Shares Of Lupin Added Nearly 2 Percent Intraday As Company Partnered - Dollar Advisory & Financial Services

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Thursday 28 June 2018

Shares Of Lupin Added Nearly 2 Percent Intraday As Company Partnered

Shares of Lupin added nearly 2 percent intraday as company partnered with Mylan to commercialise Enbrel biosimilar.

Through the partnership agreement, Mylan will commercialize Lupin's proposed etanercept biosimilar in Europe, Australia, New Zealand, Latin America, Africa and most markets throughout Asia, company said in release.

Enbrel is a TNF-inhibitoriindicated to treat certain autoimmune diseases, including rheumatoid arthritis, psoriatic arthritis, plaque psoriasis and ankylosing spondylitis, it added.

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