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GlaxoSmithkline Pharma decides to enter into India-specific alliance

04 Feb 2013 Evaluate

Multinational drug-maker, GlaxoSmithkline Pharmaceuticals has decided to enter into India-specific alliance, which will be for a product that is a new area for the company. With this decision to bring in niche products from other drug-majors through in-licensing deals, the company aims to expand the operations locally.

The entity’s existing alliances in the local market include ones with Daiichi-Sankyo on hypertensive Olmesartan Medoxomil, and with Astellas on anti-fungal drug Micafungin.

Peers
Company Name CMP
Sun Pharma. Inds. 1855.00
Dr. Reddys Labs. 1147.20
Cipla 1359.00
Lupin 2046.00
Zydus Lifesciences 1110.20
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