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Glenmark Pharmaceuticals trades higher on the bourses

18 Sep 2014 Evaluate

Glenmark Pharmaceuticals is currently trading at Rs. 742.85, up by 7.70 points or 1.05% from its previous closing of Rs. 735.15 on the BSE.

The scrip opened at Rs. 738.00 and has touched a high and low of Rs. 754.00 and Rs. 738.00 respectively. So far 15521 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 789.40 on 09-Sep-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. 789.35 and Rs. 718.25 respectively. The current market cap of the company is Rs. 20186.47 crore.

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

Glenmark Pharmaceuticals’ first in class Transient Receptor Potential Ankyrin 1 (TRPA1) antagonist, GRC 17536 has shown positive data in a Phase 2a double blind, placebo controlled, multi-centre, proof of concept study conducted on 138 patients in Europe and India. TRPA1 is an ion channel expressed on peripheral and spinal sensory neurons and it mediates pain signal transmission.

A statistically significant and clinically relevant response was seen in a prospectively-identified, substantial sub-group of patients with moderate to severe pain who had relatively intact sensory responses as detected by a standardized testing methodology. GRC 17536 was well-tolerated with no evidence of CNS or other drug related side effects.

Glenmark is a leading player in the discovery of new molecules both NCEs and NBEs. Glenmark has several molecules in various stages of clinical development and primarily focused in the areas of Inflammation, Pain and Oncology.

Glenmark Pharma Share Price

2247.90 -1.65 (-0.07%)
17-Apr-2026 16:59 View Price Chart
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