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Generic Glumetza Scripts Lupin's Strong US Run

 
• By Anju Ghangurde

Lupin Ltd. has reported stellar numbers for the fourth quarter ended March 2016, buoyed by US sales of its generic version of Glumetza (metformin HCL extended-release tablets), the Valeant Pharmaceuticals International Inc. drug dumped earlier this year by pharmacy benefits manager, Express Scripts Holding Co.

The fourth quarter saw nine product launches in the US - the most the Indian firm has had so far in a quarter – and while several products contributed to growth, generic Glumetza launched in February was the "most significant" and did extremely well, Lupin's CEO Vinita Gupta told Scrip

"We partnered with Express Scripts and they decided to promote our generic just given the savings that we could bring to the payers and the market. That helped us tremendously...

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