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Friday, July 12, 2019

Glenmark, Torrent Pharma in licensing pact

Glenmark Pharmaceuticals Limited and Torrent Pharmaceuticals Limited have announced the signing up of a licensing agreement for co-marketing diabetes drug Remogliflozin Etabonate in India. In terms of the agreement, Glenmark will get an upfront payment, licence fees and royalties for the non-exclusive sub-licence rights from Torrent.

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