GLENMARK / Q2-FY25 / risks

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Glenmark Pharmaceuticals · Material risks, their source context, and severity in the latest available quarter.

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WatchQ2-FY25 · 2024-10-30Back to quarter ↗

Risk intelligence

Material risks this quarter

US price erosion and competitive pressure

US generic market faces low single-digit price erosion; margins remain under pressure from competition.

medium

Monroe plant delay

Monroe plant has been non-operational; any further delay in FDA clearance could prolong the $25-26M annual cash burn.

high

Supply constraints for Lirafit

Lirafit (GLP-1 biosimilar) faced supply issues; resolution expected from December but could impact scaling.

medium

ROW growth slowdown

ROW revenue declined 4.1% YoY due to high base and geopolitical challenges; full-year growth guided at high single digit.

low