EU court upholds â¹325 cr fine on Lupin over Perindopril case
A European Union (EU) court has upheld a decision to impose a â¬40-million (â¹325 crore) fine on India's Lupin in a litigation over blood pressure lowering drug Perindopril. In 2014, European Commission had imposed collective fine of â¬427 million (â¹3,489 crore) on six global drugmakers including Lupin for trying to prevent entry of cheaper versions of the drug in EU.