Lupin Sharpens Focus With Carve-Out Of Indian Trade Generics Business

Indian Firm Looks To Achieve ‘Agility, Better Focus And Growth’ With Transaction

Lupin has announced plans to carve out its trade generics business in India to its Lupin Life Sciences Limited subsidiary, as part of efforts to achieve “agility, better focus and growth” for the unit.

Lupin website under magnifying glass
Lupin is carving out its trade generics business in India • Source: Shutterstock

Lupin has become the latest Indian player to shine a spotlight on its domestic trade generics business, announcing plans to carve out the unit “as a going concern, on a slump sale basis, to Lupin Life Sciences Limited, a wholly owned subsidiary of the company.”

The Indian trade generics business – which achieved sales of around INR2.78bn ($33m) in Lupin’s most recent financial year, representing...

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