Mumbai’s Glenmark Pharmaceuticals (BSE: 532296) has won approval in Russia for its innovative allergy med Ryaltris (olopatadine hydrochloride/mometasone furoate).
Traditionally associated with generics manufacturing, the Indian firm has been working on a strategy to expand its portfolio of innovative therapies, offered globally.
Operating via its Swiss subsidiary, Glenmark has already won approval for Ryaltris - a fixed-dose combination nasal spray - from Australia’s Therapeutic Goods Administration (TGA).
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