Filed - Glenmark
Filed - Glenmark
Filed - Glenmark
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Europe – Start-up phase<br />
Strategy & Progress<br />
<br />
Entry through a niche / branded strategy<br />
• Developing niche generic products, and partnering & creating alliances<br />
with European companies<br />
• Entered into a joint developing, filing and marketing deal for 8 derma products<br />
with Merck Generics, Germany for the European region. The first of these<br />
products has already been filed and is targeted to be launched in 2007; the<br />
remaining products are forecasted to be launched by 2010.<br />
• Expanding Inorganically in select branded generics markets in Europe<br />
• Currently in discussions with Potential company for acquisition<br />
<br />
Establish front-end<br />
• Europe headquarters, <strong>Glenmark</strong> Pharmaceuticals (Europe) Ltd., set up in<br />
2004<br />
• Team building completed<br />
• Potential front-end acquisitions under review<br />
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