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Glenmark Pharma soared as management s bullish FY25 targets offset weak quarterly earnings. Despite widening losses due to impairment charges, adjusted net profit nearly tripled, driven by a stake sale in Glenmark Life Sciences. ....
Science News: Glenmark Specialty SA, a subsidiary of Glenmark Pharma, announced an exclusive marketing and distribution agreement with BeiGene, a global oncology co. ....
In recent months, several pharma multinational corporations (MNCs) are increasingly turning to Indian companies to expand market reach in the country s pharmaceuticals sector.
Sanofi s partnerships with Dr Reddy s, Cipla, and Emcure, AstraZeneca and Mankind Pharma - teaming up for asthma medication distribution - are a few instances of this trend.
This strategy allows MNCs to leverage established Indian networks and reach a wider audience. Indian companies also benefit from global brands and expertise, say analysts. ....
Week In Review: Arrivent BioPharma Raises $175M In IPO For In-Licensings From China seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.