Lupin-Italian co pact to launch Lupenox in India

Drugmaker Lupin Ltd said on Monday it has signed a licensing agreement with leading Italian pharmaceutical company ItalFarmaco for marketing its cardiovascular critical care product in the Indian market.

Under the agreement, Lupin would exclusively market Enoxaparin Sodium Injection in pre-filled syringes under the brand name 'Lupenox', it informed the stock exchanges.

"Lupin has always made quality products affordable to Indian patients. Our tie-up with ItalFarmaco is yet another effort in this direction. We believe Lupenox, being a superior quality product sourced from ItalFarmaco's USFDA approved facility, will serve the needs of patients better," the company's president (India Region Formulations) Sakti Chakraborty said.

Lupin's shares were trading at Rs 1,220.15, up 3.40per cent, at the BSE.

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