Pharma Major Lupin Acquires 5 Legacy Brands from Menarini for Indian Market
Pharma major Lupin Limited has acquired five legacy brands in strategic therapy areas – gastroenterology, urology, and anti-infectives from Menarini along with the associated trademark rights, on September 22. The brands are Piclin (Picosulphate Sodium), Menoctyl (Otilonium Bromide), Sucramal O (Sucralfate + Oxetacaine), Pyridium (Phenazopyridine) and Distaclor (Cefaclor).
Lupin has been exclusively marketing these brands in the Indian market since July 2021 under a distribution and promotion agreement with A. Menarini India Private Limited. This strategic acquisition for the Indian market marks a significant step forward for Lupin as it continues to expand its presence in India.
The acquisition is in line with Lupin’s strategic goal to broaden its presence in the Indian market. By offering a comprehensive range of products, Lupin aims to deliver even greater value to its stakeholders and the communities it serves.
The five brands acquired by Lupin have a range of medicinal properties. Piclin Solution is used to treat constipation. Menoctyl Tablet is a prescription medicine used in the treatment of irritable bowel syndrome. Sucramal-O is used in the treatment of acidity, stomach ulcer, and heartburn. Pyridium is an analgesic pain reliever used to treat pain, burning, increased urination, and increased urge to urinate. Distaclor (Cefaclor) is used to treat various types of infections.
For Menarini, this transaction signals its continued commitment to nurture and expand its Dermatology and Aesthetics portfolio and business. Menarini is a top 10 multi-national company in this therapeutic area in India and has witnessed strong organic and inorganic growth.
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