Industry / India
Glenmark To Focus On Original Drugs
March 2008 | Company News AlertIndian drugmaker Glenmark Pharmaceuticals is looking to boost growth by spinning off its generics and active pharmaceutical ingredient (API) businesses, concentrating on original R&D and branded formulations. The company has also established a new subsidiary in Romania, boosting its presence in Central and Eastern Europe (CEE). BMI endorses these developments as the former will facilitate strategic investments, while the latter will result in increased
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