Image Source: ET Pharma
Lupin, through its subsidiary Lupin Atlantis Holdings SA, has entered into a licensing and supply agreement with Spain-based Galenicum Health for injectable Semaglutide. Covering 23 countries including Canada, Europe, Southeast Asia, and Latin America, the deal strengthens Lupin’s diabetes and obesity care portfolio, with Galenicum handling development and Lupin commercialization.
Show more
Lupin Ltd. has announced a strategic partnership with Galenicum Health to expand its global presence in diabetes and obesity care. The agreement, signed via Lupin Atlantis Holdings SA, focuses on injectable Semaglutide, a GLP-1 receptor agonist widely recognized for its effectiveness in managing diabetes and weight reduction.
Key Highlights:
-
Geographic Scope: The agreement spans 23 countries, including Canada, Europe, Southeast Asia, and Latin America.
-
Role Allocation:
-
Galenicum Health will oversee development, manufacturing, and supply.
-
Lupin will manage regulatory submissions, approvals, commercialization, and distribution.
-
Strategic Value: Strengthens Lupin’s portfolio in the fast-growing GLP-1 therapy segment.
-
Market Expansion: Enables Lupin to leverage its commercial presence beyond India into high-demand regions.
-
Therapeutic Importance: Semaglutide is considered a breakthrough therapy, offering improved glycemic control and weight management benefits.
This collaboration highlights Lupin’s ambition to become a global leader in chronic disease management, while Galenicum’s expertise ensures robust development and supply capabilities.
Sources: CNBC-TV18, Business Standard, Reuters
Stay Ahead – Explore Now!
Univastu India Strengthens Market Position With ₹90M Contract Win
Advertisement
Advertisement