Top News
Next Story

Torrent Pharma to co-market Glenmark's diabetes drug Remogliflozin Etaboriate in India Infosys profit falls 6.8% in June Quarter, raises FY20 constant… Tata Communications joins hands with Thales to develop a secure… L&T to construct a strategic project for the Indian Air… TCS Q1 net profit up 11% to Rs 8,131 crore on strong digital…

Send Push
11th July, 2019 17:37 IST

Mumbai: Glenmark Pharmaceuticals Ltd. (Glenmark) has entered into a non-exclusive sub-licensing agreement with Torrent Pharma to co-market sodium glucose co-transporter-2 (SGLT2) inhibitor, Remogliflozin Etabonate (Remogliflozin) in India. Under the terms of the agreement, Glenmark will receive license fees and royalties for the non-exclusive sub-license rights from Torrent. Glenmark will manufacture and supply Remogliflozin while Torrent will market the drug under its own trademark ‘Zucator’ in India.

In April 2019, Glenmark received approval from the Drugs Controller General of India (DCGI) for Remogliflozin Etabonate after successfully completing Phase-3 clinical trials in which Remogliflozin demonstrated good efficacy and safety profile in a head-to-head comparison against Dapagliflozin.

Subsequently, Glenmark launched Remogliflozin indicated in the treatment of Type 2 Diabetes Mellitus in adults under the brand names ‘Remo’ and ‘Remozen’ while Torrent will commercialize Remogliflozin under the brand name ‘Zucator’. Moreover, Remogliflozin is available at a breakthrough price that .is significantly lower and cost-effective over other SGLT-2 inhibitors available in the country.

Explore more on Newspoint
Loving Newspoint? Download the app now