Companies

GBR 500 deal: Glenmark gets $25 m in final upfront payment

R.Y. Narayanan Coimbatore | Updated on July 11, 2011

Glenmark Pharmaceuticals Ltd has said that the GBR 500 deal signed by the company in May has received the second and final upfront payment of $25 million. With this payment, Glenmark has received the entire upfront payment of $50 million from Sanofi pertaining to the GBR - 500 deal.

Published on July 11, 2011

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