Hotline: 1800 102 2007
X
Search Business Opportunities
Jul, 10 2018

Glenmark expands its oncology franchise in India with launch of Helsinn's Akynzeo

The drug has been launched in the Indian market under an exclusive licensing agreement, the companies said in a joint statement.

Glenmark Pharmaceuticals and Swiss pharma group Helsinn today announced the launch of Akynzeo, a fixed dose combination drug for prevention of chemotherapy-induced nausea and vomiting, in India.

The drug has been launched in the Indian market under an exclusive licensing agreement, the companies said in a joint statement.

The product has been developed by Helsinn and Glenmark has exclusive marketing rights for it in India and Nepal, it added.

Helsinn is focused on helping people with cancer get the best out of every day and is pleased to be expanding its availability, said Helsinn Group Vice Chairman and CEO Riccardo Braglia.

"Akynzeo is a single-dose oral capsule for each chemotherapy cycle that covers both the acute and delayed phase of chemotherapy-induced nausea and vomiting (CINV)," Glenmark President India Formulations, Middle East and Africa Sujesh Vasudevan said.

The product is already being marketed in the EU, the US and several other leading markets of the world, the statement said.

Shares of Glenmark were trading at Rs 582.50 per scrip on BSE, up 0.09 per cent from the previous close.

Comment
Related opportunities
  • Juices / Smoothies / Dairy parlors
    About Us: Established in the year 2017, SCOSSA, a venture of..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ambala Haryana
  • Quick Service Restaurants
    About Us: Iyer's Delight: With a vision to spread the love..
    Locations looking for expansion Tamil nadu
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chennai Tamil nadu
  • Fashion accessories - women
    About Us: COVO is a premium accessories brand for Men and..
    Locations looking for expansion Karnataka
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • About Us: MCTA provides Job Ready Certification Programs in Digital Marketing..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 650
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities