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Lupin receives U.S. FDA approval for Fosaprepitant for Injection

Posted On: 2019-09-06 23:36:04

Pharma major Lupin Limited (Lupin) has received approval for its Fosaprepitant for Injection, 150 mg Single-Dose Vial, from the United States Food and Drug Administration (U.S. FDA).

Lupin's Fosaprepitant for Injection, 150 mg Single-Dose Vial, is the generic version of Emend® for Injection, 150 mg Single-Dose Vial, of Merck Sharp & Dohme Corp. (Merck). It is indicated for adults in combination with other antiemetic agents, fo r the prevention of:

- acute and delayed nausea and vomiting associated with initial and repeat courses of highly emetogenic cancer chemotherapy (HEC) including high-dose cisplatin.

- delayed nausea and vomiting associated with initial and repeat courses of moderately emetogenic cancer chemot herapy (MEC).

Fosaprepitant for Injection, 150 mg Single-Dose Vial, had annual sales of approximately USD 285 million in the US (IQVIA MAT June 2019).

Shares of LUPIN LTD. was last trading in BSE at Rs.772.25 as compared to the previous close of Rs. 765.55. The total number of shares traded during the day was 66398 in over 1735 trades.

The stock hit an intraday high of Rs. 774.85 and intraday low of 757.5. The net turnover during the day was Rs. 51008015.


Source: Equity Bulls

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