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Glenmark Ranks Number 1 in Dermatologist Prescriptions for Protective Emollients Category and Prescribing Derma Therapy,as per IQVIA MAT Dec 2023

Telugu super news,Mumbai, 20th March, 2024 – Glenmark Pharmaceuticals Ltd. (Glenmark), a research-led, global pharmaceutical company, has been ranked number 1 in dermatologists’ prescriptions in the protective emollients category and for prescribing derma therapy. This is based on the IQVIA medical audit for MAT Dec 2023 (as per Projected Prescriptions) in India. Projected prescriptions figures are for the period from Jan 2023 to Dec 2023.

Key products in Glenmark’s dermatology portfolio including Episoft®, Candid Dusting Powder®, Momate®, Canditral SB®, La Shield®, Scalpe®+, Tacroz® ointment, etc. have made significant strides in providing effective solutions for multiple dermatological conditions. The Company’s flagship brand Candid® Powder delivered revenue growth of 20% for Q3 FY24. La Shield® portfolio delivered YoY revenue growth of 20%, while Scalpe®+ portfolio witnessed YoY revenue growth of 12.2% in Q3 FY24.

Mr. Alok Malik, President and Business Head – India Formulations at Glenmark Pharmaceuticals Ltd, said, “We are very excited to be ranked number 1 by prescription in the dermatology therapy as per IQVIA. Our strategic focus and expertise in dermatology reflect our commitment to advancing dermatological care and addressing a broad spectrum of skin health needs of patients in India. Leveraging a robust derma portfolio that spans a wide array of treatments, Glenmark is at the forefront of addressing both common and complex skin conditions.”

Glenmark continues to outperform the market in the Dermatology segment. In the market analysis ending December 2023, the dermatology sector in Indian Pharmaceutical Market (IPM) grew 6.2% on a moving annual total (MAT) basis. GPL outperformed the overall market with a dermatology value growth of 9.9%. With a market share of 7.49% in the dermatology sector as per MAT Dec 2023.

Canon India rebrands its Ink Tank Printer Lineup as ‘MegaTank’ demonstrating technology supremacy in the category

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Telugu super news,India,september 28th,2023: Canon India, one of the leading digital imaging brands, today announced the rebranding of its PIXMA and MAXIFY ink tank printer lineup to PIXMA MegaTank and MAXIFY MegaTank. The rebranding of the printer range embodies Canon’s advances in inkjet printing technology that delivers best-in-class page yields for home offices and small businesses. It also conveys the brand’s commitment to providing superior quality printouts that meet the demands of modern customers who seek high-quality printouts at incredibly low costs.

Sharing his thoughts on the announcement, Mr. C Sukumaran, Senior Director, Product & Communication, Canon India said, “Committed to innovation, we are proud to showcase the best of Canon’s technology in high yield ink tank printers with our MegaTank rebranding. The affordability and versatility of ink tank printers, coupled with increased remote work and the growth of small businesses in the country, has significantly driven its recent uptake as an essential solution for diverse printing needs. And at Canon India, we have been quick to recognize this shift and have responded with an range of printers that cater to various applications that are optimised for home offices and enterprise customers. Our rebranding initiative is aimed at fuelling this growth further by aligning our products with evolving market trends and thereby enhancing our brand awareness in this category.”

 The MegaTank sub-brand represents the best characteristics of Canon’s ink tank printer series:

·        High Yield Ink Bottles for Ultra Low-Cost Printing: MegaTank represents the best of Canon’s research and development in high yield inkjet technology. With high yield up to 14,000 pages on a single set of replacement ink bottles, users can print more while spending less making it the ideal choice for homes, home offices, small businesses among others.

·        Unparalleled Ease of Use: User-friendliness has always been at the heart of Canon’s Ink Tank Printers. The new MegaTank sub-brand combines effortless installation, intuitive operation, and seamless connectivity for a hassle-free printing experience.

·        Easy Maintenance with Removable Maintenance Cartridges: MegaTank printers feature easily removable maintenance cartridges that are available from retail stores, so replacement is swift and straightforward. Users can enjoy uninterrupted productivity without unexpected visits to the service centre and time-consuming maintenance processes.

·        High-Quality Printing on Documents and Photos: Premium print quality can be assured with the MegaTank series, as it brings forth high-resolution printing that captures the finest details –be it crisp text documents or vivid photos. The MAXIFY MegaTank lineup even features pigment inks that create water resistant3 documents to mitigate impact from accidental spills.

·        Catering to All Needs: The Canon MegaTank lineup starts from essential models for home and home offices, to business-centred configurations catering to larger offices and small businesses. The MAXIFY MegaTank series also include productivity features such as auto duplex printing for resource conservation, swift print speeds to boost efficiency, extra-large paper cassettes for bulk printing, and the inclusion of pigment ink for water-resistance3 on documents and exceptional print longevity.