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GLENMARKNSEGLENMARK PHARMACEUTICALS· Pharmaceuticals & BiotechnologyHighPositive
Announced Thu, 20 Aug, 2026 · 08:52 IST

Glenmark gets U.S. FDA approval for Fluticasone Nasal Spray

Regulatory Product ApprovalBusiness Updates View source PDFExplain this filing

GLENMARK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+3.8%Reaction day
₹2246.50
prior close
₹2264.00
announcement price
After-mkt
timing
Nifty Midcap 150market+0.4%+3.5% vs market
Pharmaceuticals peers, median of 173sector+0.2%+3.6% vs sector

On the reaction day the stock moved 3.5 pts more than Nifty Midcap 150 and 3.6 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.2
10m
+0.1
15m
+0.4
30m
+0.5
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+3.8+0.4+3.5+0.2+3.6
Next day
+3.2+0.4+2.7+0.4+2.8
2d
+6.4+0.5+5.9+0.4+6.1
3d
+6.0+1.0+5.1+0.0+6.0
4d
+8.8+1.0+7.8+0.7+8.0
5d
+9.5+0.9+8.6+0.6+8.9
1w
+10.4+1.0+9.4+1.5+8.9
15d
+7.5-1.7+9.2+2.1+5.4
1m
+9.4-2.1+11.5+3.1+6.4
2m
-2.3-9.0+6.7-4.3+1.9
3m
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UpDownMarket · Nifty Midcap 150Sector · Pharmaceuticals peers, median of 173Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Glenmark received U.S. FDA approval for Fluticasone Propionate Nasal Spray USP, 0.05 mg per spray, which is bioequivalent to Haleon's Flonase Nasal Spray. The product will be distributed in the U.S. by Glenmark Pharmaceuticals Inc. According to IQVIA data for the 12 months ending June 2026, the Flonase market had annual U.S. sales of about $295.2 million. The approval strengthens Glenmark's respiratory portfolio in the U.S.

Likely market impact

Positive for the stock. Opens access to a large U.S. market worth about $295 million and strengthens the company's U.S. respiratory franchise.