Pharma Major Lupin has launched its Desoximetasone Cream USP, 0.05% and Desoximetasone Cream USP, 0.25% having received an approval from the United States Food and Drug Administration (USFDA) earlier.

Desoximetasone Cream USP, 0.05% and Desoximetasone Cream USP, 0.25% are the AB rated generic equivalent of Taro Pharmaceuticals North America, Inc's Topicort LP Emollient Cream, 0.05% and Taro Pharmaceuticals, Inc's (collectively Taro) Topicort Cream, 0.25%.

Both products are indicated for the relief of the inflammatory and pruritic manifestations of corticosteroid-responsive dermatoses. Topicort LP Emollient Cream and Topicort Cream had combined US sales of $38 million as per IMS MAT April 2017.

Shares of the company declined Rs 24.4, or 2.23%, to trade at Rs 1,069.85. The total volume of shares traded was 172,184 at the BSE (2.09 p.m., Thursday).