Glenmark Pharma gets approval for inhaler product in Nordic countries

Published On: 01, Dec 2017 | Source:

Ltd on Friday said it has received approval for an inhaled respiratory product in Nordic countries, including Sweden, Denmark, Norway, and Iceland.

The company "has successfully closed the decentralised registration procedure for generic Seretide Accuhaler in the Nordic region", Glenmark Pharma said in filing.

"This will be Glenmark's first inhaled respiratory product approval in Europe, and re-enforces Glenmark's commitment in the respiratory area," it said.

The company added that the commercialisation of the product would depend on national approval as well as substitution and pricing approvals.

Glenmark had entered into a strategic development and licensing agreement with to develop and market a generic version of GlaxoSmithKline's Seretide Accuhaler product - Fluticasone / Salmeterol dry powder Inhaler in

Chairman & MD Glenn Saldanha said: "We will continue to work in the area of respiratory especially devices in and we will continue to launch products in this area in future".

The Fluticasone/Salmeterol dry powder inhaler is a combination product for the treatment of asthma and chronic obstructive pulmonary disease (COPD).

Seretide marketed by is among the top 3 pharmaceutical brands in with sales of $1.1 billion as per IMS, Glenmark said.

Shares of Glenmark Pharma were trading 0.66 per cent lower at Rs 561 on