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TheStreet Open House

Lupin Appoints Dr. Maurice Chagnaud As President-Europe & Head Of Inhalation Strategy

MUMBAI, India and BALTIMORE, February 18, 2014 /PRNewswire/ --

Pharma major Lupin, today announced the appointment of Dr. Maurice Chagnaud as its President, Europe and Head of Inhalation Strategy. He will be based at Schaffhausen, Switzerland. Dr. Chagnaud has over 20 years of experience in Pharmaceutical business in Europe having worked with Teva and Merck Generics.  He joins Lupin from Israeli drug major, Teva, where he was the Senior Vice President, Central & Eastern Europe, responsible for revenues in excess of over 1 Billion Euros.

In his new role at Lupin, Dr. Chagnaud will assume full responsibility for the Company's European business including the company strategy for Generics & Specialty business in Western and CEE region including Russia & CIS countries. He will also be responsible for developing Lupin's core strategy for Inhalation in the developed markets.

Commenting on the appointment, Vinita Gupta, Chief Executive Officer, Lupin Limited said, " Over the years, Lupin has recorded consistent growth across advanced markets like the  US  and  Japan . With Maurice ' s rich experience we look forward to building our business in  Europe ,  in particular around Complex generics & Specialty.  We are delighted to welcome him into the Lupin family. "

About Lupin Limited

Lupin is an innovation led transnational pharmaceutical company producing and developing a wide range of branded and generic formulations and APIs globally. The Company is a significant player in the Cardiovascular, Diabetology, Asthma, Pediatric, CNS, GI, Anti-Infective and NSAID space and holds global leadership positions in the Anti-TB and Cephalosporin segment.

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