Glenmark to partner with Novartis to promote, commercialize and distribute threerespiratory products in Brazil
? This arrangement will strengthen Glenmark?s respiratory franchise in Brazil
? Novartis will be responsible to manufacture the products and Glenmark will exclusively
commercialize the products in Brazil
Mumbai, India, June 24, 2019: Glenmark Pharmaceuticals Ltd (Glenmark), a research-led
global integrated pharmaceutical company, today announced that its Brazilian subsidiary, Glenmark
Farmac?utica Ltda has entered into an exclusive partnership agreement with Novartis Biosciences S.A,
a subsidiary of Novartis AG, for three respiratory products indicated towards treatment of the
symptoms of chronic obstructive pulmonary disease (COPD) in Brazil. This agreement will be effective
from July 01, 2019 onwards.
The products involved in the agreement are Seebri? (Glycopyrronium bromide), Onbrize? (Indacaterol)
and Ultibro? (combination of Indacaterol and Glycopyrronium), which are indicated for relief of
symptoms in adults with COPD.
?We are pleased to partner with Novartis in Brazil. This arrangement with a leading global
pharmaceutical company will strengthen our respiratory franchise in Brazil. This partnership is in line
with our vision to expand our respiratory product offerings for patients and prescribers in Brazil and
further consolidate our position in this segment,? said Glenn Saldanha, Chairman and Managing
Director of Glenmark Pharmaceuticals.
Under the terms of the agreement, Novartis remains the holder of the registration of these medicines
and will be responsible to manufacture them with all technical excellence in line with its global
commitment to quality, effectiveness and safety. Glenmark will be responsible for promoting,
commercializing and distributing of these products in Brazil.
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