The Silicon Review
The pharmaceutical industry is setting up new trends in the field of pharmacy and Biological sciences. The main of the firm is to discover and develop new drugs and to bring them into the market. Pharmaceutical industry aims to bring in new discoveries such as vaccines, pills and other generic medicines. It mainly deals with medications and medical devices. They do hold patenting rights on certain medications; they also perform efficient drug testing, drug safety tests, and marketing of the newly formulated drugs.
The pharmaceutical industry plays a vital role in the field of Life Sciences. One's such pioneer pharmaceutical industry which is leading with an example is Lupin. It was founded in the year 1968 by Dr. DeshBandhu Gupta. The main purpose of starting the firm was to fight life-threatening, infectious diseases with affordable and high-quality drugs of the highest social priority, inimitable commitment, and passion.
The organization is one of the fastest-growing Generic pharmaceutical companies around the world.The name ‘Lupin’ was inspired by the flower Lupin which is known to nourish the soil it grows in and which is also tolerant to infertile soils and is capable of changing the barren and poor climatic condition.
Products Manufactured by the company
Lupin is recognized as one of the world's largest manufacturers of Tuberculosis drugs. The firm has significant market share across multiple therapy areas such as Cardiovascular (pills and statins), Diabetology, Asthma, Paediatric, Central Nervous System (CNS), Gastro-Intestinal (GI), Anti-Infective (AI) and Non-Steroidal Anti-Inflammatory Drugs (NSAIDs).
Research at Lupin
The world of life sciences is converging like never before and the convergence of pharmaceutical, biotechnology, and medical technology would improve outcomes that could dramatically alter drug development and drug targeting. At Lupin, they use advanced technologies, scientific breakthroughs, and partnerships that enable the firm to advance research and development towards building a diversified portfolio and gain a leadership position in important new product introductions. The company’s Research & Development helps in building a solid foundation to become a Complex Generics, Biosimilars, and Specialty frontrunner.
Lupin has a deep-rooted commitment to drive cutting-edge research and build world-class capabilities in manufacturing, supply chain, and commercialization to meet the pressing needs in medical care. The firm believes in commitment to embrace superior quality, unyielding integrity and strict compliance across business operations.
The firm has established a well-balanced global business in both advanced and developing markets. Our investments are well-calibrated towards developing meaningful Generic products, Complex Generics and Specialty. Our inherent strength of entrepreneurship, agility, and innovation are the key differentiators thatlead us towards the next growth orbit. The firm has its manufacturing units spread across India, the US, Japan, Mexico, and Brazil.
The firm has started its own foundation named The Lupin Foundation which helps to develop the rural sectors. Some of them include;
The firm is creating more employment opportunities particularly for unemployed youth and women, and also strengthening primary occupations like agriculture and animal husbandry through increased output & value addition, and providing secondary occupations such as cottage industry, handicrafts, and service sector through quality enhancement and wider market acceptability
The firm is focusing to develop proper social, cultural, scientific and spiritual attitude amidst rural community and instill in villagers an urge and keenness to work for their own development
To create basic infrastructure facilities for the community such as Provision for drinking water, Building internal roads, Basic sanitation, Formal education, Community centers, Electrification
Lupin's foundation closely works with central and state governments and their departments as well as with international organizations to achieve its objectives. The convergence and collaboration are an integral part of its strategy.
Filed a new drug application for EtanerceptBiosimilarIn Japan, acquiredSymbiomix Therapeutics, LLC In New Jersey, expandedIts branded play with exclusive US Rights to Alinia for oral suspensions, entered the NIFTY 50 Index, commissioned Injectable facility at Nagpur and has achieved several other feats.
The staunch behind the domicile of Lupin
Dr. DeshBandhu Gupta, the Founder and Former chairperson of Lupin is a pioneer in the field of Chemistry. The firm was his dream, journey,and belief. He holds a postgraduate degree in Chemistry from Bombay University. He started Lupin in the year 1968, with his wife, Mrs. Manju Gupta and has served as the first investor with an investment of INR 5,000. To him, Lupin was a weapon to fight life-threatening diseases that plagued his nation. His personality has encouraged learning from the experiences and never rest on laurels. He has inspired the team to move ahead, set high targets and meet one’s goals through an unyielding commitment to compliance and integrity.
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