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USFDA approves Glenmark's acidity treatment generic drug

13 Jun 2024 , 03:14 PM

Glenmark received approval from the US FDA to market a generic drug for stomach acid conditions. The approval is for Esomeprazole Magnesium delayed-release capsules. Glenmark’s product is a generic version of Haleon US Holdings LLC’s Nexium.

At the time of writing on June 13, 2024 at 10:20 am, shares of Glenmark Pharma were trading at ₹1212, which is a 0.80% gain than the previous close. The stock has gained 86% gain than the previous close, and 41% since the beginning of the year.

Glenmark Pharmaceuticals Limited, an Indian multinational pharmaceutical company, is headquartered in Mumbai.

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  • Glenmark
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