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Lupin Limited announced that the Goods & Service Tax Department, Maharashtra, has concluded inspection and search proceedings at its registered office on March 2, 2026. The company confirmed that no adverse findings were issued and clarified that the proceedings have no impact on its financials.
Breckenridge Pharmaceutical, Inc., a U.S. subsidiary of Towa International, has announced the launch of Pomalidomide Capsules, a generic version of Pomalyst® by Bristol Myers Squibb. Developed in collaboration with NATCO Pharma Limited of India, the product is available only through the PS-Pomalidomide REMS Program, reinforcing patient safety and access.
Cupid Breweries and Distilleries Ltd has approved major strategic moves including the acquisition of 100% stake in Rinpoche Spirits, allotment of shares via swap deals, purchase of a large Alcobev unit in Odisha, and opening of branch offices across five Indian states to strengthen operations and market presence.
Cipla Limited has announced a 60:40 joint venture with Kemwell Biopharma to develop, manufacture, and commercialize biologic products for global markets. Both partners will invest up to INR 10 crores in their respective JV ratio, marking a significant step in Cipla’s biologics expansion strategy.
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