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Glenmark Pharma gains as its arm gets US FDA nod for Fluocinonide Cream

Glenmark Pharmaceuticals Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 532296 | NSE: GLENMARK

15 Jul 2014 Evaluate

Glenmark Pharmaceuticals is currently trading at Rs 546.25, up by 7.10 points or 1.32% from its previous closing of Rs. 539.15 on the BSE.

The scrip opened at Rs 542.00 and has touched a high and low of Rs 557.00 and Rs. 542.00 respectively. So far 33761 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs. 640.35 on 02-May-2014 and a 52 week low of Rs. 489.10 on 27-Nov-2013.

Last one week high and low of the scrip stood at Rs 600.00 and Rs 532.00 respectively. The current market cap of the company is Rs. 14824.08 crore.

The promoters holding in the company stood at 48.29 % while Institutions and Non-Institutions held 41.20% and 10.52% respectively.

Glenmark Generics Inc., USA, the subsidiary of Glenmark Generics (GGL), has been granted final approval from the United States Food and Drug Administration (US FDA) for its abbreviated new drug application (ANDA) for Fluocinonide Cream USP 0.1%, the generic version of Vanos Cream by Medicis.

Fluocinonide Cream is indicated for the relief of the inflammatory and pruritic manifestations of corticosteroid responsive dermatoses. Fluocinonide Cream garnered annual sales of around $103 million.

Glenmark Pharmaceuticals current portfolio consists of 93 products authorized for distribution in the U.S. marketplace and 71 ANDA’s pending approval with the U.S. FDA. In addition to these internal filings, GGI continues to identify and explore external development partnerships to supplement and accelerate the growth of the existing pipeline and portfolio.

Glenmark Generics is a subsidiary of Glenmark Pharmaceuticals and aims to be a global integrated Generic and API leader. GGL has an established presence in North America and developing an EU presence.

Glenmark Pharma Share Price

2247.90 -1.65 (-0.07%)

17-Apr-2026 16:59 View Price Chart

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Glenmark Pharma gains as its arm gets US FDA nod for Fluocinonide Cream

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