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Lupin Reports Near 300% Profit Growth Coupled With Launches

The Company Expects To Maintain US Sales Above $200m Per Quarter

 
• By Adam Zamecnik

The Indian generics manufacturer has reported a nearly 300% year-on-year growth in profits in Q3, as it starts to see the impact of its Spiriva generic’s launch in the US.

India flag next to tablets and capsules
The Indian Generics Producer Reported High Growth • Source: Shutterstock

Lupin has reported a nearly 300% year-over-year growth in profits in its financial third quarter on the back of new launches, despite the ongoing impact of unrest in the Red Sea.

Specifically, the company has singled out the impact of its seasonal products and its respiratory portfolio, which includes the recently approved and launched generic to

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