tiprankstipranks
Advertisement
Advertisement

Lupin launches generic Xigduo XR in U.S. diabetes market

Story Highlights
  • Lupin has introduced FDA-approved Dapagliflozin and Metformin ER tablets in the U.S.
  • The launch strengthens Lupin’s position in the U.S. anti-diabetic market and supports growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lupin launches generic Xigduo XR in U.S. diabetes market

Meet Samuel – Your Personal Investing Prophet

The latest update is out from Lupin Limited ( (IN:LUPIN) ).

Lupin Limited has launched Dapagliflozin and Metformin Hydrochloride Extended-Release tablets in the U.S. market, following U.S. FDA approval of its Abbreviated New Drug Application as a bioequivalent version of AstraZeneca’s Xigduo XR. The product will be available in four strengths, broadening Lupin’s U.S. diabetes portfolio and reinforcing its presence in the competitive anti-diabetic segment, a core therapeutic area for the company and a key driver of its global growth strategy.

More about Lupin Limited

Lupin Limited is a global pharmaceutical leader headquartered in Mumbai, India, with products distributed in more than 100 markets. The company focuses on branded and generic formulations, complex generics, biotechnology products, and active pharmaceutical ingredients, holding strong positions in India and the U.S. across key therapeutic areas such as respiratory, cardiovascular, anti-diabetic, anti-infective, gastrointestinal, central nervous system, and women’s health.

Average Trading Volume: 30,261

Technical Sentiment Signal: Buy

Current Market Cap: 1069.4B INR

For a thorough assessment of LUPIN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1