Aurobindo Pharma gains over 3% as subsidiary launches generic Advair Diskus in US; stock up 41% YTD

Aurobindo Pharma shares rose sharply after its subsidiary Lannett Company launched the generic equivalent of Advair Diskus in the US. The inhalation product, available in two strengths, marks the first commercialised product from Aurobindo’s inhal...

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Shares of pharmaceutical company Aurobindo Pharma rose over 3% in trade on Monday, August 31, after the company announced that its subsidiary had launched a product in the US market.

Following the announcement, Aurobindo Pharma’s share price rose 3.5% to hit an intra-day high of Rs 1,703 apiece on the NSE. Although the stock pared some of its gains, it continued to see strong buying interest.

At 1:50 PM on Monday, the pharma counter was quoted at Rs 1,682.90 apiece, up 2.29% from its previous close of Rs 1,645.30 on the NSE. At the same time, the benchmark NSE Nifty50 was trading at 24,062.05, down 113.60 points, or 0.47%. So far during Monday’s trading session, a combined total of nearly 14 lakh equity shares of Aurobindo Pharma, estimated to be valued at around Rs 235 crore, have exchanged hands on the BSE and NSE.


Aurobindo Pharma shares have delivered a return of 41.16% year-to-date in 2026. Over the past one year, the pharma counter has gained 63.83%, according to NSE data.

At the current market price, Aurobindo Pharma commands a market capitalisation of Rs 96,721.02 crore on the NSE.

Lannett Company LLC announces product launch in the US
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The upward movement in Aurobindo Pharma shares came after the company informed the exchanges that Lannett Company LLC, a wholly owned subsidiary of Aurobindo Pharma USA, Inc., has launched the generic equivalent of Advair Diskus (fluticasone propionate and salmeterol inhalation powder) in the US market.

The product, which is manufactured by GSK plc, has been launched in 100/50 mcg and 250/50 mcg strengths.

“This launch marks the first product from our inhalation pipeline to be commercialized in the US, reflecting our continued focus on expanding our portfolio of complex and differentiated inhalation products,” the company said in an exchange filing with the NSE on Monday.

Advair Diskus, a combination therapy, is indicated for the treatment of asthma and chronic obstructive pulmonary disease (COPD).
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About Aurobindo Pharma
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Aurobindo Pharma is an integrated global pharmaceutical company headquartered in Hyderabad, India. The company develops, manufactures and commercialises a wide range of generic pharmaceuticals, branded speciality pharmaceuticals and active pharmaceutical ingredients globally across more than 150 countries.

The company has more than 30 manufacturing and packaging facilities approved by leading regulatory agencies, including the USFDA, UK MHRA, EDQM, Japan PMDA, WHO, Health Canada, South Africa MCC and Brazil ANVISA. Its product portfolio spans seven major therapeutic and product areas, including CNS, anti-retroviral, CVS, antibiotics, gastroenterology, anti-diabetics and anti-allergic products, supported by its R&D setup.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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