Glenmark Pharma launches GLIPIQ (semaglutide) in India for Type 2 Diabetes at lower cost

Glenmark Pharma launches GLIPIQ (semaglutide) in India for Type 2 Diabetes at lower cost


Glenmark Pharmaceuticals has announced the launch of GLIPIQ (semaglutide) in India for the management of Type 2 Diabetes Mellitus (T2DM), positioning it as a more affordable GLP-1 therapy aimed at expanding access to advanced diabetes treatment.

The company said the decision to start advanced injectable therapy is often delayed in many patients due to cost and complexity. With GLIPIQ, Glenmark aims to improve affordability and enable earlier treatment initiation across a broader patient population.

GLIPIQ has been approved by the Central Drugs Standard Control Organization (CDSCO) following a multicentre, randomised, comparative, active-controlled, open-label Phase III clinical study conducted in India. The study demonstrated favourable efficacy and safety outcomes in Indian patients with Type 2 diabetes.

 

The drug is available in both vial and pre-filled pen formulations. The vial-based version, supported by dose-specific syringes, is designed to allow flexible, physician-guided dosing, particularly during the early stages of therapy. The company said this format is expected to offer a more cost-effective treatment option, with weekly therapy priced between Rs 325 and Rs 440.

The pre-filled pen formulation offers the convenience of self-dosing for long-term use. Together, the two formats are intended to provide a structured treatment pathway that supports adherence, continuity of care, and improved patient outcomes.

Alongside the product launch, Glenmark has introduced a patient support programme named Sankalp, aimed at assisting therapy initiation, improving comfort with injectable treatments, and supporting long-term adherence.

Semaglutide, a GLP-1 receptor agonist, is widely used in the management of Type 2 diabetes, particularly in patients with comorbidities such as obesity, cardiovascular disease, heart failure with preserved ejection fraction (HFpEF), and chronic kidney disease, due to its broader cardiometabolic benefits beyond glycaemic control.

Alok Malik, President and Business Head, India Formulations, Glenmark Pharmaceuticals, said, Affordability is one of the biggest barriers to initiating advanced diabetes therapy in India. With GLIPIQ, we are setting a new benchmark in affordability for GLP-1 therapy, with weekly treatment starting at Rs 325. The vial-based format enables us to offer a more affordable option while supporting clinically guided initiation and flexible dosing.

Building on our experience in the GLP-1 category, including Lirafit (Liraglutide), and supported by our Sankalp program, we aim to help more patients access, initiate, and continue therapy over time.

Glenmark Pharmaceuticals is engaged in the business of development, manufacturing, and marketing of pharmaceutical products, both formulations and active pharmaceutical ingredients, to regulated and semi-regulated markets.

Glenmark Pharmaceuticals reported a 15.9% jump in consolidated net profit to Rs 403.21 crore on a 17.8% increase in revenue from operations to Rs 3,888 crore in Q3 FY26 over Q3 FY25.

Shares of Glenmark Pharmaceuticals rallied 3.94% to Rs 2,181.05 on the BSE.

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Glenmark Pharma launches GLIPIQ (semaglutide) in India for Type 2 Diabetes at lower cost

India hits landmark of one billion tonne coal production


India has successfully achieved the landmark of 1 billion tonne (BT) coal production on 20.03.2026 for the second year in a row, according to Ministry of Coal. This significant milestone underscores Indias growing self-reliance in the energy sector and its commitment to ensuring uninterrupted fuel supply to key industries. The ministry noted that this enhanced and sustained coal production level has enabled the country to effectively meet rising energy demands while supporting the power sector in maintaining record-high coal stock levels at coal-based thermal power plants.

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First Published: Mar 21 2026 | 1:04 PM IST



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Glenmark Pharma launches GLIPIQ (semaglutide) in India for Type 2 Diabetes at lower cost

Swan Defence drops after OFS concludes


Swan Defence and Heavy Industries was locked in 5% lower circuit to settle at Rs 2165.80 after offer for sale announced by the company’s promoter, concluded on 19 March 2026.

Hazel Infra, the companys promoter, offered a base lot of 26,38,747 shares, representing 5.01% of the companys equity.

The floor price was set at Rs 1,900 per share, a discount of 20.82% to the stock’s closing price of Rs 2399.70 on 17 March 2026.

The OFS opened on March 18 for non-retail investors. Retail investors participated on March 19, along with non-retail bidders carrying forward unallotted bids. The offer was conducted through a special window on the BSE and NSE during market hours.

 

On Day 1 (T-day), the OFS received subscription for 28,39,234 shares. It was subscribed 119.55% on the total non-retail offer size of 23,74,872 shares.

On Day 2 (T+1 day), the OFS received subscription for 4,29,280 shares. It was subscribed 16.27% on the total offer size of 26,38,747 shares.

As of December 2025, Hazel Infra held a 94.91% stake in Swan Defence and Heavy Industries.

Swan Defence, formerly known as Reliance Naval and Engineering, is a shipbuilding and heavy fabrication company in India. Strategically located on the west coast of India, the shipyard operates the countrys largest dry dock and has a fabrication capacity of 144,000 tons per annum.

The company had reported a consolidated net loss of Rs 33.11 crore in the quarter ended December 2025 as against net loss of Rs 53.35 crore during the previous quarter ended December 2024. Sales surged to Rs 5.87 crore in Q3 FY26 from Rs 1.16 crore in Q3 FY25.

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Glenmark Pharma launches GLIPIQ (semaglutide) in India for Type 2 Diabetes at lower cost

Tata Motors PV announces marginal price hike on ICE portfolio from 1 April'26


Tata Motors Passenger Vehicle announced that it will increase the prices of its internal combustion engine (ICE) passenger vehicle portfolio, effective from 1st April 2026, to mitigate higher input costs.

The weighted average price increase will be 0.5 % of ICE portfolio and the extent will vary across models and variants.

Tata Motors Passenger Vehicles (formerly Tata Motors), part of the $180 billion Tata Group, is one of Indias leading automobile manufacturers, offering a diverse portfolio of cars and SUVs renowned for their design, safety, and performance.

The company reported consolidated net loss of Rs 3,486 crore in Q3 FY26 compared with net profit of Rs 5,406 crore in Q3 FY25. Revenue from operations fell 25.81% YoY to Rs 69,605 crore during the quarter.

 

Shares of Tata Motors Passenger Vehicles jumped 1.60% to end at Rs 314.15 on the BSE.

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Glenmark Pharma launches GLIPIQ (semaglutide) in India for Type 2 Diabetes at lower cost

Jubilant Foodworks announces change in senior management


With effect from 31 March 2026

Jubilant Foodworks announced that Gaurav Pande, Executive Vice President and Head, Corporate Strategy and Senior Managerial Personnel (SMP) of the Company, has resigned from the services of the Company
vide email dated 19 March 2026. His last working day would be 31 March 2026.

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First Published: Mar 21 2026 | 12:16 PM IST



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Glenmark Pharma launches GLIPIQ (semaglutide) in India for Type 2 Diabetes at lower cost

Delhivery receives NCLT approves for scheme of amalgamation


Delhivery announced that the Hon’ble National Company Law Tribunal (NCLT), New Delhi has approved the Scheme of Amalgamation (Scheme) for merger of Spoton Logistics (SLPL/ Transferor Company-1) and Spoton Supply Chain Solutions (SSCSPL / Transferor Company-2),
collectively referred as Transferor Companies into and with Delhivery (Company/Transferee Company) vide its order dated 20 March 2026.

The Appointed Date of the Scheme is 01 April 2025. The Scheme shall come into effect, upon filing of certified true copy of the order with the Registrar of Companies.

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First Published: Mar 21 2026 | 12:04 PM IST



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