Lupin expanded its product basket in Japan-Kyowa and received ten products approval from Ministry of Health & Labour Welfare, Japan.

Lupin acquired Hormosan Pharma GmbH, a Generic Company in Germany.

Lupin acquired stake in Generic Health Pty Ltd., in Australia.

Lupin acquired Pharma Dynamics in South Africa.

Lupin acquired Vadodara based Rubamin Laboratories Ltd (rechristened to Novodigm Ltd).

Lupin acquired Kyowa Pharmaceutical Industry Company Limited, a leading Generic Company in Japan.

Commercial production was started at the New finished dosage facility at Jammu.

Lupin received “Best new manufacturer of the year” award from Amerisource Bergen.

A new facility was set up at Jammu.

Maiden Bonus share were issued in the ratio of 1:1.

Maiden issue of Foreign Currency Convertible Bonds (FCCB) aggregating US $100 mn, which are listed on Singapore Stock Exchange.

Maiden Employees Stock Option Plan was implemented.

US FDA and MHRA (UK) approvals were received for Goa.

New Lovastatin plant at Tarapur was approved by the US FDA.

WHO approval was received for State of the art formulation Plants at Goa and Aurangabad.

Lupin had successfully implemented SAP ERP across the Company to unify all business functions and processes.

Introduced collaborative messaging and workflow solution on the intranet.

Oral Cefaclor injectible Plant at Mandideep was approved by US FDA.

Lupin Pharmaceuticals Inc. USA, was formed for trading, marketing and developmental activities in the US.

Exports to the Advanced Markets crossed Rs.1000 mn.

Rising trend of exports as a % of total revenue – up 33% year-over-year.

Patent filings crossed 100.

Five ANDAs were filed.

New Anti-TB facility was commissioned at Aurangabad.

Rablet was rated by ORG-Marg as the second best launch of FY 2002-03.

Lupin became the only Asian Pharmaceutical company to receive US FDA approvals for its sterile cephalosporin facility.

A state of the art US FDA approvable oral cephalosporin bulk active plant was commissioned.

State of the art R&D Centre at Pune was commissioned.

Lupin commenced supply of Cephalosporin bulk actives to its alliance partners in the US.

Lupin Laboratories Ltd was amalgamated with Lupin Chemicals Ltd, whose name was changed to Lupin Limited.

The Cefotaxime facility was approved by the US FDA.

The Company’s restructuring operations yielded encouraging results.

Work commenced on the R&D Centre at Pune.

Lupin’s injectable cephalosporin bulk active plant at Mandideep was approved by UK MCA.

Lupin’s injectable Cephalosporins dosages plant at Mandideep obtained UK MCA approval.

Lupin’s formulations facility at Aurangabad was upgraded.

Three plants of Lupin, manufacturing Cefaclor at Mandideep, 7 ACCA at Ankleshwar and Rifampicin at Tarapur, got US FDA approvals.

ICMA Technology award was given for injectable Cephalosporins.

Government of India conferred the ‘Best Exporter’ Award on Lupin.

Company received the ICMA Technology award for injectable Cephalosporins.

Fermentation Plant of Lupin Chemicals Ltd was established at Tarapur, Maharashtra.

Sterile Plant for injectable Cephalosporins (bulk) was commissioned at Mandideep.

Lupin Laboratories Ltd and Lupin Chemicals Ltd raised money through IPOs in 1993-94.

Won FICCI’s award for contribution towards rural development.

Injectable cephalosporin (bulk and dosages) production was initiated at Mandideep.

Lupin won the ICMA technology award for successfully manufacturing Vitamin B6.

Joint venture in Thailand – Lupin Chemicals (Thailand) Ltd was established.

Two Plants Ankleshwar and Mandideep received US FDA approvals for maintaining stringent quality standards.

The Lupin Human Welfare and Research Foundation (LHWRF) was founded by Dr Desh Bandhu Gupta to provide an alternative, sustainable and replicable model of rural development.

Cephalexin Plant at Mandideep and 7 ADCA plant at Ankleshwar went on stream.

Ethambutol production was started

Lupin commissioned a formulations plant and an R&D center at Aurangabad.

Lupin Laboratories Pvt Ltd was incorporated.

Lupin commenced business.