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Bloomberg Quint
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Lupin Share Price Rises As Nomura Stays Positive Amid Patent Litigation
- Lupin's share price rose as Nomura maintained a positive rating amid patent litigation.
- The United States District Court ruled in favor of Astellas Pharma in a patent infringement case against Lupin's generic product.
- Nomura believes there is a strong possibility of generics prevailing in the litigation.
- Lupin's stock rose by 1.43% to Rs 1,961.90 apiece.
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