Lupin Launches New Diabetes Drug in the U.S. Market
Lupin launches diabetes drug in U.S. after FDA nod
Business Standard
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Lupin has launched Dapagliflozin and Metformin Hydrochloride extended-release tablets in the U.S. after receiving FDA approval. The drug, aimed at improving glycemic control in adults with type 2 diabetes, comes in various strengths and is bioequivalent to Xigduo XR.
- 01Lupin's new diabetes drug is now available in the U.S.
- 02The product is bioequivalent to Xigduo XR.
- 03Lupin reported a 37.46% increase in net profit for Q3 FY26.
- 04Total revenue from operations rose by 24.26% year-on-year.
- 05The stock price slightly decreased by 0.10% on the BSE.
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Lupin, a global pharmaceutical company based in Mumbai, India, has launched Dapagliflozin and Metformin Hydrochloride extended-release tablets in the United States following approval from the U.S. Food and Drug Administration (FDA). This medication, available in strengths of 5 mg/500 mg, 5 mg/1,000 mg, 10 mg/500 mg, and 10 mg/1,000 mg, is designed to enhance glycemic control in adults with type 2 diabetes and is bioequivalent to Xigduo XR. In financial results for the third quarter of FY26, Lupin reported a 37.46% increase in consolidated net profit, reaching ₹1,175.55 crore (approximately $142 million USD) compared to ₹855.16 crore (approximately $103 million USD) in the same period last year. Additionally, total revenue from operations surged 24.26% year-on-year to ₹7,167.52 crore (approximately $865 million USD). Despite these positive results, Lupin's stock price decreased by 0.10%, closing at ₹2,309.45 (approximately $28 USD) on the Bombay Stock Exchange (BSE).
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The launch of this diabetes medication could provide more treatment options for patients with type 2 diabetes in the U.S., potentially improving health outcomes.
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