Glenmark Pharmaceuticals slips after Delhi HC restricts sale of anti-diabetes drug
The Delhi HC has restrained the company from manufacture and sale of Merck Sharp and Dohme's anti-diabetes drugs Zita, Zita-Met
SI Reporter Mumbai Shares of Glenmark Pharmaceuticals were down nearly 3% at Rs 1,004 amid reports that the Delhi High Court on Wednesday restricted the company from manufacture and sale of anti-diabetes drugs.
The Delhi High Court restrained Glenmark Pharmaceuticals from manufacture and sale of US-based Merck Sharp and Dohme's anti-diabetes drugs Zita and Zita-Met, saying that it has infringed patent of the American company, Press Trust of India reported. (
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The stock opened at Rs 1,032 and touched a low of Rs 1,000. At 12:20PM, over 380,000 shares were traded on both the stock exchanges.
 "Glenmark Pharmaceuticals slips after Delhi HC restricts sale of anti-diabetes drug")
