News: Lupin has launched Sodium Sulfate, Potassium Sulfate and Magnesium Sulfate Oral Solution, 17.5 g/3.13 g/1.6 g per 6 ounces, a generic equivalent of Suprep Bowel Prep Kit oral solution of Braintree Lab. Suprep Bowel Prep Kit had estimated annual sales of US$202 million in the US (IQVIA MAT July 2022).
View: Post the clearance of Somerset facility by USFDA with VAI status, Suprep launch by Lupin is on expected lines. Lupin has a few complex generics products like, gAlbuterol, gBrovana, gSpiriva and gSuprep, of which Spiriva is expected to be launched over the remainder of FY23. Amid efforts of restructuring US business, we remain guarded on margins recovery from the US. More timely new launches in US can help US growth trajectory, which is likely to de-grow at 5.5% CAGR over FY22-24E.
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