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LUPINNSELupin Limited· Pharmaceuticals & BiotechnologyHighPositive
Announced Tue, 7 Apr, 2026 · 21:21 IST

Lupin Limited has informed the Exchange regarding a press release dated April 07, 2026, titled "Lupin Announces the Approval of Dapagliflozin Tablets in the United States".

Regulatory product approvalBusiness Updates View source PDFExplain this filing

LUPIN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
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₹2295.00
prior close
₹2335.30
announcement price
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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+4.0%-4.0% vs market
Pharmaceuticals peers, median of 157sector+2.7%-2.7% vs sector

On the reaction day the stock moved 4.0 pts less than Nifty Midcap 150 and 2.7 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Lupin Limited has received approval from the U.S. FDA for its Abbreviated New Drug Application for Dapagliflozin Tablets in 5 mg and 10 mg dosages. The approved product is bioequivalent to Farxiga, which is AstraZeneca's brand-name medication. Dapagliflozin is used for diabetes treatment indications. This approval allows Lupin to launch a generic version of this widely-used medication in the United States market, which is a significant milestone for the company's US portfolio expansion.

Likely market impact

This FDA approval is positive for Lupin as it enables the company to enter the US market with a generic version of a popular diabetes drug, potentially creating a new revenue stream and strengthening Lupin's position in the US pharmaceutical market.