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Published on 18/09/2020 5:03:19 PM | Source: Angel Broking Ltd

Quote on Luping & Cipla Ltd Mr. Yash Gupta - Equity Research Associate, Angel Broking Ltd

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Below is the Quote on Luping & Cipla Ltd Mr. Yash Gupta - Equity Research Associate, Angel Broking Ltd

“Positive news for Lupin and Cipla - after 6 months of launch of gProAir by Perrigo, company has announced voluntary recall of gProAir (Albuterol Sulfate) in the US. Corrective actions are underway and a definitive timeline for reintroduction has not yet been determined. This announcement of recall of Albuterol by Perrigo comes as a positive for Lupin and Cipla, while cipla launched albuterol in April 2020 and Lupin expected launch albuterol in this month.”

 

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