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Market Impact: 0.25

Lupin Gets FDA Approval For Modafinil Tablets

Source: Nasdaq

Healthcare & BiotechCompany FundamentalsProduct Launches

Lupin Limited received FDA approval for its Modafinil Tablets USP through an ANDA for the 100 mg and 200 mg strengths. The approval supports its ability to market a generic modafinil product in the U.S., which is a positive near-term fundamental development. Financial impact is not quantified in the article, but regulatory clearance typically improves revenue visibility versus a pending status.

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