GLENMARK: WCRC, Asia’s Most Promising Brands
Glenmark is a research-driven, global, integrated pharmaceutical company headquartered at Mumbai, India. It is a leading player in the discovery of new molecules, both NCEs (new chemical entity) and NBEs (new biological entity), with eight molecules in various stages of clinical development and pre-clinical development. The company has significant presence in branded formulations across emerging economies including India. Its subsidiary, Glenmark Generics Limited, services the requirements of the US and Western Europe markets.
BLAZE TO BRILLIANCE
Glenmark’s Formulations business today impacts over 100 million people across 5 continents. The formulations business focuses on therapeutic areas viz. dermatology, respiratory, oncology and cardio metabolic. Through its subsidiary Glenmark serves the requirements of the US and Western Europe generics markets. Glenmark also has a strong presence in the emerging economics including India.
This business has three dedicated R&D centres. Glenmark’s R&D Center has a complete end to end setup with expertise in all areas of NCE (new chemical entity) and NBE (new biological entity) discovery and development ranging from target selection to clinical development. The NBE research center at Neuchatel, Switzerland also has an in-house anti-body manufacturing facility for development of clinical trial material. The R&D centers also boasts of a large number of highly qualified scientists. Glenmark has actively followed the strategy of out-licensing its molecules in clinical development to large multinational pharmaceutical organizations. This out licensing strategy has been successful so far with seven deals struck by the organization collecting USD 217 million as upfront and milestone payments.
ENGAGEMENT THAT ENTHRALLS
Glenmark has 16 manufacturing facilities across 5 countries. Glenmark’s manufacturing facilities have been found compliant by various regulatory agencies across the globe such as US FDA, MHRA UK to name a few.
Glenmark’s drug discovery efforts are focused on meeting the unmet medical needs of the world. Glenmark have a robust pipeline of 8 molecules – 3 NCEs and 5 NBEs in various stages of preclinical and preclinical development in therapeutic areas like inflammation (asthma/COPD, rheumatoid arthritis etc.), metabolic disorders (diabetes, obesity, etc.) and pain (neuropathic pain and inflammatory pain).The molecules are either first-in-class or best-in-class that are aimed at meeting the un-met medical needs.
The company aims to emerge as a leading integrated research – based global pharmaceutical company.
The real force behind Glenmark’s continues success is it’s over 12,000 strong workforce from more than 50 nationalities committed to creating a new way for a new world.