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Last 885.35 INR
Change Today -10.60 / -1.18%
Volume 773.4K
GNP On Other Exchanges
As of 7:05 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

glenmark pharmaceuticals ltd (GNP) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/15/15 - 940.75
52 Week Low
05/27/14 - 514.00
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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glenmark pharmaceuticals ltd (GNP) Details

Glenmark Pharmaceuticals Limited, together with its subsidiaries, develops, manufactures, and markets pharmaceutical products. The company’s products include Crofelemer, an anti diarrheal drug for symptomatic relief of non-infectious diarrhoea in patients with HIV/AIDS on anti retro viral therapy; GRC 17536 for neuropathic pain and respiratory disorders; and GRC 27864, an orally bioavailable inhibitor of mPGES-1 to treat chronic inflammatory conditions, which is in Phase I trial. Its products also comprise Vatelizumab (GBR 500) that is in Phase II study for multiple sclerosis; GBR 900, which is in is Phase I trial for the treatment of chronic pain targeting TrkA, the receptor of nerve growth factor; and GBR 830, an anti-OX40 monoclonal antibody for autoimmune disorders. In addition, the company is involved in the formulations business that focuses on therapeutic areas, such as dermatology, anti-infectives, respiratory, cardiac, diabetes, gynecology, CNS, and oncology. It has operations in India, Latin America, Europe, the United States, and internationally. Glenmark Pharmaceuticals Limited was founded in 1977 and is headquartered in Mumbai, India.

11,000 Employees
Last Reported Date: 07/1/14
Founded in 1977

glenmark pharmaceuticals ltd (GNP) Top Compensated Officers

Chairman of The Board, Chief Executive Office...
Total Annual Compensation: 57.1M
Chief Financial Officer and Executive Directo...
Total Annual Compensation: 16.3M
Director of Corporate Affairs, Executive Dire...
Total Annual Compensation: 18.3M
Compensation as of Fiscal Year 2014.

glenmark pharmaceuticals ltd (GNP) Key Developments

Glenmark Pharmaceuticals Inc. Receives Tentative ANDA Approval for Rufinamide Tablets USP

Glenmark Pharmaceuticals Inc. has been granted tentative approval last week by the United States Food & Drug Administration (U.S. FDA) for its Rufinamide Tablets USP, 200 mg and 400 mg, a therapeutic equivalent of Banzel® Tablets of Eisai Inc. Under the terms of a settlement agreement between Glenmark and Eisai, Glenmark will be permitted to market this product in the United States on May 30, 2022 or potentially earlier under certain circumstances.

Indian Court Bars Glenmark Pharmaceuticals from Selling Merck Drug Copies

India's Supreme Court has barred Glenmark Pharmaceuticals from making and selling copies of Merck's diabetes drugs Januvia and Janumet. The court has, however, allowed Glenmark to continue to sell existing inventory, according to the document posted on the Supreme Court's website after a hearing. The decision against Glenmark comes two years after Switzerland's Novartis AG was denied patent protection for its cancer treatment Glivec in a landmark decision by India's Supreme Court that was widely seen as boosting the local generic drugs industry. Anti-diabetes drugs are the top-selling therapy area in India, where about 65 million people live with the disease and that number is expected to reach 100 million by 2030. Merck sued Glenmark in 2013 for infringing a patent it has on sitagliptin, the chemical compound in Januvia and Janumet, both of which the company has been selling in India since 2008.

Glenmark Pharmaceuticals Ltd., Board Meeting, Apr 17, 2015

Glenmark Pharmaceuticals Ltd., Board Meeting, Apr 17, 2015. Agenda: To decide to raise funds by way of issue of upto 10,800,000 equity shares of INR 1 each for cash to Aranda Investments (Mauritius) Pte Ltd.; and to decide to convene an extraordinary general meeting of the company.


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Valuation GNP Industry Range
Price/Earnings 46.8x
Price/Sales 3.7x
Price/Book 7.6x
Price/Cash Flow 32.4x
TEV/Sales 3.3x

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