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New Delhi: Glenmark Pharma on Monday launched its nasal spray Ryaltris, used for the treatment of moderate to severe allergic rhinitis, in India.
Glenmark is one of the leaders in the respiratory segment, has been the first to launch the branded generic version at an affordable cost for the treatment of allergic rhinitis in India. This will provide patients a far more convenient, cost-effective treatment option in the country, Glenmark said in a regulatory filing.
“While the average cost of therapy of top 10 existing brands of the similar drug category is Rs 365, Glenmark’s Ryaltris -AZ nasal spray has been launched at a breakthrough price of Rs 175 per pack of 75 metered doses (MD),” the company added.
Alok Malik, Group Vice President and Business Head, India Formulations said: “Respiratory segment is a key area of focus for Glenmark and the launch of this product will enable us to improve access to allergic rhinitis treatment by providing an effective, convenient, world-class, and affordable treatment option to patients in India”.
Shares of Glenmark Pharma were trading 0.14% higher at Rs 577.45 apiece on BSE.