Glenmark Pharmaceuticals Limited - History, Latest Updates, Milestones, Subsidiaries & Share Price
Glenmark Pharmaceuticals Limited - Company Overview
Glenmark Pharmaceuticals Limited is a top international pharmaceutical company established in 1977. It is present in essential therapeutic fields like Respiratory, Dermatology, and Oncology and has grown in 80 countries. The company is recognized for its innovative culture, with various research and development sites and manufacturing units distributed on five continents. Glenmark develops specialty products, biosimilars, and complex generics proactively, thereby providing consistent growth in the pharma industry.
Glenmark Pharmaceuticals Limited Moves In 2025
January 2025
Introduced Vancomycin Hydrochloride Injection to the U.S. pharmaceutical market as part of its expanding product portfolio.
February 2025
Posted robust top-line revenue growth and better EBITDA margin for Q3 FY2025.
March 2025
Expanded its cardiometabolic treatment portfolio with the introduction of Empagliflozin in the Indian pharmaceutical market, enhancing its diabetes care offerings.
April 2025
Glenmark Pharmaceuticals Inc. initiated sales of Mixed Amphetamines Immediate-Release Tablets in the U.S.
May 2025
Board meeting to consider quarterly financial performance.
Glenmark Pharmaceuticals Ltd Share Price Performance
In May 2025, the Glenmark share price settled at Rs.1,381.70, reflecting a slight increase compared to April 2025, indicating steady market performance.
By April 2025, the Glenmark share price was at Rs.1,360.70, with minimal movements in market trends.
In March 2025, the Glenmark share price closed at Rs.1,412.50, which is a significant hike compared to February.
Throughout February 2025, the Glenmark share price settled at Rs.1,390.80, registering stability in its performance.
On January 2025, the closing price of Glenmark share was Rs.1,368.80, representing steady movement in the beginning of the year.
The Glenmark share price of Rs.1,342.40 as of December 2024 shows slight volatility when the year ended.
In November 2024, the Glenmark share price closed at Rs.1,356.80, reflecting a steady upward movement in the market.
On October 2024, the Glenmark share price closed at Rs.1,376.90, which is a reflection of positive market sentiments.
In September 2024, the Glenmark share price was at Rs.1,378.10, tending steadily.
As of August 2024, the Glenmark share price was Rs.1,376.30, showing very little fluctuation from last month.
In July 2024, the Glenmark share price closed at Rs.1,384.40, showing strength in terms of share movement.
In June 2024, the Glenmark share price closed at Rs.1,407.60, which was one of the better performances in the past year.
Evolution Of Glenmark Pharmaceuticals Limited: From Past to Present
1977-1999: Foundation & Early Growth
1977: Gracias Saldanha founded Glenmark Pharmaceuticals, with an emphasis on generic pharmaceuticals and active pharmaceutical ingredients (APIs).
1979: Forayed into the dermatology division with the introduction of Candid Cream, its first major product success.
1983: Commissioned its first manufacturing facility at Nasik, Maharashtra, to strengthen its production capabilities.
1989: Extended operations outside India, operating in Afghanistan, Sri Lanka, Kenya, and Mauritius.
1999: Went public on the Bombay Stock Exchange (BSE), utilizing proceeds to construct its first research center.
2000-2010: Global Expansion & Market Entry
2000: Listed on the National Stock Exchange (NSE), boosting investor involvement.
2001: Started API manufacturing business, diversifying into bulk drug manufacturing.
2004: Executed its first out-licensing agreement with Forest Laboratories for the GRC 3886 molecule, receiving $35 million.
2005: Entered the Japanese market with a licensing agreement with Teijin Pharma.
2006: Opened an R&D center in Switzerland to develop biologics.
2008: Became India's fifth-largest pharma company, with robust revenue growth.
2010: Strengthened its oncology research to lay the foundation for future breakthroughs.
2011-2020: Innovation & Specialty Medicines
2011: Registered $778 million of global sales, led by its foray into U.S. and European generics market.
2014: Entered an out-licensing agreement with Forest Labs for its mPGES-1 Inhibitor molecule, for which it received $15 million.
2016: Discovered GBR 1372, a bispecific monoclonal antibody oncology indication.
2017: Launched first generic equivalent of Zetia in the U.S., Ezetimibe, boosting cardiovascular portfolio.
2019: Established Glenmark Life Sciences to focus on high-value APIs.
2021-2025: Building Strength in Oncology & Research
2021: Expanded its pipeline of oncology indications, specifically for hematological malignancies and solid tumors.
2022: FDA approval of Ryaltris Nasal Spray marked a major development in the field of respiratory therapies.
2024: Set up Ichnos Glenmark Innovation (IGI), speeding up cancer drug development.
2025: Introduced Mixed Amphetamines Immediate-Release Tablets, broadening its neurology portfolio.
Glenmark Pharmaceuticals has transformed from a generic drug company to a worldwide leader in specialty pharmaceuticals, constantly innovating in oncology, respiratory, and dermatology therapies.
Glenmark Pharmaceuticals Limited Information
Company Information |
|
Trade Name |
Glenmark Pharmaceuticals Limited |
Founded year |
May 10, 2005 |
Headquarters |
Mumbai, India |
Industry |
Pharmaceuticals |
Chairman |
Glenn Saldanha |
Managing Director |
Glenn Saldanha |
Revenue |
Rs.13,306 crore (FY2023) |
NSE code |
GLENMARK |
BSE code |
532296 |
Inside Glenmark Pharmaceuticals Limited
Rolled out Mixed Amphetamines Immediate-Release Tablets.
Glenmark Pharmaceuticals successfully obtained regulatory approval for its Olopatadine Hydrochloride Ophthalmic Solution, enabling its market entry in the United States.
U.S. FDA inspected Glenmark's Indore manufacturing facility.
Glenmark share price NSE
Company Name |
Sector |
Share Price Link |
Glenmark Pharmaceuticals Limited |
Pharmaceuticals |
Conclusion
Glenmark Pharmaceuticals Limited continues to expand, riding on innovation, strategic expansion, and market dominance, further cementing its position as a pharmaceutical industry leader.
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Frequently Asked Questions
What is the glen pharma share price?
The Glenmark life share price can be found on Enrich Money.
How do I monitor Glenmark pharma stock price?
Glenmark share price can be found on Enrich Money
Where can I find the Glenmark share price on NSE?
You can look for the Glenmark share price NSE official website or on Enrich Money
What is Glenmark share price BSE?
Glenmark share price can be accessed on the BSE official website or Enrich Money
How has Glenmark share price performed this year?
The Glenmark share price has varied between Rs.1,336.00 and Rs.1,450.60 in 2025.
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