NSE - Delayed Quote INR

Glenmark Pharmaceuticals Limited (GLENMARK.NS)

1,079.35

-0.95

(-0.09%)

At close: April 26 at 3:30 PM GMT+5:30

India's Glenmark Pharma posts Q2 loss on exceptional legal costs

India's generic drugmaker Glenmark Pharmaceuticals reported a loss in the second quarter, hurt by exceptional costs related to a legal settlement and higher expenses. Glenmark incurred an exceptional cost of 3.25 billion rupees, during the quarter, related to a legal case settlement with the U.S. Department of Justice, Antitrust Division and remediation costs at manufacturing sites in India and the United States. The branded formulations drugmaker, which focuses on dermatology, oncology and respiratory medication, said total revenue from operations rose 6.3% to 32.07 billion rupees, helped by growth in Europe and domestic businesses.

Reuters 5 months ago

GLENMARK.NS
-0.09%
Glenmark Pharma shares drop following major divestment of subsidiary

Shares of Mumbai-based Glenmark Pharmaceuticals fell 4.5% to Rs 790.25 on the National Stock Exchange (NSE) in early trade on Friday, following the company's announcement of a significant divestment in its subsidiary, Glenmark Life Sciences. The decline came after the stock reached a 52-week high of Rs 880 on Thursday.

Investing.com 7 months ago

GLENMARK.NS
-0.09%
Teva to pay $225M to settle cholesterol drug price-fixing charges

The generic drug maker Teva Pharmaceuticals agreed Monday to pay $225 million to settle price-fixing charges related to sales of a major cholesterol-lowering drug. The U.S. Department of Justice said the agreement also requires Teva to divest its business making and selling the drug, pravastatin, a generic version of the brand-name medicine Pravachol. Another generic drug maker, Glenmark Pharmaceuticals, agreed to pay a $30 million criminal penalty and to divest its pravastatin business as well.

Associated Press Finance 8 months ago

TEVA

GLENMARK.NS
-0.09%
Top 15 Pharmaceuticals Companies in India

In this article, we will take a look at the top 15 pharmaceutical companies in India. For more companies, click Top 5 Pharmaceutical Companies in India. India is the largest producer of generic medications and vaccines worldwide. It makes up about 20% of the entire amount of generic drug supply in the world. With almost 200 […]

Insider Monkey 11 months ago

GLENMARK.NS
-0.09%
LUPIN.BO

TORNTPHARM.BO

Performance Overview

Return	GLENMARK.NS	S&P BSE SENSEX
YTD	+26.39%	+2.06%
1-Year	+108.92%	+22.62%
3-Year	+95.74%	+53.99%

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Glenmark Pharmaceuticals Limited (GLENMARK.NS)

India's Glenmark Pharma posts Q2 loss on exceptional legal costs

Glenmark Pharma shares drop following major divestment of subsidiary

Teva to pay $225M to settle cholesterol drug price-fixing charges

Top 15 Pharmaceuticals Companies in India

Performance Overview