Lupin Hit By US Settlement, Japan Injectables Selloff
Goa And Somerset Plants Are Up For Re-inspection By March
Despite 10% revenue growth, Lupin ended up with a second-quarter loss from a one-time charge from settling a US lawsuit and the sale of its Japan injectables business. The firm is now counting on levothyroxine and secnidazole to carry it through the next few quarters, amid speculation that it might divest its Japanese subsidiary.
