TB Alliance and Lupin Announce Commercial Partnership for New Therapy for Highly Drug-Resistant TB

Non-profit drug developer, TB Alliance has granted global pharma major Lupin Limited (Lupin), a non-exclusive license to manufacture the anti-TB drug pretomanid as part of the three-drug "BPaL" regimen. Lupin intends to commercialize the antituberculosis (TB) medicine in approximately 140 countries and territories, including many of the highest TB burden countries around the world.

"TB Alliance is committed to ensure its products are widely available and affordable to those who need them," said Mel Spigelman, President and CEO, TB Alliance. "Partnering with Lupin, a wellestablished manufacturer with experience delivering high quality TB therapies, will help further enable widespread access to our novel regimen while promoting a competitive market to drive affordability."

Nilesh Gupta, Managing Director, Lupin added, "As a global leader in anti-TB medicines, Lupin is committed to enhancing access to bridge unmet needs in countries where it is needed the most. This collaboration with TB Alliance leverages our strength and expertise to contribute to better global health."

"Tuberculosis is one of humanity's oldest, deadliest, and most persistent diseases. Lupin is the largest supplier of first-line anti-TB drugs in the world, and we are excited to partner with TB Alliance to help bring new therapies for highly drug-resistant TB to reach individuals and countries where access to these medicines is so urgently needed," said Naresh Gupta, President API Plus, Lupin.

Shares of Lupin Ltd was last trading in BSE at Rs. 970 as compared to the previous close of Rs. 967.7. The total number of shares traded during the day was 22188 in over 1200 trades.

The stock hit an intraday high of Rs. 977 and intraday low of 964.5. The net turnover during the day was Rs. 21476639.

Source : Equity Bulls

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