Lupin Limited (LUPIN) — Announcement Announcement

· NSE ✨ Positive
📢 Key Event
Lupin's ranibizumab biosimilar approved by U.S. FDA as interchangeable
💡 Investor Takeaway
This approval adds a high-value biosimilar to Lupin's portfolio, enhancing revenue potential in the U.S. ophthalmology market.

Lupin announced U.S. FDA approval of its biosimilar ranibizumab (Ranluspec™) as an interchangeable product for Lucentis, expanding access to wet age-related macular degeneration and other retinal conditions. The approval covers both vial and pre-filled syringe formats in 0.3 mg and 0.5 mg strengths, marking Lupin's second U.S. biosimilar and reinforcing its biotechnology manufacturing capabilities. This development strengthens Lupin's position in the high-growth U.S. biosimilars market and supports long-term growth in complex biologics.

📄 View Original Announcement (PDF)

About Lupin Limited (LUPIN)

Healthcare · Pharmaceuticals & Biotechnology · Listed on NSE

Market Cap: ₹1,04,071.47 Cr P/E: 36.2

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.