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Glenmark Reaps Favipiravir Gains, Progresses COVID-19 Nasal Spray

Emergency India Go-Ahead For NO Spray?

 
• By Anju Ghangurde

Strong run on Indian market for Glenmark in fiscal Q1, with the company optimistic of prospects for new introductions including generic Brovana in the US, where it expects close to double-digit growth in Q2. All eyes are also on the launch timelines of a partnered nitric oxide nasal spray for COVID-19.

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Sharp gains on home market for Glenmark in Q1 • Source: Alamy

Antiviral favipiravir used for the treatment of COVID-19 steered Glenmark Pharmaceuticals Limited to a “landmark” fiscal first quarter ended 30 June 2021 on home turf, while new launches such as generic Brovana (arformoterol tartrate) in the US appear promisingly poised as well.

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