Shots:
- Dr. Reddy to acquire Glenmark’s brands Momat Rino (for Russia, Kazakhstan, and Uzbekistan), Momat Rino Advance (for Russia), Momat A (for Kazakhstan & Uzbekistan), Glenspray, and Glenspray Active (for Ukraine) along-with rights to the trademarks, dossiers, and patents for the mentioned territories
- The acquired products will further strengthen Dr. Reddy’s presence in the anti-allergy segment in the countries
- The divestiture of the Momat Rino brand and its extension complements Glenmark’s strategy to launch Ryaltris in Russia and CIS countries. The launch will strengthen Glenmark’s respiratory franchise in the territories
Click here to read full press release/ article | Ref: Businesswire | Image: Businesswire
The post Dr. Reddy’s to Divest Select Anti-Allergy brands to Dr. Reddy’s in Russia and Other CIS Countries first appeared on PharmaShots.
