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gSpiriva Delivers First Mover Advantage In US, Lupin Plans Europe Launch

Lucentis Biosimilar Filing Seen In FY25

 
• By Vibha Ravi

Lupin’s Q2 margins jumped post launch of the first Spiriva generic in the US, encouraging launch plans for Europe and Canada. With four out of five plants clearing a regulatory overhang from earlier warning letters, the specialty engine is revving up though competition in first-to-file products launched earlier could dampen margins somewhat

Growth Upward Trajectory
Lupin - On A Growth Trajectory • Source: Shutterstock

Lupin Limited’s Q2 FY24 earnings saw an anticipated boost to gross margins post the launch of a much-awaited first generic to Boehringer Ingelheim GmbH’s Spiriva Handihaler (tiotropium bromide) in the US in August.

Having achieved a 25% substitution rate, the company aspires to attain a steady state share of 35-40% over a year or so given the low likelihood of competition for generic Spiriva (gSpiriva) in the

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