Lupin to introduce product in new segment every year
India's leading Pharmaceutical Company Lupin has informed that it will launch a product in a new segment every year. The drug maker is expected to enhance its stand in the countries like US, Japan along with the Indian market.
For this it need several fresh products and for every segment as well. The coming years are expected to be prospective for the company so far as annual growth is concerned. The company has also said that it will launch an oral contraceptive product in the next fiscal year. This will be a new product from the company in that segment.
Lupin's Group President and Executive Director, Mr. Nilesh Gupta has informed that the company is looking forward to expand its business with some new products in new segments. The oral contraceptive product is about to come.
After that the company is also looking to come up with an ophthalmic product in the next two years. The company is also concentrating on its international operations. It is also planning to launch some new products in the US market.