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Eli Lilly India and Lupin Announce Strategic Collaboration to Help Fight the Battle Against Diabetes
Date:7/29/2011

," said Eberhard Ludewigs, Vice President, Emerging Markets, Eli Lilly and Company.  "This partnership will allow us to change our game in India.  We will have a stronger footprint with many more sales representatives promoting our diabetes brands, and this will become a foundation to expand our diabetes business not only for current products, but also for our future pipeline.  Lupin is well-aligned with Lilly's goal of expansion in India and other emerging markets."

Shakti Chakraborty, Group President, India Region Formulations, Lupin Limited added: "With Lilly's presence and expansion in the emerging markets space, the leadership team at Lupin feels strongly about the collaboration and the synergy it will create.  We are pleased to be associated with Eli Lilly in India and this bears testimony to Lupin's existing market reach and will go a long way in strengthening our leadership position in the Indian diabetes market.   We firmly believe that Lupin will bring tremendous value to this partnership based on our extensive experience and understanding of the Indian market.  Our partnership is a significant step forward as both companies share the passion and commitment to make a meaningful difference to the quality of lives of patients with diabetes."

About Lilly

Lilly, a leading innovation-driven corporation is developing a growing portfolio of pharmaceutical products by applying the latest research from its own worldwide laboratories and from collaborations with eminent scientific organizations. Headquartered in Indianapolis, Indiana, Lilly provides answers – through medicines and information – for some of the world's most urgent medical needs.

About Lupin

Headquartered in Mumbai, India, Lupin Limited is an innovation led transnational pharmaceutical company producing a wide range of generic and branded formulations and APIs. The Company today has signi
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