “The opening of our Reference Laboratory in Ranchi is an important step toward providing high-quality diagnostics that will allow doctors to accurately diagnose patient health, make safer interventions, and improve patient outcomes.”

Lupin Diagnostics has established a reference laboratory in Ranchi, Jharkhand, to serve East India comprehensively, following the establishment of processing laboratories in Assam, West Bengal, and Bihar. Lupin Diagnostics currently has over 100 LupiMitra (Lupin’s franchise collection centres) enrolled for its East India operations.

At around 9.20 AM, Lupin was trading at Rs646.15 up by Rs2.85 or 0.44% from its previous closing of Rs643.30 on the BSE. The scrip opened at Rs645.25 and has touched intraday high and low of Rs646.85 and Rs643.45 respectively.