GLENMARK
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Glenmark Pharma Posts Q3 Consol Net Profit 4.03 Billion Rupees
Jan 30 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMA Q3 CONSOL NET PROFIT 4.03 BILLION RUPEES
GLENMARK PHARMA Q3 CONSOL TOTAL REVENUE FROM OPERATIONS 39.01 BILLION RUPEES
Source text: [ID:]
Further company coverage: GLEN.NS
(([email protected];))
Jan 30 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMA Q3 CONSOL NET PROFIT 4.03 BILLION RUPEES
GLENMARK PHARMA Q3 CONSOL TOTAL REVENUE FROM OPERATIONS 39.01 BILLION RUPEES
Source text: [ID:]
Further company coverage: GLEN.NS
(([email protected];))
AcuCort AB Signs Commercial Agreement with Glenmark for Zeqmelit in Six European Countries
AcuCort AB has signed a commercial agreement with Glenmark Pharmaceuticals Limited for the marketing and distribution of its product, Zeqmelit®, in six European countries: Germany, the Netherlands, the Czech Republic, Austria, Slovakia, and Ukraine. The agreement replaces a previous Letter of Intent and finalizes all commercial terms between the parties. Glenmark will be responsible for commercializing Zeqmelit® and submitting marketing authorization applications in these markets, with submissions expected in the second half of 2026. This agreement follows recent product launches and repeat orders in the Nordic region.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AcuCort AB published the original content used to generate this news brief on January 22, 2026, and is solely responsible for the information contained therein.
AcuCort AB has signed a commercial agreement with Glenmark Pharmaceuticals Limited for the marketing and distribution of its product, Zeqmelit®, in six European countries: Germany, the Netherlands, the Czech Republic, Austria, Slovakia, and Ukraine. The agreement replaces a previous Letter of Intent and finalizes all commercial terms between the parties. Glenmark will be responsible for commercializing Zeqmelit® and submitting marketing authorization applications in these markets, with submissions expected in the second half of 2026. This agreement follows recent product launches and repeat orders in the Nordic region.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AcuCort AB published the original content used to generate this news brief on January 22, 2026, and is solely responsible for the information contained therein.
Jiangsu Hengrui Pharmaceuticals Signs Licensing Agreement With Glenmark Specialty S.A.
Sept 24 (Reuters) - Jiangsu Hengrui Pharmaceuticals Co Ltd 600276.SS:
SAYS SIGNS LICENSING AGREEMENT WITH GLENMARK SPECIALTY S.A. FOR PROJECT SHR-A1811
TO RECEIVE DOWN PAYMENT OF $18 MILLION, MILESTONE PAYMENT OF UP TO $1.1 BILLION
Further company coverage: 600276.SS
(Reporting by Beijing Newsroom)
(([email protected];))
Sept 24 (Reuters) - Jiangsu Hengrui Pharmaceuticals Co Ltd 600276.SS:
SAYS SIGNS LICENSING AGREEMENT WITH GLENMARK SPECIALTY S.A. FOR PROJECT SHR-A1811
TO RECEIVE DOWN PAYMENT OF $18 MILLION, MILESTONE PAYMENT OF UP TO $1.1 BILLION
Further company coverage: 600276.SS
(Reporting by Beijing Newsroom)
(([email protected];))
India's Glenmark Pharma gains after starting phase three cancer drug trial
** Shares of Glenmark Pharma GLEN.NS rise 2.8% to 2,047.3 rupees, their highest in over 3 weeks
** Drugmaker starts phase 3 trial of cancer drug Envafolimab in India after drug regulator's nod
** Company says clinical trial applications are underway in Russia, Brazil, and Mexico
** Stock rated "buy" on avg; median PT is 2,380 rupees - data compiled by LSEG
** Stock up 27.3% YTD
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Glenmark Pharma GLEN.NS rise 2.8% to 2,047.3 rupees, their highest in over 3 weeks
** Drugmaker starts phase 3 trial of cancer drug Envafolimab in India after drug regulator's nod
** Company says clinical trial applications are underway in Russia, Brazil, and Mexico
** Stock rated "buy" on avg; median PT is 2,380 rupees - data compiled by LSEG
** Stock up 27.3% YTD
(Reporting by Aleef Jahan in Bengaluru)
India's Glenmark Pharma rises as HSBC retains bullish view
** Shares of Glenmark Pharmaceuticals GLEN.NS up 3.5% to 1985 rupees
** HSBC Global Investment Research retains "buy" rating and PT of 2,380 rupees ($27.20) on GLEN on the back of good visibility on growth drivers
** Easing R&D spend, start of supplies from Monroe plant, U.S. FDA approval for gFlovent, pick-up in the U.S. and India businesses led by new launches are key drivers for GLEN's growth - HSBC
** Stock set to rise most in a session since July 11
** Stock has been above its 100-day, 200-day simple moving avgs since June, indicating bullish sentiment
** Avg rating of nine analysts is "buy" and median PT is 2,380 rupees, ~19% higher than current price - data compiled by LSEG
** YTD, GLEN up ~24%
($1 = 87.5060 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
** Shares of Glenmark Pharmaceuticals GLEN.NS up 3.5% to 1985 rupees
** HSBC Global Investment Research retains "buy" rating and PT of 2,380 rupees ($27.20) on GLEN on the back of good visibility on growth drivers
** Easing R&D spend, start of supplies from Monroe plant, U.S. FDA approval for gFlovent, pick-up in the U.S. and India businesses led by new launches are key drivers for GLEN's growth - HSBC
** Stock set to rise most in a session since July 11
** Stock has been above its 100-day, 200-day simple moving avgs since June, indicating bullish sentiment
** Avg rating of nine analysts is "buy" and median PT is 2,380 rupees, ~19% higher than current price - data compiled by LSEG
** YTD, GLEN up ~24%
($1 = 87.5060 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
Glenmark Pharmaceuticals Ltd - To Launch Eribulin Mesylate Injection In Usa
Sept 2 (Reuters) - Glenmark Pharmaceuticals GLEN.NS:
TO LAUNCH ERIBULIN MESYLATE INJECTION IN USA
TO BEGIN DISTRIBUTION IN SEPTEMBER 2025
Source text: ID:nBSE5B7S0j
Further company coverage: GLEN.NS
(([email protected];))
Sept 2 (Reuters) - Glenmark Pharmaceuticals GLEN.NS:
TO LAUNCH ERIBULIN MESYLATE INJECTION IN USA
TO BEGIN DISTRIBUTION IN SEPTEMBER 2025
Source text: ID:nBSE5B7S0j
Further company coverage: GLEN.NS
(([email protected];))
Glenmark Pharma Says Glenmark Pharmaceuticals Inc To Launch Micafungin For Injection USP
Aug 19 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS INC TO LAUNCH MICAFUNGIN FOR INJECTION USP
Source text: ID:nnAZN4DSC95
Further company coverage: GLEN.NS
(([email protected];;))
Aug 19 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS INC TO LAUNCH MICAFUNGIN FOR INJECTION USP
Source text: ID:nnAZN4DSC95
Further company coverage: GLEN.NS
(([email protected];;))
India's Glenmark Pharma falls after quarterly profit drop
** Shares of Glenmark Pharma GLEN.NS fall 1.45% to 2,014.9 rupees
** Drugmaker's Q1 consol PBT fell 9% to 4.19 bln rupees ($47.96 million), net sales down by 5% at 30.59 bln rupees hit by pricing pressure in North America and Europe
** Sales in North America slipped 0.4%, while that in Europe dropped 4% for the quarter
** Europe and Emerging markets businesses to deliver a double-digit growth from Q2 onwards, chairman says
** 9 analysts covering GLEN have a "buy" rating on average, median PT is 2,365 rupees - data compiled by LSEG
** Stock up ~25% YTD
($1 = 87.3675 Indian rupees)
(Reporting by Urvi Dugar)
** Shares of Glenmark Pharma GLEN.NS fall 1.45% to 2,014.9 rupees
** Drugmaker's Q1 consol PBT fell 9% to 4.19 bln rupees ($47.96 million), net sales down by 5% at 30.59 bln rupees hit by pricing pressure in North America and Europe
** Sales in North America slipped 0.4%, while that in Europe dropped 4% for the quarter
** Europe and Emerging markets businesses to deliver a double-digit growth from Q2 onwards, chairman says
** 9 analysts covering GLEN have a "buy" rating on average, median PT is 2,365 rupees - data compiled by LSEG
** Stock up ~25% YTD
($1 = 87.3675 Indian rupees)
(Reporting by Urvi Dugar)
Glenmark Pharmaceuticals Approves Transfer Of Consumer Care Business To Unit
Aug 14 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
APPROVES TRANSFER OF CONSUMER CARE BUSINESS TO SUBSIDIARY
BUSINESS TRANSFER VALUED AT 2.40 BILLION RUPEES
Source text: ID:nBSE9HGC1t
Further company coverage: GLEN.NS
(([email protected];))
Aug 14 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
APPROVES TRANSFER OF CONSUMER CARE BUSINESS TO SUBSIDIARY
BUSINESS TRANSFER VALUED AT 2.40 BILLION RUPEES
Source text: ID:nBSE9HGC1t
Further company coverage: GLEN.NS
(([email protected];))
REFILE-Glenmark Pharma jumps on unit's cancer treatment licensing deal with AbbVie
Corrects to add "treatment" in headline
July 11 (Reuters) - Shares of Glenmark Pharmaceuticals GLEN.NS jumped 10% in early trade on Friday, a day after a unit of the Indian drugmaker signed an exclusive licensing deal with U.S. peer AbbVie ABBV.N for its cancer treatment.
(Reporting by Hritam Mukherjee in Bengaluru; Editing by Sonia Cheema)
(([email protected]; X: @MukherjeeHritam;))
Corrects to add "treatment" in headline
July 11 (Reuters) - Shares of Glenmark Pharmaceuticals GLEN.NS jumped 10% in early trade on Friday, a day after a unit of the Indian drugmaker signed an exclusive licensing deal with U.S. peer AbbVie ABBV.N for its cancer treatment.
(Reporting by Hritam Mukherjee in Bengaluru; Editing by Sonia Cheema)
(([email protected]; X: @MukherjeeHritam;))
Glenmark Pharma Says Ichnos Glenmark Innovation (IGI), Abbvie Announce Exclusive Global Licensing Agreement
July 10 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
ICHNOS GLENMARK INNOVATION (IGI) AND ABBVIE ANNOUNCE EXCLUSIVE GLOBAL LICENSING AGREEMENT
LICENSING AGREEMENT FOR ISB 2001
IGI WILL RECEIVE AN UPFRONT PAYMENT OF $700 MILLION, ELIGIBLE TO RECEIVE UP TO $1.225 BILLION
Source text: ID:nBSE3Lp8jW
Further company coverage: GLEN.NS
(([email protected];))
July 10 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
ICHNOS GLENMARK INNOVATION (IGI) AND ABBVIE ANNOUNCE EXCLUSIVE GLOBAL LICENSING AGREEMENT
LICENSING AGREEMENT FOR ISB 2001
IGI WILL RECEIVE AN UPFRONT PAYMENT OF $700 MILLION, ELIGIBLE TO RECEIVE UP TO $1.225 BILLION
Source text: ID:nBSE3Lp8jW
Further company coverage: GLEN.NS
(([email protected];))
Glenmark Pharma Says U.S. FDA Inspection At Co' Facility At Monroe
June 18 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
U.S. FDA INSPECTION AT THE COMPANY'S FACILITY AT MONROE, NORTH CAROLINA, USA
COMPANY WAS ISSUED A FORM 483 WITH FIVE OBSERVATIONS BY USFDA
OBSERVATIONS ARE PROCEDURAL IN NATURE
THERE WAS NO OBSERVATION RELATED TO DATA INTEGRITY REPORTED
Source text: [ID:]
Further company coverage: GLEN.NS
(([email protected];;))
June 18 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
U.S. FDA INSPECTION AT THE COMPANY'S FACILITY AT MONROE, NORTH CAROLINA, USA
COMPANY WAS ISSUED A FORM 483 WITH FIVE OBSERVATIONS BY USFDA
OBSERVATIONS ARE PROCEDURAL IN NATURE
THERE WAS NO OBSERVATION RELATED TO DATA INTEGRITY REPORTED
Source text: [ID:]
Further company coverage: GLEN.NS
(([email protected];;))
AcuCort AB Signs LOI with Glenmark Pharmaceuticals to Expand Zeqmelit® Distribution in Six European Countries
AcuCort AB has announced a significant milestone in its expansion strategy by signing a Letter of Intent (LOI) with Glenmark Pharmaceuticals. This agreement focuses on the distribution and marketing of AcuCort's product, Zeqmelit®, in six European countries, including Germany, the Netherlands, the Czech Republic, Austria, Slovakia, and Ukraine. Glenmark Pharmaceuticals, known for its extensive operations across over 80 countries, will handle the commercialization efforts in these regions. The collaboration covers a population of over 160 million people, highlighting the substantial commercial potential for Zeqmelit® in these markets. Following successful launches in the Nordic region, AcuCort aims to leverage this partnership as a springboard for further expansion. The parties plan to finalize negotiations and formalize the commercial agreement by 2025.
AcuCort AB has announced a significant milestone in its expansion strategy by signing a Letter of Intent (LOI) with Glenmark Pharmaceuticals. This agreement focuses on the distribution and marketing of AcuCort's product, Zeqmelit®, in six European countries, including Germany, the Netherlands, the Czech Republic, Austria, Slovakia, and Ukraine. Glenmark Pharmaceuticals, known for its extensive operations across over 80 countries, will handle the commercialization efforts in these regions. The collaboration covers a population of over 160 million people, highlighting the substantial commercial potential for Zeqmelit® in these markets. Following successful launches in the Nordic region, AcuCort aims to leverage this partnership as a springboard for further expansion. The parties plan to finalize negotiations and formalize the commercial agreement by 2025.
Glenmark Pharmaceuticals To Launch DCGI-Approved Zanubrutinib In India
June 9 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
TO LAUNCH DCGI-APPROVED ZANUBRUTINIB IN INDIA
ZANUBRUTINIB TO BE MARKETED AS BRUKINSA IN INDIA
Source text: ID:nBSE95v3F3
Further company coverage: GLEN.NS
(([email protected];;))
June 9 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
TO LAUNCH DCGI-APPROVED ZANUBRUTINIB IN INDIA
ZANUBRUTINIB TO BE MARKETED AS BRUKINSA IN INDIA
Source text: ID:nBSE95v3F3
Further company coverage: GLEN.NS
(([email protected];;))
Indian pharma stocks drop as Trump to sign executive order to cut prices of medicines
May 12 (Reuters) - Indian pharmaceutical stocks .NIPHARM shed 1.3% on Monday, even as the broader markets rose, after U.S. President Donald Trump said he would sign an executive order to cut prescription prices to the level paid by other high-income countries, an amount he put at 30% to 80% less.
Eight of the 20 stocks on the pharmaceutical sub-index were in the red, while the benchmark Nifty 50 index .NSEI was trading 2.4% higher.
Sun Pharma, India's top drugmaker by revenue, dropped 5.4% to be the top loser on the Nifty 50 and the pharma index. Glenmark Pharma GLEN.NS and Cipla CIPL.NS declined 0.4% and 1.5%, respectively.
Trump said he would sign the executive order on Monday morning to pursue what is known as "most favored nation" pricing or international reference pricing.
The U.S. pays the most in the world for many prescription drugs, often nearly triple that of other developed nations. Trump has said he wants to close that spread, but has not publicly specified how and did not provide details.
Several Indian drugmakers get a significant chunk of their revenue from North America by selling cheaper versions of the latest drugs.
The U.S. imports nearly a third of Indian pharma products sold overseas.
India's pharma exports to the U.S. jumped 16% to about $9 billion last fiscal year, according to data from government-backed trade body Pharmexcil.
(Reporting by Kashish Tandon in Bengaluru; Editing by Mrigank Dhaniwala)
(([email protected]; 8800437922;))
May 12 (Reuters) - Indian pharmaceutical stocks .NIPHARM shed 1.3% on Monday, even as the broader markets rose, after U.S. President Donald Trump said he would sign an executive order to cut prescription prices to the level paid by other high-income countries, an amount he put at 30% to 80% less.
Eight of the 20 stocks on the pharmaceutical sub-index were in the red, while the benchmark Nifty 50 index .NSEI was trading 2.4% higher.
Sun Pharma, India's top drugmaker by revenue, dropped 5.4% to be the top loser on the Nifty 50 and the pharma index. Glenmark Pharma GLEN.NS and Cipla CIPL.NS declined 0.4% and 1.5%, respectively.
Trump said he would sign the executive order on Monday morning to pursue what is known as "most favored nation" pricing or international reference pricing.
The U.S. pays the most in the world for many prescription drugs, often nearly triple that of other developed nations. Trump has said he wants to close that spread, but has not publicly specified how and did not provide details.
Several Indian drugmakers get a significant chunk of their revenue from North America by selling cheaper versions of the latest drugs.
The U.S. imports nearly a third of Indian pharma products sold overseas.
India's pharma exports to the U.S. jumped 16% to about $9 billion last fiscal year, according to data from government-backed trade body Pharmexcil.
(Reporting by Kashish Tandon in Bengaluru; Editing by Mrigank Dhaniwala)
(([email protected]; 8800437922;))
Glenmark Pharmaceuticals Says IGI Receives FDA Fast Track Designation For ISB 2001
May 5 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS LTD - IGI RECEIVES FDA FAST TRACK DESIGNATION FOR ISB 2001
Source text: ID:nBSE1SYXkx
Further company coverage: GLEN.NS
(([email protected];;))
May 5 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS LTD - IGI RECEIVES FDA FAST TRACK DESIGNATION FOR ISB 2001
Source text: ID:nBSE1SYXkx
Further company coverage: GLEN.NS
(([email protected];;))
Glenmark Pharma Clairifies Report About CDSCO Flagging Drugs
April 29 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
CLAIRIFIES REPORT ABOUT CDSCO FLAGGING DRUGS
PRODUCTS REFERRED TO IN REPORT SPURIOUS; NOT MADE BY CO
Source text: ID:nnAZN3RNEEN
Further company coverage: GLEN.NS
(([email protected];;))
April 29 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
CLAIRIFIES REPORT ABOUT CDSCO FLAGGING DRUGS
PRODUCTS REFERRED TO IN REPORT SPURIOUS; NOT MADE BY CO
Source text: ID:nnAZN3RNEEN
Further company coverage: GLEN.NS
(([email protected];;))
Glenmark Pharma Says USA Unit To Launch Dextroamphetamine Saccharate Tablets
April 16 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMA - GLENMARK PHARMACEUTICALS INC., USA TO LAUNCH DEXTROAMPHETAMINE SACCHARATE TABLETS
GLENMARK PHARMA-GLENMARK PHARMA INC TO LAUNCH MIXED SALTS OF SINGLE ENTITY AMPHETAMINE PRODUCT TABLETS
Further company coverage: GLEN.NS
(([email protected];))
April 16 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMA - GLENMARK PHARMACEUTICALS INC., USA TO LAUNCH DEXTROAMPHETAMINE SACCHARATE TABLETS
GLENMARK PHARMA-GLENMARK PHARMA INC TO LAUNCH MIXED SALTS OF SINGLE ENTITY AMPHETAMINE PRODUCT TABLETS
Further company coverage: GLEN.NS
(([email protected];))
Indian pharma stocks decline after Trump again threatens tariffs
April 9 (Reuters) - Indian pharmaceutical stocks .NIPHARM fell 1.7% on Wednesday after U.S. President Donald Trump reiterated plans to announce a "major" tariff on all pharmaceutical imports.
U.S. accounts for a third of India's overall pharma exports.
Trump also threatened the duties on Friday, after his first set of reciprocal tariffs earlier last week exempted pharma products -- a change in stance that had prompted a wild swing in pharma stocks.
On the day, all twenty constituents of the pharma index were lower, with the index dragging down the benchmark Nifty 50 .NSEI by about 0.52% as of 9:20 a.m. IST.
Gland Pharma GLAD.NS, Lupin LUPN.NS and Zydus Lifesciences ZYDU.NS were the top losers by percentage, down between 3% and 5%.
Sun Pharma SUN.NS and Cipla CIPL.NS, the top constituents by weight, fell 1.69% and 1.87%, respectively.
India's pharma exports to the U.S. mostly comprise generics, or cheaper versions of popular drugs. These currently attract almost no U.S. levies, while India imposes about 10% tax on U.S. pharma imports, according to industry experts.
The pharma index has fallen 14.4% this year.
(Reporting by Kashish Tandon and Ananta Agarwal in Bengaluru; Editing by Savio D'Souza)
(([email protected];))
April 9 (Reuters) - Indian pharmaceutical stocks .NIPHARM fell 1.7% on Wednesday after U.S. President Donald Trump reiterated plans to announce a "major" tariff on all pharmaceutical imports.
U.S. accounts for a third of India's overall pharma exports.
Trump also threatened the duties on Friday, after his first set of reciprocal tariffs earlier last week exempted pharma products -- a change in stance that had prompted a wild swing in pharma stocks.
On the day, all twenty constituents of the pharma index were lower, with the index dragging down the benchmark Nifty 50 .NSEI by about 0.52% as of 9:20 a.m. IST.
Gland Pharma GLAD.NS, Lupin LUPN.NS and Zydus Lifesciences ZYDU.NS were the top losers by percentage, down between 3% and 5%.
Sun Pharma SUN.NS and Cipla CIPL.NS, the top constituents by weight, fell 1.69% and 1.87%, respectively.
India's pharma exports to the U.S. mostly comprise generics, or cheaper versions of popular drugs. These currently attract almost no U.S. levies, while India imposes about 10% tax on U.S. pharma imports, according to industry experts.
The pharma index has fallen 14.4% this year.
(Reporting by Kashish Tandon and Ananta Agarwal in Bengaluru; Editing by Savio D'Souza)
(([email protected];))
Glenmark Pharmaceuticals Inc., USA Launches Vancomycin Hydrochloride For Injection USP, 750 Mg/Vial, 1.25 G/Vial And 1.5 G/Vial (Single-Dose Vial)
April 1 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS INC., USA LAUNCHES VANCOMYCIN HYDROCHLORIDE FOR INJECTION USP, 750 MG/VIAL, 1.25 G/VIAL AND 1.5 G/VIAL (SINGLE-DOSE VIAL)
Source text: ID:nPn4wYPFna
Further company coverage: GLEN.NS
(([email protected];))
April 1 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS INC., USA LAUNCHES VANCOMYCIN HYDROCHLORIDE FOR INJECTION USP, 750 MG/VIAL, 1.25 G/VIAL AND 1.5 G/VIAL (SINGLE-DOSE VIAL)
Source text: ID:nPn4wYPFna
Further company coverage: GLEN.NS
(([email protected];))
India's Glenmark Pharma rises; HSBC upgrades to 'buy'
March 27 - ** Shares of Glenmark Pharmaceuticals Ltd GLEN.NS rise 2.3% to 1,495.95 rupees
** Stock top gainer on Nifty Pharma .NIPHARM index, which is down 1%
** HSBC upgrades drugmaker to "buy" from "hold" citing visibility on margin expansion for its base business; raises PT to 1,785 rupees from 1,630 rupees
** Brokerage also sees scope for re-rating if GLEN secures a licensing deal for its targeted cancer therapy ISB 2001
** GLEN, like half the stocks on 20-member NIPHARM, is rated "buy" - data compiled by LSEG
** Stock trims YTD losses to ~7%, faring better than pharma stocks' nearly 10% drop this year
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
March 27 - ** Shares of Glenmark Pharmaceuticals Ltd GLEN.NS rise 2.3% to 1,495.95 rupees
** Stock top gainer on Nifty Pharma .NIPHARM index, which is down 1%
** HSBC upgrades drugmaker to "buy" from "hold" citing visibility on margin expansion for its base business; raises PT to 1,785 rupees from 1,630 rupees
** Brokerage also sees scope for re-rating if GLEN secures a licensing deal for its targeted cancer therapy ISB 2001
** GLEN, like half the stocks on 20-member NIPHARM, is rated "buy" - data compiled by LSEG
** Stock trims YTD losses to ~7%, faring better than pharma stocks' nearly 10% drop this year
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
Glenmark Pharma- Receives FDA Approval For Olopatadine Hydrochloride Ophthalmic Solution
March 20 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS - RECEIVES FDA APPROVAL FOR OLOPATADINE HYDROCHLORIDE OPHTHALMIC SOLUTION
Source text: ID:nBSE71jjXQ
Further company coverage: GLEN.NS
(([email protected];))
March 20 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS - RECEIVES FDA APPROVAL FOR OLOPATADINE HYDROCHLORIDE OPHTHALMIC SOLUTION
Source text: ID:nBSE71jjXQ
Further company coverage: GLEN.NS
(([email protected];))
Glenmark Pharmaceuticals Says Glenmark Pharmaceuticals Inc Launches Epinephrine Injection Usp Multiple-Dose Vial
Feb 27 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS INC LAUNCHES EPINEPHRINE INJECTION USP MULTIPLE-DOSE VIAL
Source text: ID:nBSEtnRNn
Further company coverage: GLEN.NS
(([email protected];;))
Feb 27 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS INC LAUNCHES EPINEPHRINE INJECTION USP MULTIPLE-DOSE VIAL
Source text: ID:nBSEtnRNn
Further company coverage: GLEN.NS
(([email protected];;))
India's Glenmark Pharma rises on settling anti-trust lawsuit with plaintiffs
** Shares of Glenmark Pharmaceuticals GLEN.NS up ~4% to 1350.5 rupees
** Co settles remaining antitrust and consumer protection lawsuits with three plaintiffs in connection with generic cholesterol drug Zetia
** Plaintiffs include Humana HUM.N, Centene Corp CNC.N
and Kaiser Foundation Health Plan [RIC:RIC:KISERF.UL]
** Under terms of $7 mln settlement, Glenmark denies allegations by plaintiffs, concedes no liability
** Including session's gains, GLEN shares up 48.3% in the last 12 months
(Reporting by Ananta Agarwal in Bengaluru)
** Shares of Glenmark Pharmaceuticals GLEN.NS up ~4% to 1350.5 rupees
** Co settles remaining antitrust and consumer protection lawsuits with three plaintiffs in connection with generic cholesterol drug Zetia
** Plaintiffs include Humana HUM.N, Centene Corp CNC.N
and Kaiser Foundation Health Plan [RIC:RIC:KISERF.UL]
** Under terms of $7 mln settlement, Glenmark denies allegations by plaintiffs, concedes no liability
** Including session's gains, GLEN shares up 48.3% in the last 12 months
(Reporting by Ananta Agarwal in Bengaluru)
Glenmark Pharma Q3 Consol Net Profit 3.48 Billion Rupees
Feb 14 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMA Q3 CONSOL NET PROFIT 3.48 BILLION RUPEES
GLENMARK PHARMA Q3 CONSOL NET SALES 33.02 BILLION RUPEES
Source text: ID:nBSE5683hc
Further company coverage: GLEN.NS
(([email protected];))
Feb 14 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMA Q3 CONSOL NET PROFIT 3.48 BILLION RUPEES
GLENMARK PHARMA Q3 CONSOL NET SALES 33.02 BILLION RUPEES
Source text: ID:nBSE5683hc
Further company coverage: GLEN.NS
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Glenmark Pharmaceuticals Receives MHRA Approval To Market Winlevi In UK
Feb 10 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
RECEIVES MHRA APPROVAL TO MARKET WINLEVI IN UK
WINLEVI APPROVED FOR TREATMENT OF ACNE VULGARIS IN PATIENTS AGED 12+
Source text: ID:nBSE85XZy7
Further company coverage: GLEN.NS
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Feb 10 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
RECEIVES MHRA APPROVAL TO MARKET WINLEVI IN UK
WINLEVI APPROVED FOR TREATMENT OF ACNE VULGARIS IN PATIENTS AGED 12+
Source text: ID:nBSE85XZy7
Further company coverage: GLEN.NS
(([email protected];;))
Glenmark Pharmaceuticals Launches Phytonadione Injectable Emulsion USP
Jan 21 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS - LAUNCHES PHYTONADIONE INJECTABLE EMULSION USP
Source text: ID:nNSEJjlCj
Further company coverage: GLEN.NS
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Jan 21 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS - LAUNCHES PHYTONADIONE INJECTABLE EMULSION USP
Source text: ID:nNSEJjlCj
Further company coverage: GLEN.NS
(([email protected];;))
Glenmark Pharma Says Glenmark Pharma Inc., USA Launches Lacosamide Oral Solution
Dec 16 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS INC., USA LAUNCHES LACOSAMIDE ORAL SOLUTION, 10 MG/ML
Source text: ID:nBSE28f2Ds
Further company coverage: GLEN.NS
(([email protected];;))
Dec 16 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS INC., USA LAUNCHES LACOSAMIDE ORAL SOLUTION, 10 MG/ML
Source text: ID:nBSE28f2Ds
Further company coverage: GLEN.NS
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India's Glenmark Pharma up on positive early-stage results for blood cancer drug
** Shares of Glenmark Pharmaceuticals GLEN.NS rise 2.6% to 1,554 rupees
** GLEN top gainer on Nifty Pharma index .NIPHARM, which is up 0.14%
** Ichnos Glenmark Innovation says early-stage results for its blood cancer drug, ISB 2001, showed promising results
** Ichnos Glenmark Innovation is a partnership between Ichnos Sciences and Glenmark Pharma to develop cancer treatments
** ISB 2001 developed for treating advanced multiple myeloma, a type of cancer developing in plasma cells
** 83% of 18 patients in study showed partial or complete response to treatment, with cancer going away completely in 20% - co
** Stock set to snap a four-day losing streak
** Analysts' avg rating on GLEN at "buy; median PT is 1,700 rupees - LSEG data
** Stock up ~55% YTD, while pharma index is up 33%
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
** Shares of Glenmark Pharmaceuticals GLEN.NS rise 2.6% to 1,554 rupees
** GLEN top gainer on Nifty Pharma index .NIPHARM, which is up 0.14%
** Ichnos Glenmark Innovation says early-stage results for its blood cancer drug, ISB 2001, showed promising results
** Ichnos Glenmark Innovation is a partnership between Ichnos Sciences and Glenmark Pharma to develop cancer treatments
** ISB 2001 developed for treating advanced multiple myeloma, a type of cancer developing in plasma cells
** 83% of 18 patients in study showed partial or complete response to treatment, with cancer going away completely in 20% - co
** Stock set to snap a four-day losing streak
** Analysts' avg rating on GLEN at "buy; median PT is 1,700 rupees - LSEG data
** Stock up ~55% YTD, while pharma index is up 33%
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
Glenmark Pharma Says Glenmark Pharmaceuticals Inc., USA Launches Travoprost Ophthalmic Solution
Nov 27 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS INC., USA LAUNCHES TRAVOPROST OPHTHALMIC SOLUTION
Source text: [ID:]
Further company coverage: GLEN.NS
(([email protected];;))
Nov 27 (Reuters) - Glenmark Pharmaceuticals Ltd GLEN.NS:
GLENMARK PHARMACEUTICALS INC., USA LAUNCHES TRAVOPROST OPHTHALMIC SOLUTION
Source text: [ID:]
Further company coverage: GLEN.NS
(([email protected];;))
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What does Glenmark Pharma do?
Glenmark Pharmaceuticals is a research-led, global pharmaceutical company, having a presence across Branded, Generics, and OTC segments; with a focus on therapeutic areas of respiratory, dermatology and oncology. The Company is primarily engaged in the business of development, manufacturing and marketing of pharmaceutical products.
Who are the competitors of Glenmark Pharma?
Glenmark Pharma major competitors are Abbott India, Alkem Laboratories, Aurobindo Pharma, Glaxosmithkline Phar, Ipca Laboratories, Ajanta Pharma, JB Chem & Pharma. Market Cap of Glenmark Pharma is ₹57,325 Crs. While the median market cap of its peers are ₹44,018 Crs.
Is Glenmark Pharma financially stable compared to its competitors?
Glenmark Pharma seems to be less financially stable compared to its competitors. Altman Z score of Glenmark Pharma is 7.94 and is ranked 6 out of its 8 competitors.
Does Glenmark Pharma pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Glenmark Pharma latest dividend payout ratio is 6.74% and 3yr average dividend payout ratio is 15.23%
How has Glenmark Pharma allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable
How strong is Glenmark Pharma balance sheet?
Balance sheet of Glenmark Pharma is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Glenmark Pharma improving?
Yes, profit is increasing. The profit of Glenmark Pharma is ₹1,065 Crs for TTM, ₹1,047 Crs for Mar 2025 and -₹1,501.67 Crs for Mar 2024.
Is the debt of Glenmark Pharma increasing or decreasing?
The net debt of Glenmark Pharma is decreasing. Latest net debt of Glenmark Pharma is -₹1,798.72 Crs as of Sep-25. This is less than Mar-25 when it was -₹1,215.19 Crs.
Is Glenmark Pharma stock expensive?
Glenmark Pharma is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Glenmark Pharma is 52.9, while 3 year average PE is 22.92. Also latest EV/EBITDA of Glenmark Pharma is 12.48 while 3yr average is 14.98.
Has the share price of Glenmark Pharma grown faster than its competition?
Glenmark Pharma has given lower returns compared to its competitors. Glenmark Pharma has grown at ~10.5% over the last 10yrs while peers have grown at a median rate of 15.38%
Is the promoter bullish about Glenmark Pharma?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Glenmark Pharma is 46.65% and last quarter promoter holding is 46.65%.
Are mutual funds buying/selling Glenmark Pharma?
The mutual fund holding of Glenmark Pharma is increasing. The current mutual fund holding in Glenmark Pharma is 17.86% while previous quarter holding is 16.31%.
