"This next-gen inhaler provides accurate digital dose counter along with low dose warning indicator to enable Asthma and chronic obstructive pulmonary disease (COPD) patients to track adherence to their therapy," the Mumbai-based firm said in a statement.
Currently, there are about 35 million asthmatics in India. As per WHO estimates in 2007, there were 300 million people suffering from asthma globally, and it is expected that the figure could increase by further 100 million by 2025.
There have been 2,50,000 deaths per year globally and 57,500 deaths annually in India.
Glenmark shares today ended at Rs 857 apiece on the BSE, down 0.20 per cent from its previous close.