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Lupin Ltd — Capital/Financing Update 2022
Oct 7, 2022
61031_rns_2022-10-07_0ad33339-a2ec-4339-9b23-32ef44969c26.pdf
Capital/Financing Update
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October 7, 2022
BSE Limited
Department of Corporate Services, P. J. Towers, Dalal Street, MUMBAI - 400 001.
National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051.
Dear Sir/Madam,
Sub: Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations).
We are pleased to enclose a Press Release as regards, Company having reached an agreement with Unitaid, The Aurum Institute, the Clinton Health Access Initiative and other global procurement agencies to support tuberculosis prevention treatment that will be rolled out to 138 countries, including many lowand middle-income countries with a large burden of TB.
This may kindly be considered as a disclosure pursuant to Regulation 30 of the Listing Regulations.
The above is for your information and dissemination.
Thanking you,
For LUPIN LIMITED
Digitally signed by Rajvardhan Vishnu Satam DN: c=IN, st=Maharashtra, 2.5.4.20=c19d8ef961d9fa59e973a093a4d3924b2532eb2f Rajvardhan 496ea7e2abcf74700f5375b7, postalCode=400104, street=2404,SEJAL TOWER,SEJAL PARK,LINK ROAD,GOREGAON WEST,Mumbai,Motilal Vishnu Nagar,Borivali,Mumbai Suburban, pseudonym=9a4b7cd219ea516ad56e6d651dcbbe5b, title=0191, serialNumber=df8ebe60a88c796663c738ea25bfa0b475d 195f726cdb67a2ff09c4242771b2a, o=Personal, Satam cn=Rajvardhan Vishnu Satam Date: 2022.10.07 11:40:03 +05'30' R. V. SATAM COMPANY SECRETARY (ACS - 11973)
Encl: a/a
Registered Office: 3[rd] Floor, Kalpataru Inspire, Off W. E. Highway, Santacruz (East), Mumbai - 400 055 India. Tel: (91-22) 6640 2323. Corporate Identity Number: L24100MH1983PLC029442 www.lupin.com
www.lupin.com
Press Release
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BSE: 500257 NSE: LUPIN REUTERS: LUPIN.BO BLOOMBERG: LPCIN
Lupin Partners with Global Agencies to Increase Patient Access to Tuberculosis Prevention Treatment
Makes Rifapentine based treatment available at an affordable price to support TB prevention in low-and middle-income countries
Mumbai, October 7, 2022: Global pharma major, Lupin Limited (Lupin) announced that it has reached an agreement with Unitaid, The Aurum Institute, the Clinton Health Access Initiative (CHAI), and other global procurement agencies to support tuberculosis prevention treatment that will be rolled out to 138 countries, including many low-and middle-income countries with a large burden of TB.
Through this agreement, Lupin will introduce two new formulations, a fixed-dose combination of Rifapentine + Isoniazid and Rifapentine 300 mg standalone tablets, at an affordable price. As a global leader in anti-TB medicines, Lupin is committed to ensuring its products are widely available in all countries and there is equitable access to treatment globally.
“We are committed to enhancing the global access to affordable and high-quality drugs and APIs for the treatment of tuberculosis. We are glad to partner on these important products as this closely aligns with our mission of building better health, globally. Through this, we will further reinforce our long legacy to provide shorter, more patient-friendly treatment options to prevent TB,” said Nilesh Gupta, Managing Director, Lupin.
“Lupin continues its accelerated efforts in line with WHO’s The End TB Strategy program. Our expertise in fermentation-based products and backward integration for Rifapentine, enables us to be in a unique position to provide affordable, quality TB prevention and treatment options, and save lives globally,” said Naresh Gupta, President – API and Global Institution Business, Lupin.
About Lupin
Lupin is an innovation-led transnational pharmaceutical company headquartered in Mumbai, India. The Company develops and commercializes a wide range of branded and generic formulations, biotechnology products, and APIs in over 100 markets in the U.S., India, South Africa, and across the Asia Pacific (APAC), Latin America (LATAM), Europe, and Middle East regions.
The Company enjoys a leadership position in the cardiovascular, anti-diabetic, and respiratory segments and has a significant presence in the anti-infective, gastrointestinal (GI), central nervous system (CNS), and women’s health areas. Lupin is the third-largest pharmaceutical company in the U.S. by prescriptions. The company invested 8.7% of its revenue in research and development in FY22.
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Press Release
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BSE: 500257 NSE: LUPIN REUTERS: LUPIN.BO BLOOMBERG: LPCIN
Lupin has 15 manufacturing sites, 7 research centers, more than 20,000 professionals working globally, and has been consistently recognized as a ‘Great Place to Work’ in the Biotechnology & Pharmaceuticals sector.
Please visit www.lupin.com for more information. Follow us on Twitter: https://twitter.com/LupinGlobal LinkedIn : https://www.linkedin.com/company/lupin Facebook: http://www.facebook.com/LupinWorld/
For further information or queries please contact:
Shweta Munjal
Vice President & Global Head – Corporate Communications Email: [email protected]
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