Centrum India is bullish on Glenmark with a price target of Rs 535 per share.
SaNOtize developed and patented a Nitric Oxide Releasing Solution platform technology (NORSTM) to treat and prevent microbial infections in 2017.
This will provide patients a far more convenient, cost-effective treatment option in the country, Glenmark said in a regulatory filing.
Ryaltris is indicated for symptomatic treatment of seasonal and perennial allergic rhinitis in adults and children over 12 years of age
Glenmark Pharmaceuticals rose 1.85% to Rs 496.35 after the company said it received final approval from the US drug regulator for topiramate extended-