Mr. Kurt Orlofski

President and COO, G & W LABORATORIES, INC.

GLG News by Mr. Kurt Orlofski, President and COO

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

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Lupin acquisition in Japan a positive

October 16, 2007

Analysis of:Indian Drug Maker Lupin to Acquire Kyowa Pharmaceutical | www.pipelinereview.com

Japan is the second largest generic market in the world. Kyowa Pharmaceuticals has a real presence in the Japanese pharmaceutical market. Allows Kyowa to leverage low cost Indian manufacturing while Lupin gains a large and growing market for distribution.

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