logo
Lupin launches generic chronic constipation treatment drug in US

Lupin launches generic chronic constipation treatment drug in US

Time of India26-06-2025
Pharma major
Lupin
Ltd on Thursday said it has launched its generic version of
Prucalopride
tablets used to treat
chronic idiopathic constipation
in the US market after the recent approval by the country's health regulatory.
The Mumbai-based company has launched Prucalopride tablets of strengths 1 mg, and 2 mg in the US, following the recent approval of its abbreviated new drug application (ANDA) from the USFDA,
Lupin
said in a regulatory filing.
These Prucalopride tablets are bioequivalent to
Motegrity tablets
, 1 mg and 2 mg, of
Takeda Pharmaceuticals
U.S.A. Inc and are indicated for the treatment of chronic idiopathic constipation (CIC) in adults, it added.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Play War Thunder now for free
War Thunder
Play Now
Undo
Citing IQVIA MAT April 2025 data, the company said Prucalopride tablets, 1 mg and 2 mg, had estimated annual sales of USD 184 million in the US.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Nuvama sees 40% upside in THIS multibagger stock. Should you buy?
Nuvama sees 40% upside in THIS multibagger stock. Should you buy?

Mint

time28 minutes ago

  • Mint

Nuvama sees 40% upside in THIS multibagger stock. Should you buy?

Multibagger stock: Brokerage firm Nuvama has initiated coverage on AGI Infra with a 'buy' recommendation due to ongoing and upcoming projects, anticipated high cash flows, and increasing demand for residential property. Shares of the construction company closed 1.29 per cent higher at ₹ 1,066.9 on the BSE index after Friday's stock market session, compared to ₹ 1.053.35 at the previous market close. 'We initiate coverage with a 'BUY' rating and a TP of INR1,448, valuing the stock at 1x FY26E NAV. AGI Infra (AGIIL) is among the few reputed real estate players in Punjab, with a dominant presence in Jalandhar, aided by a strong track record of well-received, high-quality projects,' Nuvama said. Operating in a market with limited branded competition, it has built a presence and is expanding into high-demand markets throughout Punjab. With a solid project pipeline and a large, well-situated land bank, it is estimated to benefit from Punjab's rising housing demand, according to the brokerage firm. Nuvama further expects that the ongoing and upcoming residential projects will generate a gross cash flow of ₹ 8,282 crore and a net cash flow of ₹ 2,060 crore. It has been recommended to buy with a target price of ₹ 1,448, an upside of 36%. AGIIL is a Punjab-based real estate developer with presence in cities such as Jalandhar, Ludhiana, Chandigarh, and Mohali. It has delivered over 10 projects. Primarily focused on residential real estate, it is also engaged in the commercial sector. Currently, it has 10 ongoing projects with a total saleable area of 11.32 million square feet, of which 4.98 million square feet remains available for sale. For the financial year ended on March 31, 2025, the company reported a net profit of ₹ 67 crore, compared to ₹ 52 crore posted in the previous year. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.

Aditya Infotech launches Rs 1,300 crore IPO
Aditya Infotech launches Rs 1,300 crore IPO

Time of India

timean hour ago

  • Time of India

Aditya Infotech launches Rs 1,300 crore IPO

Aditya Infotech launches Rs 1,300 crore IPO MUMBAI: Aditya Infotech, the company behind CP Plus CCTV cameras, has begun testing investor interest for its Rs 1,300 crore initial public offering (IPO) amid growing investor participation in Indian equity issuances. Aditya Infotech, in which Dixon Technologies holds a minority stake, will accept bids from July 29 to July 31, according to IPO launch details shared by the company. Aditya Infotech will sell each share at a price range of Rs 640 to Rs 675. At the upper end of the price band, the company is valued at Rs 7,912 crore. Founder Aditya Khemka and his family own about 93% of the company, which was established in 1994, just after India opened its economy in 1991. Dixon holds roughly 7% in Aditya Infotech, with vice chairman and MD Atul Behari Lall sitting on its board. The IPO comprises a fresh issue of Rs 500 crore and an offer for sale (OFS) of Rs 800 crore by the Khemkas. Shares are expected to list on August 5. After the IPO, the founding family's stake in the company will drop to around 77%. India's IPO market has experienced significant growth in recent years on the back of a robust secondary market, positioning the nation among the top five IPO markets globally. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Up to 70% off | Shop Sale Libas Undo Aditya Infotech intends to use the IPO proceeds to pay off Rs 375 crore of debts. Its borrowings exceed Rs 400 crore. Its profit zoomed 205% to Rs 351 crore in FY25 and revenue grew about 12% to Rs 3,112 crore during the same period. The company has a 21% market share of India's video surveillance industry, which was valued at Rs 10,620 crore in FY25 and is projected to double by FY30. Aditya Infotech, world's third largest manufacturer of surveillance products, boasts a production capacity of over 15 million units in Kadapa, Andhra Pradesh and employs about 3,200 people. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

Govt signs MoUs worth Rs5k cr to develop 2,357MW green power
Govt signs MoUs worth Rs5k cr to develop 2,357MW green power

Time of India

timean hour ago

  • Time of India

Govt signs MoUs worth Rs5k cr to develop 2,357MW green power

Patna: In a major push for clean energy, the state energy department on Saturday signed four memorandums of understanding (MoUs) with prominent power companies engaged in renewable energy and pumped storage to develop 2,357MW of green power, involving an estimated investment of Rs 5,337 crore. The MoUs were formalised during the launch of two ambitious policies — the Bihar Policy for Promotion of New & Renewable Energy Sources 2025 and the Bihar Policy for Promotion of Pumped Storage Project 2025 — at an event held at Gyan Bhawan. These policies are aimed at fostering green energy development and attracting major investment into the sector. The renewable energy policy is expected to unlock massive opportunities in solar, wind, biomass and newer technologies like green hydrogen and pumped storage systems. Energy minister Bijendra Prasad Yadav formally launched the two policies in the presence of industries minister Nitish Mishra, additional chief secretary of the industries department Mihir Kumar Singh, energy secretary Manoj Kumar Singh and the managing director of Bihar State Power Generation Company Ltd (BSPGCL) Mahendra Kumar. Several industry leaders and public sector representatives were also present. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo Among the MoUs signed, the BSPGCL partnered with L&T to establish a 116MW/241 MWh battery energy storage project at Kajra in Lakhisarai with an investment outlay of Rs 837 crore. It also signed an MoU with NTPC Green to develop a 1,000MW battery energy storage system (BESS) with an estimated cost of Rs 1,500 crore. Separately, the Bihar Renewable Energy Development Agency (BREDA) inked an MoU with Avaada Group to develop 1,000 MW of ground-mounted and floating solar projects, subject to feasibility. BREDA also joined hands with SECI Ltd to set up floating solar and other renewable energy projects, cumulatively valued at Rs 3,000 crore. Addressing a gathering of representatives from leading renewable energy firms, PSUs and industry stakeholders, energy minister Yadav urged investors to look towards Bihar's growing potential. "We want to tap solar energy, a non-conventional source, for Bihar's development. For this, we have introduced a new policy. The policy is aimed at protecting our future generations. We need investment in the renewable energy sector for the country's development and the creation of employment opportunities," Yadav said. He added, "We must reduce carbon emissions to mitigate the effects of global warming and safeguard human lives." Urging industry not to be swayed by isolated incidents of crime, Yadav said, "Come and invest in Bihar. If required, we are open to amending the policy in future. Don't judge the state by a few incidents. Bihar has made significant progress."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store