Glenmark Pharmaceuticals said that the company's US subsidiary Glenmark Generics Ltd. received US FDA approval for Ranitidine tablets of 150 mg and 300 mg tablets and would start distributing these products in US market. Ranitidine tablets are indicated in treatment of pathological hypersecretory conditions, the short-term treatment and maintenance of gastric ulcer patients, treatment of GERD and the treatment and maintenance of erosive esophagitis. It had sales in excess of $41 million for the 12-month period ended June 2008 as per IMS data.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.