Lupin does it again

Shital Jibhe / 16 Feb 2017

Lupin does it again

The Indian pharmaceutical company, Lupin has announced that the Company has received USFDA approval for ANDA Hydrocodone Bitartrate and Homatropine Methylbromide Oral Solution (syrup), 5 mg/1.5 mg per 5 ml, Generic of Hycodan Oral Solution and 5 mg/1.5 mg per 5 mL of Endo Pharmaceuticals.

The Indian pharmaceutical company, Lupin has announced that the Company has received USFDA approval for ANDA Hydrocodone Bitartrate and Homatropine Methylbromide Oral Solution (syrup), 5 mg/1.5 mg per 5 ml, Generic of Hycodan Oral Solution and 5 mg/1.5 mg per 5 mL of Endo Pharmaceuticals.
 
In a period of one year, the stock has delivered negative returns of 17.99 per cent and underperformed the BSE Sensex and BSE Healthcare index.
 
Lupin Limited is a transnational pharmaceutical company based in Mumbai. It is the seventh-largest company by market capitalisation and the tenth largest generic pharmaceutical company by revenue globally.

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