Pharma Tips

Lupin buys Mexican firm

By: Pharma News | Views: 1222 | Date: 06-Apr-2015

Lupin Ltd has acquired Mexico’s speciality pharmaceutical company Laboratorios Grin, for an undisclosed sum. The move marks Lupin’s entry into the Mexican and larger Latin American market.

Lupin buys Mexican firm

Lupin Ltd has acquired Mexico’s speciality pharmaceutical company Laboratorios Grin, for an undisclosed sum. The move marks Lupin’s entry into the Mexican and larger Latin American market.

Mexico is one of the fast-growing pharmaceutical markets, valued at over $13.5 billion and growing at 9-10 per cent annually.


Incorporated in 1955, Grin makes and sells branded ophthalmic products, and recorded revenues of approximately $28 million in 2013. The company has over 275 employees.


Vinita Gupta, Lupin’s Chief Executive Officer, said the acquisition is a reflection of Lupin’s commitment to expand into the Latin American market and build its global specialty business. “We see a lot of synergies in this acquisition and plan to bring our ophthalmic pipeline to build the Grin business as well as leverage their commercial presence to enter other promising therapy segments,” she said in a company statement.

Previous Page Next Page

People Searching On This Page:
  • lupin pharma images
  • pithampur company
  • lupin pithampur
  • lupin plant pithampur

Related Pages


Walk in interview for B.Pharm, M. Pharm, BSC, MSC in Lupin Ltd

Walk in interview for B.Pharm, M. Pharm, BSC, MSC in Lupin Ltd

Jobs | Production | Gujarat
Date:
22-May-2017  Views: 62027

Lupin Limited is one of India's largest manufacturers of bulk actives and formulations. The principal bulk actives manufactured by it include Rifampic ...
Sun Pharma, Lupin Recall Over 41,500 Drug Bottles In U.S.

Sun Pharma, Lupin Recall Over 41,500 Drug Bottles In U.S.

News | Pharmaceutical Drugs
Date:
29-Sep-2016  Views: 4749

Domestic drug majors Sun Pharmaceutical Industries and Lupin are recalling 41,737 bottles of three drugs used for various ailments such as high blood ...
Pfizer, Allergan Confirm $160 Billion Merger Deal

Pfizer, Allergan Confirm $160 Billion Merger Deal

News | Pharma Companies
Date:
24-Nov-2015  Views: 1983

Pharmaceutical companies Pfizer and Allergan have announced a record-breaking $155bn (£100bn) deal that looks sure to prompt an international row over ...
Lupin acquires US based Gavis Pharma for $880 million

Lupin acquires US based Gavis Pharma for $880 million

News | Pharma Companies
Date:
31-Jul-2015  Views: 2766

Pharma major Lupin Limited has acquired a US-based privately held research-oriented generic company Gavis Pharmaceuticals LLC and Novel Laboratories I ...
Lupin Acquires Russian Drug Firm Biocom

Lupin Acquires Russian Drug Firm Biocom

News | Pharma Companies
Date:
14-Jul-2015  Views: 2733

New Delhi: Drug major Lupin on Thursday announced the acquisition of Russia's Biocom, marking its foray into the market which is expected to be one of ...
Post Your Comments (No Login Require)
Name : (required)
Email : (required)
Website :

Comment : (required)

26  + 3 =     
Comments
People Searched About:
Lupin Pharma Images   |   Pithampur Company   |   Lupin Pithampur   |   Lupin Plant Pithampur   |  
Google : 219 times | Yahoo : 14 times | Bing : 5 times |