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Glenmark Pharma share rises 3% after four days, here's why


Glenmark Pharma share rises 3% after four days, here s why
Reversing from 4 days of consecutive fall, Glenmark Pharma stock opened higher at Rs 488 and gained 2.86% to hit the day s high of Rs 497.70 against the last close of Rs 483.85
BusinessToday.In | December 23, 2020 | Updated 16:07 IST
The stock has hit a 52 week high of Rs 572.70 and 52 week low of Rs 168
Glenmark Pharma shares were trading almost 3% higher on Wednesday morning after the Mumbai-based drug firm announced that its Switzerland-based unit, Glenmark Specialty S.A., entered into an exclusive licensing agreement with Menarini Group (Menarini) for Ryaltris.
The company in its press release said Glenmark Specialty has entered into an exclusive licensing agreement with the Menarini Group for commercialising its innovative nasal spray Ryaltris across 33 countries in Europe, including the Balkan region. ....

Glenmark Pharma , Menarini Group , United States Food Drug Administration , Boehringer Ingelheim Pharmaceuticals Inc Glenmark Pharma , Glenmark Specialty , United States Food , Drug Administration , Dabigatran Etexilate Capsules , Pradaxa Capsules , Boehringer Ingelheim Pharmaceuticals , Inc Glenmark Pharma , க்ளேண்மர்க் பார்மா , போஹெரிங்கர் இஂகல்‌ஹைம் மருந்துகள் இன்க் க்ளேண்மர்க் பார்மா , க்ளேண்மர்க் சிறப்பு , ஒன்றுபட்டது மாநிலங்களில் உணவு , போஹெரிங்கர் இஂகல்‌ஹைம் மருந்துகள் , இன்க் க்ளேண்மர்க் பார்மா ,

Glenmark gains on receiving nod for Dabigatran Capsules


Glenmark Pharmaceuticals gained 0.92% to Rs 520.80 after the company received tentative ANDA approval for Dabigatran Etexilate Capsules.
The drug company before market hours today announced that it received tentative approval by the USFDA for Dabigatran Etexilate Capsules, 75 mg, 110 mg, and 150 mg. The capsules are generic version of Pradaxa Capsules, 75 mg, 110 mg, and 150 mg, of Boehringer Ingelheim Pharmaceuticals, Inc.
According to IQVIA sales data for the 12 month period ending October 2020, the Pradaxa Capsules, achieved annual sales of approximately $550.9 million.
Glenmark s current portfolio consists of 166 products authorized for distribution in the U.S. marketplace and 45 ANDA s pending approval with the USFDA.
Glenmark Pharmaceuticals is a global research-led pharmaceutical company with presence across generics, specialty and over-the-counter (OTC) business with operations in over 50 countries. Glenmark s key therapy focus areas globally are respira ....

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