Cutivate ointment 0.005%
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The drug has a market size of around $1.4 billion. Glenmark is already enjoying marketing exclusivity on the generic of GlaxoSmithKline’s anti-malaria drug, Malarone, and Nycomed’s Cutivate lotion. “Glenmark’s strategy will work for it in the long term.
In March, it initiated the launch of Fluticasone Propionate lotion, a copy of Nycomed's Cutivate lotion. Under the terms of the settlement agreement Glenmark will market and distribute its product under a royalty-bearing license from Nycomed.
On constant currency, the growth was at 38% YoY. The launch of 180 days exclusivity products for generic Malarone and cutivate and increase in prices of derma products also supported growth. The company launched 12 products in the US market in FY12.