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Lupin Launches Propranolol Long-Acting Capsules to Improve Heart Health in Canada

Posted On : 2023-08-29 22:41:19( TIMEZONE : IST )

Lupin Launches Propranolol Long-Acting Capsules to Improve Heart Health in Canada

Lupin Pharma Canada Ltd., a wholly-owned subsidiary of Lupin Limited (Lupin), today announced the launch of Propranolol LA (long-acting) capsules, 60 mg, 80 mg, 120 mg and 160 mg, in Canada. Propranolol LA is a generic equivalent of Inderal® LA, it provides an effective treatment solution since the discontinuation of Inderal® LA for patients and healthcare practitioners. Propranolol LA's launch caters to the needs of Canadian patients, reaffirming Lupin's commitment to enhancing healthcare access and affordability.

The launch of Propranolol LA, the sole extended-release formulation of Propranolol accessible to Canadian patients following the discontinuation of Inderal® LA, has led to significant progress in fulfilling patient unmet needs. This extended-release variant not only ensures consistent alleviation of symptoms but also enhances patient adherence and overall quality of life.

"We are delighted to announce the launch of Propranolol LA capsules for patients in Canada. We have diligently worked to build our portfolio to include Propranolol LA ensuring patients have access to the essential medicines. This launch signifies our commitment to fostering healthcare solutions that truly make a difference," said Dr. Sofia Mumtaz, President - Legal, Canada, Australia, and Japan, Lupin.

Lupin encourages patients to consult healthcare practitioners or pharmacists regarding the transition to Propranolol LA.

Shares of Lupin Limited was last trading in BSE at Rs. 1097.05 as compared to the previous close of Rs. 1108.25. The total number of shares traded during the day was 54123 in over 2656 trades.

The stock hit an intraday high of Rs. 1119.95 and intraday low of 1090.30. The net turnover during the day was Rs. 59712884.00.

Source : Equity Bulls


Lupin INE326A01037 Propranolol LongActingCapsules HeartHealth Canada