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Lupin Limited Launches Generic Version of Oracea®
Lupin Limited, a pharmaceutical company, has announced the launch of the first generic version of Oracea® (doxycycline capsules, 40 mg) in the United States. This comes after receiving approval from the United States Food and Drug Administration (U.S. FDA). Lupin’s entry into the generic market for Oracea® will provide patients with a more affordable treatment option for certain skin conditions.
Shyam Metallics Expands into Stainless Steel Flat Products
Shyam Metallics and Energy Ltd. have announced their expansion into the production of stainless steel flat products. This strategic move will allow the company to diversify its product portfolio and cater to the growing demand for stainless steel in various industries. By venturing into this segment, Shyam Metallics aims to strengthen its position in the steel industry and capitalize on new business opportunities.
Paisalo Digital Reports Growth in Assets Under Management
Paisalo Digital has witnessed a significant increase in its Assets Under Management (AUM) during the fourth quarter. The company’s AUM grew by 32% year-on-year to Rs 4,622 crore, reflecting the trust and confidence of its customers. Additionally, disbursements jumped by 38% to Rs 3,588 crore, indicating the strong demand for Paisalo Digital’s financial services.
These developments highlight the company’s commitment to delivering value to its stakeholders and further strengthening its position in the market.
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