Founded in 1968, today Lupin is India's second largest pharmaceuticals company, and the 14th largest generic pharmaceutical company in the world. Products sold in 70 countries.
The European Commission imposed fines totalling 427.7m Euros on the French pharmaceutical company Servier and five producers of generic medicines, including Lupin Ltd, for concluding a series of deals aimed at protecting Servier's best selling blood pressure medicine, perindopril, from price competition by generics in the European Union. Lupin Ltd was fined 40m euros.
[Source 2014][More on Governance]
The Lupin Human Welfare & Research Foundation (LHWRF) was set up in 1988 with the stated mission "to provide an alternative model of rural development which is sustainable, replicable and ever evolving essentially empowering under privileged and marginalized sections of society and providing basic infrastructure and balanced ecological base to the villages."
[Source 2014][More on Finance]
|Company Structure||Public company|
|Revenue||US$1.7 billion in 2013|
|# Employees||12,984 in 2014|
|Subsidiaries||Generic Health Pty Ltd (91% owned)|