India Leads Growth: Glenmark Pharma Q2 Results | V.S. Mani | Pharma Sector

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Published on November 15, 2022 10:24:44 AM ● Video Link: https://www.youtube.com/watch?v=v6zWA3GLwm4

Duration: 7:32

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Speaking to ET NOW, V.S. Mani of Glenmark Pharmaceuticals Ltd speaks about the Q2 performance of the company, which witnessed US Sales rise by 10% QoQ reaching $95 Mn, while strong growth in India led to better gross margins. Moreover in Europe, the company also grew by around 11% during Q2. However, the US business remains challenging for the company due to price erosion and increased competition, but V.S. Mani expects the US business to grow from Q3 onwards. Find more in this video, only on ET NOW.
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