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Glenmark Pharmaceuticals trades higher on the BSE

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

02 Jan 2013 Evaluate

Glenmark Pharmaceuticals is currently trading at Rs 545.75, up by 6.00 points or 1.11% from its previous closing of Rs 539.75 on the BSE.

The scrip opened at Rs 545.00 and has touched a high and low of Rs 548.15 and Rs 543.00 respectively. So far 15037 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 550.50 on 27-Dec-2012 and a 52 week low of Rs 286.15 on 07-Mar-2012.

Last one week high and low of the scrip stood at Rs 550.50 and Rs 523.10 respectively. The current market cap of the company is Rs 14613.06 crore.

The promoters holding in the company stood at 48.33% while Institutions and Non-Institutions held 39.85% and 11.82% respectively.

Glenmark Pharmaceuticals - partner in US - Salix Pharmaceuticals, has received marketing approval from US Food and Drug Administration (USFDA) for Crofelemer 125 mg delayed-release tablets for the symptomatic relief of non-infectious diarrhea in patients with human immunodeficiency virus (HIV) / acquired immune deficiency syndrome (AIDS) on anti-retroviral therapy (ART).

Crofelemer is believed to improve HIV associated diarrhea via dual mechanisms of action with inhibition of both CFTR (Cystic Fibrosis Transmembrane Conductance Regulator Protein) and CaCC (calcium-activated chloride channel) resulting in reduced chloride ion secretion into the GI lumen.

Besides, the USFDA approval of Crofelemer for HIV associated diarrhea will pave the wave to launch Crofelemer across our territories. This is a significant approval milestone and will enable the first NCE launch by Glenmark across emerging markets.

Glenmark Pharma Share Price

2247.90 -1.65 (-0.07%)

17-Apr-2026 16:59 View Price Chart

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