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    Lupin: A watershed year for the US business?

    Anubhav Sahu
    June 01, 2020 / 03:47 PM IST
    Lupin: A watershed year for the US business?

    PRO Only Highlights
    -      Quarterly performance largely backed by improved realisations
    -      Medium-term triggers China plus and protectionist measures for tyre industry
    -      Valuations not inexpensive; but improved medium-term outlook

    Anubhav Sahu Moneycontrol Research -Diversified pharma major with a strong focus on complex generics -Plans to launch 56 complex products in the next five years in US market -Q4 sales helped by domestic market, US has improved sequentially -Key factors to watch: three site inspections and traction/approvals for new drugs -Business restructuring to help in post-tax return ratios Lupin (CMP: Rs 869 Market cap: Rs 39,407 crore) is known for its foray into complex generics. It was seen as an emerging Indian pharma MNC and a...

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