The product was developed by Celon Pharma and Glenmark has marketing and distribution rights for the product across 15 European countries.
"This is Glenmark's first inhaled respiratory product launch in Europe. Glenmark is the first generic company to receive regulatory approval for substitution in Denmark for its generic of Seretide Accuhaler," Glenmark Pharmaceuticals Ltd said in a BSE filing.
Glenmark had entered into a strategic development and licensing agreement with Celon Pharma S.A. to develop and market a generic version of GlaxoSmithKline's Seretide Accuhaler product - Fluticasone/Salmeterol dry powder inhaler in 15 European countries.
Shares of Glenmark Pharma were trading 0.25 per cent lower at Rs 505 on BSE.
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