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Building on a Legacy: Vinita Gupta, CEO of Lupin Pharmaceuticals, Inc., Named Ernst & Young U.S. 2012 Family Business Award of Excellence winner
Date:11/15/2012

BALTIMORE, Md., Nov. 15, 2012 /PRNewswire/ -- Vinita Gupta, CEO of Lupin Pharmaceuticals, Inc., was named the inaugural Ernst & Young U.S. 2012 Family Business Award of Excellence winner today at Ernst & Young LLP's 2012 Strategic Growth Forum in Palm Springs, CA.

Gupta was born into the pharmaceutical business, but it was her guidance and vision that established Lupin Pharmaceuticals, Inc. ("LPI") as the U.S. wholly owned subsidiary of Lupin Ltd., the company founded by her father. Today, LPI provides quality branded and generic medications in the United States. She was honored at a special luncheon as the inaugural recipient of the Family Business Award of Excellence. This award recognized an entrepreneurial venture that is led by a second or later generation family member or multiple members of family, with plans to carry the business forward for future generations.

"Gupta's father, Desh Bandhu Gupta, founded India's Lupin Ltd. in 1968, and as a teenager she accompanied him on business trips around the world, giving her a taste of global diplomacy and negotiation strategy," said Bryan Pearce, Americas Director, Entrepreneur Of The Year, Ernst & Young LLP. "Through these early valuable experiences with her father, and her continued education in business, education, and pharmaceuticals, Vinita has come to be a great leader who will continue to take Lupin Pharmaceuticals to new heights."

Returning to the nest with new strategies

After completing school at the University of Mumbai, Gupta, initially a pharmacist by trade, moved to the United States to pursue an MBA at Northwestern's Kellogg School of Management. Upon graduating, she went to work for a large U.S. pharmaceutical company before quickly realizing that the day-to-day monotony was not for her. She returned to India in 1992 with a mission: to use her extensive knowledge of the Lupin business and the skills acquired during her time in the U.S. to develop a pla
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SOURCE Ernst & Young LLP
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