India's Lupin targets generic potential of biotech drugs

Expiring patents open window for launch in Japan and Europe by year end

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A worker conducts an inspection at Lupin's biosimilar plant in Pune, India. (Photo courtesy of Lupin)

ROSEMARY MARANDI, Nikkei staff writer

MUMBAI -- India's third-largest drugmaker by sales, Lupin, has diversified into biosimilars -- cheaper versions of expensive biotech drugs -- in a bid to stimulate growth amid a slowdown in recent years.

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