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Lupin rises as USFDA clears Risperidone injectable
short by / on 03 Sep 2025,Wednesday
Lupin shares gained 2.8% after the US Food and Drug Administration approved its Risperidone extended-release injectable for schizophrenia and bipolar I disorder, with 180-day CGT exclusivity. Developed via unit Nanomi's LAI tech, the drug is bioequivalent to Janssen's Risperdal Consta. US sales for Risperidone LAI stood at $190 million (MAT July 2025). Lupin stock is down 17% YTD.
short by / 04:09 pm on 03 Sep
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