Lupin seeks FDA help to nix challenge
Nov 01 2009 , kolkata
It has asked FDA not to approve any application for cefixime (the generic name of Suprax) in oral suspension unless it meets the same standards that the Lupin drug had to meet.
Among its potential competitors are Orchid of Chennai, which has made a filing, and the Delhi-based Nectar Lifesciences, which plans to.
The petition was filed on October 22. Suprax saw gross sales of $74 million (Rs 350 crore) in 2008-09, Lupin told investors in a May presentation.
Lupin got the licence for the drug from Fujisawa in 2003-04 and came up with many variants to raise entry-barriers for others. But Suprax is a product on which the patent has already expired and any company can make and market it.
Orchid has already filed an application relating to cefixime in the US and expects its product to kick in next year. Nectar too has similar plans.
“Lupin had to meet very stringent requirements to get the FDA approval and wants to ensure that all other applicants meet these same requirements,” a company spokesperson told Financial Chronicle.
If similar drugs from other companies have easy access to the market, it will impact Lupin’s sales of Suprax in the US.
“If competitors (like Orchid) launch the product, Lupin is expected to protect its turf,” pharmaceutical analyst Manoj Garg of the brokerage, Emkay Global Financial Services, said.
Around 8 per cent of Lupin's 2009-10 sales are expected to come from Suprax, Ravi Agarwal, a pharmaceutical analyst at Edelweiss, said in an October 26 note.


















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