October 25, 2026 10:14 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Jamia shifts classes online after clash over demand for student union polls; Congress MPs face allegations | Deadly mid-air collision: Four pilots killed as two military aircraft crash in Philippines | ‘Jihad’ calls, Modi assassination remarks: Mumbai Rapido driver arrested over alleged Jaish links | Vegetarian-only kitchen at Keralam Lok Bhavan? Governor's reported order triggers political backlash | ‘Another little Epic Fury’: Trump’s chilling warning to Iran as fresh US strikes loom | Bomb threat email names Amitabh Bachchan’s Jalsa bungalow, Diljit Dosanjh’s concert venue: Reports | ‘Face-offs still continue’: ITBP chief reveals fresh India-China border tensions in Arunachal | Eiffel Tower women staff row: BAPS monk blames ‘miscommunication’, denies delegation's role | ‘Pen, not stones and guns’: RSS-linked group opens its first office in Kashmir Valley under Muslim leader | First human case of Shamonda virus reported in France; WHO confirms death of immunocompromised patient

Pharma major Lupin completes its acquisition of US-based GAVIS

| | Mar 09, 2016, at 06:48 pm
Mumbai, Mar 9 (IBNS): Pharma major Lupin Limited (Lupin) announced on Wednesday that it has completed its acquisition of privately held US-based GAVIS Pharmaceuticals LLC and Novel Laboratories Inc. (GAVIS).
Lupin had announced the acquisition on July 23, 2015. 
 
The acquisition enhances Lupin’s scale in the US generic market and also broadens its pipeline in dermatology, controlled substance products and other high-value and niche generics. 
 
The US-based manufacturing & research organization of GAVIS will complement Lupin’s Coral Springs, Florida based R&D center for Inhalation, according to the company. 
 
GAVIS’s New Jersey based manufacturing facility also becomes Lupin’s first manufacturing site in the US.
 
New Jersey based GAVIS is a privately held company specializing in formulation development, manufacturing, packaging, sales, marketing, and distribution of pharmaceuticals products. 
 
GAVIS has 62 ANDA filings pending approval with the US FDA and a pipeline of over 65+ products under development. 72% of these filings pending approvals represent niche dosage forms with 18 Para IVs and 8 FTFs products. GAVIS’s pending approvals address a market of over USD 9 billion.
 
The combined company will have a portfolio of over 120 in-market products, over 185 cumulative filings pending approval and a deep pipeline of products under development for the US. 
 
The acquisition creates the fifth largest pipeline of ANDA filings with the US FDA, addressing a USD 63.8 billion market. 
 
Lupin has 37 First-to-File (FTF) products, which includes 17 exclusive FTF opportunities. 
 
Lupin and GAVIS combined would now have over 45 FTFs. 
 
Commenting on the transaction, Vinita Gupta, Chief Executive Officer, Lupin Limited said, “We are very pleased to have completed our acquisition of Gavis. The Gavis portfolio augments our US business and niche generic pipeline. We plan to leverage the formulation expertise of Gavis to enhance both Lupin’s generic as well as specialty pipeline.”
 
Head-quartered in Mumbai, Lupin is a transnational pharmaceutical company producing and developing a wide range of branded and generic formulations, biotechnology products and APIs globally. The company is a significant player in the Cardiovascular, Diabetology, Asthma, Pediatric, CNS, GI, Anti-Infective and NSAID space and holds global leadership positions in the Anti-TB and Cephalosporin segment.
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.