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Glenmark Pharmaceuticals Ltd. (GPL) is a research-driven, global, fully integrated pharmaceutical company headquartered at Mumbai, India. It employs over 4100 people across its global operations and its shares are listed on India’s two large stock exchanges, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The Company is a leader in India in the discovery of new molecules (Both NCES and Biologics) and is focused in the areas of inflammation [Asthma/COPD, etc] and metabolic disorders [Diabetes, Obesity, etc]. The Company has branded generic formulation interests in over 95 countries across the world including India, Europe, Brazil, Rest of Latin America (excluding Argentina), Russia/CIS, Africa and Asia. The formulations business spans several product segments such as Dermatology, Internal Medicine, Respiratory, Diabetes, Paediatrics, Gynaecology, ENT, and Oncology. Glenmark Generics Limited (GGL), is a subsidiary of Glenmark Pharmaceuticals Limited (GPL) that aims to be a global integrated generic and API leader. GGL has an established presence in North America, EU and Argentina and maintains marketing front-ends in these countries. GGL has a strong base in Formulations development with teams operating out of laboratories in India and Latin America. The Company has a state-of-the-art manufacturing plant at Goa, India that is approved by US FDA, TPD (Canada), MHRA, UK and many other overseas regulatory authorities. GGL also markets over 45 APIs to more than 80 countries across the world and had over 30 USDMFs filed and/or approved along with several DMFs in Canada. For more information click – Global Footprint Glenmark has built a visible and growing branded generic
formulation presence across all its markets in Latin America, Europe,
Asia, Africa and CIS countries. A number of its products have emerged
as brand leaders in India and some of these markets. Glenmark has made
acquisitions in Brazil, South Africa and Czech Republic and is currently
looking to acquire companies in Europe. Manufacturing Capabilities Over the years, Glenmark has strengthened its integration
across the pharmaceutical value chain through operations across its various
manufacturing plants:
Research and Development Research lies at the heart of Glenmark's
business as affirmed in its vision. Glenmark Pharmaceuticals Ltd. signed a landmark USD 190 million deal
with Forest Laboratories in 2004 for developing and marketing Oglemilast,
Glenmark’s lead molecule for Asthma/ COPD, for the North American
region. In February 2008, Glenmark further received a milestone of USD
15 Million from Forest Labs. Glenmark and Forest Labs are working together
closely to initiate additional studies for further long term development
of Oglemilast, including a Phase II study in Asthma. The Company signed
a similar deal with Teijin Pharma Ltd. for the Japanese territory for
USD 53 million a few months later. Glenmark has retained the marketing
rights for the rest of the world and is presently in discussions with
potential partners in Europe. |
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