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2024

Becomes the first to launch biosimilar of popular anti-diabetic drug, Liraglutide, in India.

Announces the signing of a license agreement with Jiangsu Alphamab Biopharmaceuticals and 3D Medicines
for KN035 (Envafolimab) for multiple geographies around the world. Envafolimab is innovative immuno-oncology product and
the first recombinant humanized single domain antibody against PD-L1 in a Sub-Q formulation.

2023

Becomes the second Indian pharmaceutical company to have its Green House Gas emission reduction targets approved by
the Science Based Target initiative.
Announces proposed divestment of majority stake in Glenmark Life Sciences (GLS). Agrees to divest 75% stake
in GLS to Nirma Limited.

Announces signing of distribution and license agreements with Cosmo Pharmaceuticals for Winlevi® in Europe and South Africa.

2022

U.S. FDA grants approval for RYALTRIS®, the company’s first global branded specialty drug for the treatment of symptoms of seasonal allergic rhinitis in adults and paediatric patients 12 years of age and older. Marketed by Hikma in the U.S. and Bausch Health in Canada.

Becomes the first Indian pharmaceutical company to raise a Sustainability-Linked Loan.

Continues to expand its over-the-counter portfolio in the USA with the acquisition of Approved Abbreviated New Drug Application (ANDA) from Wockhardt Limited.

2021

Glenmark Life Science gets listed on the Indian bourses, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

2020

Launches FabiFlu® (favipiravir) for mild to moderate COVID-19, which is exported to 24 countries by June 2021.

2019

Spins out its Active Pharmaceutical Ingredients (API) arm, Glenmark Life Sciences.

2018

Advances its Respiratory portfolio: The U.S. FDA approves RYALTRIS® (formerly known as GSP 301 nasal spray),
Glenmark’s top respiratory pipeline candidate, for review as treatment for seasonal allergic rhinitis.

2016

Launches differentiated generics: introduces Ezetimibe, generic version of Zetia® in the USA.

2015

Grows Respiratory portfolio: enters into an agreement with Celon Pharma, Poland for generic Seretide Accuhaler in Europe and
receives approval for its generic version in Russia.

2014

Commissions new manufacturing facility for injectables and oral solids in Monroe, North Carolina, USA.

2009

Commisions third research and development (R&D) centre in Taloja, Maharashtra, India.

2007

Enters the Central Eastern Europe market with the acquisition of Medicamenta, a Czech-based pharmaceutical company.
The manufacturing facility is now known as the Vysoke Myto.

2006

Makes debut in the Oncology segment with the launch of Aprecap® (aprepitant capsules) in India.

2005

Launches front-end commercial sales along with its first generic product in the USA.

Sets up its first manufacturing facility built to U.S. FDA specifications in Goa, India.

2004

Enters the European market by incorporating its subsidiary, Glenmark Pharmaceuticals Europe Limited.

2003

Establishes North American subsidiary, Glenmark Pharmaceuticals, Inc.

2002

Acquires API manufacturing units at Ankleshwar, Gujarat.

2001

Commences the production of APIs at Kurkumbh manufacturing facility in Maharashtra.

2000

Goes public; commands a market capitalization of USD 40 million on the Indian bourses, BSE and NSE.

1999

Sets up its first Research and Development center at Sinnar.

1987

Enters the Respiratory segment with the launch of Ascoril®, a cough expectorant, which has emerged as one of its most successful brands.

1983

Commissions its first manufacturing unit in Nashik.

1980

Commences operations in Russia and CIS.

1979

Makes its foray into the Dermatology therapy area with the launch of ‘Candid® Cream’; a top selling brand even today.

1977

Mr. Gracias Saldanha (Founder Emeritus) lays the foundation stone of Glenmark Pharmaceuticals.

2024

Glenmark and Ichnos take a collaborative leap to accelerate innovation in cancer treatment with the formation of their alliance, ‘Ichnos Glenmark Innovation’ (IGI). This alliance combines Glenmark’s research and development proficiencies in small molecules with those of Ichnos in novel biologics to continue developing cutting-edge therapy solutions that treat hematological malignancies and solid tumors. IGI’s pipeline features three innovative oncology molecules targeting multiple myeloma, acute myeloid leukemia and solid tumors, which are currently undergoing clinical trials.

2023

Glenmark Specialty, S.A. (GSSA) receives acceptance from U.S. FDA on its IND application for GRC 54276 to proceed with a Phase 1/2, first-in-human clinical study of the molecule for the treatment of patients with advanced solid tumors and lymphomas.

ISB 880, the out-licensed immunology asset of Ichnos, progresses to Phase 1 studies (initiated by its partner, Almirall, S.A.)

Ichnos receives Orphan Drug Designation from the U.S. FDA for two of its assets – ISB 1442, a first-in-class biparatopic 2+1 BEAT® bispecific antibody, and ISB 2001, a first-in-class Trispecific Antibody.

Ichnos makes an oral presentation at the 64th ASH Annual Meeting for ISB 2001, its first TREAT trispecific (BCMAxCD38xCD3) antibody.

Ichnos enters into an out-licensing agreement for its OX40 antagonist monoclonal antibody portfolio with Astria Therapeutics.

2022

Subsidiary GSSA, receives approval from the Indian drug regulator, Drug Controller General of India, to conduct a Phase 1
clinical trial of GRC 54276, a hematopoietic progenitor kinase 1 (HPK1) inhibitor.

2021

Ichnos out-licenses its IL-1RAP antagonist, ISB 880, to Almirall, S.A. for an upfront milestone payment of EUR 20.8 million.

Ichnos makes an oral presentation at the 63rd American Society of Hematology (ASH) Annual Meeting for ISB 1442,
as the first-in-class CD38 x CD47 2+1 Biparatopic BEAT® bispecific antibody for the treatment of relapsed/refractory multiple myeloma. ASH is the world’s premier event in malignant and non-malignant hematology; becomes the first India-origin company to be invited to make an oral presentation at ASH.

2019

Spins out an innovation subsidiary, Ichnos Sciences Inc. (Ichnos), to focus on immuno-oncology.

2018

Signs an exclusive licensing agreement with Harbour Biomed in Greater China to develop, manufacture and commercialize GBR 1302.

2016

Adds GBR 1302, GBR 1342 and GBR 1372 from the BEAT® platform to expand its Oncology portfolio.

2014

Establishes new antibody manufacturing facility to provide clinical GMP-grade biologics for clinical trials in La Chaux-de-Fonds, Switzerland.

2012

Out-licenses mPEGS-1 Inhibitor to Forest Laboratories for USD 15 million (upfront payment).

2011

Out-licenses its first New Biological Entity, GBR 500, to Sanofi-Aventis for USD 55 million (upfront and milestone payments).

2010

Out-licenses GRC 15300, its first-in-class TRPV3 antagonist, to Sanofi-Aventis for USD 25 million (upfront payment).

2007

Out-licenses first portfolio, TRPV1 antagonist molecules, to Eli Lilly for USD 45 million.

2006

Establishes its first research and development (R&D) Centre for New Biological Entities (NBE) / Biologics research in Switzerland.

Out-licenses its third molecule, Melogliptin, to Merck KGaA for USD 31 million (total payment).

2005

Strikes its second out-licensing deal for Oglemilast (GRC 3886) with Teijin Pharma, Japan for USD 6 million (upfront payment).

2004

Signs its first out-licensing agreement for Oglemilast (GRC 3886) with Forest Laboratories for USD 35 million
(upfront and milestone payments).

2000

Second R&D center set up at Mahape, Navi Mumbai, to drive innovation in Novel Chemical Entities / Small Molecules.