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This is an archive article published on June 27, 2011

Glenmark shares up 3 pct on US nod

Shares of Glenmark Pharmaceuticals rose nearly 3 per cent on Monday.

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Shares of Glenmark Pharmaceuticals rose nearly 3 per cent after the company said one of its deals with Sanofi signed in May,had got US clearance and it has received $25 million upfront payment from the French healthcare giant. At 9.34 a.m.,shares of the company were up 2.15 per cent at Rs 318.60.

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