This innovative Pharma company launches Thiamine Hydrochloride Injection USP in the United States! Siddharth Mane / 19-Jun, 2023 / Categories: Trending, Mindshare The company holds a leadership position in cardiovascular, anti-diabetic and respiratory segments and is the third-largest pharmaceutical company in the U.S. by prescriptions. Lupin is an innovative pharmaceutical company headquartered in Mumbai, India. It develops and markets a wide range of branded and generic formulations, biotechnology products and APIs in over 100 markets worldwide. The company holds a leadership position in cardiovascular, anti-diabetic and respiratory segments and is the third-largest pharmaceutical company in the U.S. by prescriptions. The company prioritises research and development, investing 7.9 per cent of its revenue in FY23. Lupin, a global pharmaceutical company, has announced the launch of Thiamine Hydrochloride Injection USP, following the approval of its alliance partner Caplin Steriles Limited's ANDA by the U.S. FDA. This injection is therapeutically equivalent to the reference listed drug of Fresenius Kabi USA LLC. The Thiamine Hydrochloride Injection USP had estimated annual sales of USD 35 million in the U.S. according to IQVIA MAT April 2023. DSIJ offers a service 'Large Rhino' with recommendations for Large-Cap stocks based on research and analysis to help subscribers make informed investment decisions. If this interests you, then do download the service details pdf here The company has delivered returns of 36 per cent of the last 1 year and negative returns of 9.5 per cent over the past 3 years. Additionally, the company maintains a healthy dividend payout ratio of 18.2 per cent. On Monday, shares of Lupin Ltd plunged by 0.52 per cent to Rs. 826.55 from its previous close of Rs 830.85. Investors should keep a close eye on this trending pharma stock. Rate this article: 4.0 Tags: pharma companyLupin Ltdlargecap Related articles Rs 55,000 crore orders & Rs 4,69,800 crore order book: This multibagger civil construction company bags new orders from various clients across the globe! Rs 3,912 crore order book and FIIs & DIIs increase stake: This multibagger explosives company reports robust quarterly result; bags biggest order worth Rs 1,853 crore! Rs 4.5 trillion order book: This multibagger infrastructure giant bags a mega order worth more than Rs 15,000 crore; reports impressive quarterly results! Tata Motors sales in top gear; discover the standout segment! 17.66 MT iron ore: This iron & steel company declared the preferred bidder by Department of Mines and Geology! High ROE and high ROCE stock: India’s 2nd largest IT company collaborates with STARK Group to power its digital transformation! Hot stock: This pharma company gets the green light from U.S. FDA for Fluocinolone Acetonide Topical Oil; stock rallies over 4 per cent! 230 per cent returns: This multibagger pharmaceutical company announced approval for a new drug from US FDA; do you own it? Rs 3.99 trillion order book: This infrastructure giant bags huge work orders worth Rs 7,500 crore; hits fresh 52-week high! Mega market player seals game-changing deal with Nokia: Powering the future of telecommunications! This global biotech company receives tentative approval from US FDA! This multibagger electric equipment company gives 3,700 per cent returns in just 3 years! Sensex almost touches 64,000: Keep an eye on these stocks that gave multibagger returns in just 1 year! Mega market player acquires additional stake worth Rs 54 crore; do you own it? BPEA EQT and ChrysCapital to acquire 90 per cent stake in this financial services sector company which is the largest ever private equity buyout transaction! Rs 3.99 trillion order book: This infrastructure giant bags huge work orders worth more than Rs 1000 crore! This telecom company powers 5G access to the Kochi water metro route! This telecom company partners with the Ministry of Education to power Government of India’s Ed-Tech platform-DIKSHA! This company signs a Power Delivery Agreement (PDA) to procure 200 MW of solar renewable power! 52-week high alert: This automobile company reports a 107 per cent increase in its domestic commercial sales YoY! Comments are only visible to subscribers.