Marksans Pharma’s UK subsidiary, Relonchem Limited, has received MHRA authorization to market Cetirizine, a popular antihistamine. The approval strengthens its generics portfolio in Europe, ensuring steady demand and enhancing regulatory credibility. Analysts see this as a growth driver, reinforcing Marksans’ global expansion strategy in affordable healthcare solutions.
Marksans Pharma Ltd, a Mumbai-based global pharmaceutical company, announced that its wholly owned UK subsidiary, Relonchem Limited, has received marketing authorization for Cetirizine from the UK’s Medicines and Healthcare products Regulatory Agency (MHRA). Cetirizine, a widely used antihistamine, is prescribed for the relief of allergy symptoms such as hay fever, hives, and chronic rhinitis.
Regulatory Approval
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Relonchem Limited has secured MHRA authorization to market Cetirizine formulations in the UK.
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This approval strengthens Marksans’ generic drug portfolio in the European market.
Strategic Impact
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Cetirizine is among the most prescribed antihistamines, ensuring steady demand in the UK and EU.
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The authorization enhances Marksans’ credibility with regulators and expands its reach in the allergy treatment segment.
Market Context
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Marksans Pharma has been actively expanding its UK portfolio, with recent approvals for other generics.
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Analysts view this as a growth catalyst, boosting revenue visibility and reinforcing Marksans’ position in the competitive generics space.
This development highlights Marksans Pharma’s commitment to expanding its global footprint and delivering affordable healthcare solutions across key therapeutic areas.
Sources: EquityBulls, CNBC-TV18, FilingReader