Indian pharma major Lupin has signed a licensing and supply agreement with Czech company Zentiva to launch its biosimilar version of Certolizumab Pegol in multiple global markets.
Under the agreement, Lupin will develop, manufacture, and supply the drug. Zentiva will handle marketing and distribution in Europe and CIS countries. Lupin will take care of commercialisation in the US, Canada, and other parts of the world, excluding Australia, Japan, Brazil, the Philippines, and India.
Zentiva has agreed to pay Lupin up to $50 million in milestone payments. This includes an upfront payment of $10 million when the agreement was signed. Both companies will also share profits from the sale of the drug and invest together in its development.
Lupin stated that the deal doesn’t involve any acquisitions or related-party transactions. The company aims to increase its presence in international markets and improve access to affordable biosimilars for patients worldwide.
Lupin share price was ₹1,930.00 as of 11:49 am on July 9, 2025, up 0.41% for the day. The stock opened at ₹1,933.40 and moved between an intraday high of ₹1,965.50 and a low of ₹1,927.70. The company has a market capitalisation of ₹88,150 crore, a P/E ratio of 26.92, and has traded between a 52-week high of ₹2,402.90 and a low of ₹1,766.05.
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This partnership reflects Lupin’s focus on expanding its biosimilar portfolio and capturing new opportunities in global markets. By teaming up with Zentiva, Lupin hopes to strengthen its competitive edge and bring affordable treatments to more patients.
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Published on: Jul 9, 2025, 11:52 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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