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Glenmark, Yuhan Partner for Ryaltris, Eyes On US Trajectory

 
• By Anju Ghangurde and Jung Won Shin

Glenmark has kicked off 2019 with more regional deal-making, sealing an alliance for its investigational rhinitis asset with Yuhan in South Korea. But the outlook for the fixed-dose combination nasal spray also hinges on its US approval.

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GLENMARK CONTINUES TO PURSUE REGIONAL LICENSING FOR SELECTED ASSETS • Source: Shutterstock

Glenmark Pharmaceuticals Ltd. continues to push ahead with regional deals for some of its novel assets, this time licensing out its investigational rhinitis therapy, Ryaltris, to Yuhan Corp. in South Korea. (Also see "Glenmark Sets Sights On Regional Out-Licensing, Lot Riding On US Rhinitis NDA" - Scrip, 31 May, 2018.)

The Indian firm, which is keen to move up the innovation value chain from a largely pure-generics play, said that Yuhan will handle regulatory filing and commercialization of Ryaltris in South Korea under the exclusive deal

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