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Lupin receives tentative US FDA approval for Apixaban Tablets, 2.5 mg and 5 mg

 

Mumbai, Baltimore, December 10, 2018: : Pharma major Lupin announced that it has received tentative approval for its Apixaban Tablets, 2.5 mg and 5 mg from the United States Food and Drug Administration (FDA) to market a generic version of Bristol-Myers Squibb Company's Eliquis® Tablets, 2.5 mg and 5 mg.

Lupin's Apixaban Tablets, 2.5 mg and 5mg is the generic version of Bristol-Myers Squibb Company's Eliquis® Tablets, 2.5 mg and 5 mg. It is indicated for:

  • reducing the risk of stroke and systemic embolism in nonvalvular atrial fibrillation.
  • prophylaxis of deep vein thrombosis (DVT), which may lead to pulmonary embolism (PE), following hip or knee replacement surgery.
  • treatment of DVT and PE and
  • reducing the risk of recurrent DVT and PE.

Eliquis® Tablets, 2.5 mg and 5 mg had annual sales of approximately USD 6366 million in the US (IQVIA MAT September 2018).

About Lupin Limited

Lupin is an innovation led transnational pharmaceutical company developing and delivering a wide range of branded & generic formulations, biotechnology products and APIs globally. The Company is a significant player in the Cardiovascular, Diabetology, Asthma, Pediatric, CNS, GI, Anti-Infective and NSAID space and holds global leadership position in the Anti-TB segment.

Lupin is the 13th largest generics pharmaceutical company in terms of market capitalization (30th September 2018, Bloomberg) and the 8th largest generics pharmaceutical company in terms of revenues (30th June 2018, Bloomberg LTM) globally. The Company is the 3rd largest pharmaceutical player in the US by prescriptions for the Total Market (IQVIA MAT September 2018); 3rd largest Indian pharmaceutical company by global revenues (30th June 2018, Bloomberg LTM); 6th largest generic pharmaceutical player in Japan (IQVIA MAT September 2018) and 5th largest company in the Indian Pharmaceutical Market (IQVIA MAT September 2018).

For the financial year ended 31st March, 2018, Lupin's Consolidated sales and Net profits before exceptional items were at Rs. 155,598 million (USD 2.41 billion) and Rs. 13,934 million (USD 216 million) respectively. Please visit http://www.lupin.com for more information. You could also follow us on Twitter - www.twitter.com/lupinglobal

CIN: L24100MH1983PLC029442 Registered Office: Lupin Ltd, 3rd Floor, Kalpataru Inspire, Off Western Express Highway, Santacruz (East), Mumbai 400 055.

 For further information or queries please contact -

Pooja Thakran VP - Corporate Communications
Email: poojathakran@lupin.com
Ph: +91-22-66402531 / 8291013225 Or

Arvind Bothra
Head - Investor Relations
Email:arvindbothra@lupin.com
Ph: +91-22-66402137

Safe Harbor Statement
Eliquis® Tablets, 2.5 mg and 5 mg is a registered trademark of Bristol-Myers Squibb Company (BMS)