Glenmark Pharmaceuticals Launches TEVIMBRA® in India

Glenmark Pharmaceuticals Ltd. (Glenmark) a research-led, global pharmaceutical company, launched TEVIMBRA® (tislelizumab) in India following the approval by Central Drugs Standard Control Organization (CDSCO).

TEVIMBRA is a uniquely designed anti-PD-1 monoclonal antibody developed by BeiGene (now BeOne Medicines), a global oncology leader committed to delivering advanced treatments for cancer patients worldwide. It is indicated for the treatment of first-line locally advanced or metastatic non-small cell lung cancer (NSCLC) in combination with chemotherapy and second-line treatment of locally advanced or metastatic NSCLC and esophageal squamous cell carcinoma (ESCC) as monotherapy.

This launch marks Glenmark's first foray into immune-oncology in India and is a major milestone in expanding its innovative oncology portfolio. NSCLC is the most common type of lung cancer, representing over 80% of all lung cancer cases1. Similarly, ESCC is the most common histological subtype of esophageal cancer in India2. TEVIMBRA caters to the needs of this significant patient population by offering a differentiated and proven treatment option for these cancers.

"With the launch of TEVIMBRA, Glenmark is delivering on its commitment to transform cancer care in India by making globally benchmarked immunotherapies more accessible," said Alok Malik, President and Business Head - India Formulations, Glenmark Pharmaceuticals Ltd. "At a time when the cancer burden is rising sharply, we are proud to enable oncologists and patients to access TEVIMBRA, a therapy with proven efficacy and safety outcomes, strong science, and meaningful impact. Immuno-oncology offers a promising future for the treatment of various types of advanced cancers which are difficult to treat. Our foray in this area marks a significant inflection point in our journey to build a world-class oncology portfolio that is innovative, inclusive and at the same time life-changing for patients."

Shares of Glenmark Pharmaceuticals Limited was last trading in BSE at Rs. 1686.10 as compared to the previous close of Rs. 1636.95. The total number of shares traded during the day was 55753 in over 4348 trades.

The stock hit an intraday high of Rs. 1708.40 and intraday low of 1612.30. The net turnover during the day was Rs. 93958702.00.

Source : Equity Bulls

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GlenmarkPharmaceuticals INE935A01035 TEVIMBRA IndiaLaunch