Glenmark Plans To Spin Out A US-Based ‘Innovation’ Business – And May Pull The Plug On Advair

 
• By Dean Rudge

Having amassed a significant pipeline of innovative assets, India’s Glenmark has made the choice to spin them off into a new company that will be housed in the US. 

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Spinning off its innovative assets will bring a “strong, heightened focus," Glenmark believes. • Source: Shutterstock

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