Building on a Legacy: Vinita Gupta, CEO of Lupin Pharmaceuticals, Inc., Named Ernst & Young U.S. 2012 Family Business Award of

Building on a Legacy: Vinita Gupta, CEO of Lupin Pharmaceuticals, Inc., Named
      Ernst & Young U.S. 2012 Family Business Award of Excellence winner

Gupta honored for her vision and ability to take her family company to the
next level of success

PR Newswire

BALTIMORE, Md., Nov. 15, 2012

BALTIMORE, Md., Nov. 15, 2012 /PRNewswire/ --Vinita Gupta, CEO of Lupin
Pharmaceuticals, Inc.,  was named the inaugural Ernst & Young U.S. 2012 Family
Business Award of Excellence winner today at Ernst & Young LLP's 2012
Strategic Growth Forum in Palm Springs, CA.

Gupta was born into the pharmaceutical business, but it was her guidance and
vision that established Lupin Pharmaceuticals, Inc. ("LPI") as the U.S. wholly
owned subsidiary of Lupin Ltd., the company founded by her father. Today, LPI
provides quality branded and generic medications in the United States. She was
honored at a special luncheon as the inaugural recipient of the Family
Business Award of Excellence. This award recognized an entrepreneurial venture
that is led by a second or later generation family member or multiple members
of family, with plans to carry the business forward for future generations.

"Gupta's father, Desh Bandhu Gupta, founded India's Lupin Ltd. in 1968, and as
a teenager she accompanied him on business trips around the world, giving her
a taste of global diplomacy and negotiation strategy," said Bryan Pearce,
Americas Director, Entrepreneur Of The Year, Ernst & Young LLP. "Through these
early valuable experiences with her father, and her continued education in
business, education, and pharmaceuticals, Vinita has come to be a great leader
who will continue to take Lupin Pharmaceuticals to new heights."

Returning to the nest with new strategies

After completing school at the University of Mumbai, Gupta, initially a
pharmacist by trade, moved to the United States to pursue an MBA at
Northwestern's Kellogg School of Management. Upon graduating, she went to work
for a large U.S. pharmaceutical company before quickly realizing that the
day-to-day monotony was not for her. She returned to India in 1992 with a
mission: to use her extensive knowledge of the Lupin business and the skills
acquired during her time in the U.S. to develop a plan for expanding the
family business into the U.S. and European markets.

LPI now has 40 generic products on the market. Approximately half of these
products are the market leaders, and almost all of them are in the top three
of market share. LPI is ranked in the top five U.S. drug companies by
prescriptions sold and is the fastest growing of the top 10. The company has a
remarkable customer service level due to the seamless integration of its
products and its thorough understanding of the customs in both India and the
U.S.

As the company has grown, Gupta has built a team to manage the daily
operations, including branding, sales, supply chain, pursuits and company
culture. Many of the people added to her team were based on recommendations
from customers. Her goal is to hire employees with a mindset similar to that
of the existing company culture. Gupta's team is entrepreneurial and works
hard to develop smart growth using creative thinking when needed. Gupta's next
challenge is finding a balance between work and life to spend more time with
her own son.

Video and photos

To view video clips of all of the Entrepreneur Of The Year winners, please
visit ey.com/us/eoy. Photos of the winners are also available by request.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards
are nationally sponsored in the United States by SAP America and the Ewing
Marion Kauffman Foundation.

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