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Glenmark Pharmaceuticals Limited
 
 
 

Last Updated on October 28, 2021

 

Implementing Partners

 
 
 

Thematic Areas

  • Preventive Healthcare, Water and Sanitation
  • Education, Employability and Livelihoods Enhancement
  • Promoting national and rural sports, Paralympic, Olympic sports
  • Contribution to Central Government Fund
 
 
 
 
 

Glenmark Pharmaceuticals Limited

Glenmark House, B. D. Sawant Marg, Chakala, Off Western Express Highway, Andheri (E), Mumbai - 400 099., Mumbai, Maharashtra
 

Sector : Pharmaceuticals

International Origin : No

Company Type: Exchange Listed (BSE,NSE)

 
 

CSR Financial Details (INR Cr.)

Year
Actual CSR
Prescribed CSR
2020-2021
49.22 Cr
30.51 Cr
2019-2020
25.55 Cr
38.87 Cr
2018-2019
31.15 Cr
38.25 Cr
View all
 


Financial Insights

Estimated Prescribed CSR Budget FY 2020-21: INR 32.31 Cr



 

 

About the company

Enriching lives is why they exist, it is what they aim to accomplish and it is the promise of their brand to all the lives they touch. At Glenmark, they truly live this by discovering innovative molecules to address evolving needs of patients and producing effective medicines to help people lead fuller, healthier and happier lives.
Their evolution into a leading player in the drug discovery market has been fueled by the dedication to find cures for unmet medical needs. Glenmark has several first-in-class molecules, both NCE’s (New Chemical Entities) and NBE’s (New Biological Entities), in various stages of pre-clinical and clinical development. They have made a mark for themselves in this area by out-licensing seven of their molecules to leading multinationals. 

 

Glenmark was founded with a vision to emerge as a leading integrated research-based, global pharmaceutical company. Over the decades, we have established ourselves as a leading player in the discovery of new molecules both NCEs (New Chemical Entity) and NBEs (New Biological Entity). They have several molecules in various stages of pre-clinical and clinical development and are primarily focused in the areas of Oncology, Respiratory and Dermatology. Their branded generics business has a significant presence in markets across emerging economies including India. The generics business services the requirements of developed markets like US and Western Europe. Their API business sells products in over 80 countries including the US, various countries in the EU, South America and India

CSR Foundation Description

Glenmark Foundation

Instituted around the theme of ‘Healthier Children, Healthier World’, Glenmark Foundation, the CSR arm of Glenmark Pharmaceuticals, is actively working towards improving child health and reducing Infant/Child Mortality. According to the World Health Organisation (WHO), new-borns face the highest risk of dying within a few days of birth. Majority of these children can be saved by access to simple and affordable intervention. Almost half the number of early infant and child mortality incidents is caused by malnutrition. A few years ago, we conducted a detailed research in the field of child health and the key findings of the research directed us to initiate Project ‘Kavach’ which is our flagship CSR program. The word ‘Kavach’ means a shield and symbolizes protection.

Through our various interventions launched along with our NGO partners, we aim at encouraging a positive health seeking behaviour among pregnant women and mothers with infants, and caregivers towards right nutrition including – good hygiene practices and ensuring complete immunization for children. We have been able to positively impact over 6,18,617 lives through our various child health initiatives over the years.

 

 
 

Headquarter and Plant/Office Locations

Headquarter: Mumbai-Maharashtra
 
Plant/Office Locations: Nashik-Maharashtra, Goa, Goa, Pune-Maharashtra, Bharuch-Gujarat, Solapur-Maharashtra, Solan-Himachal Pradesh, Indore-Madhya Pradesh, Aurangabad-Maharashtra, Sikkim,
 

CSR projects of the company

 
Skill Development Program
Project Budget: INR 10.93 Cr
The company empower youth through skill development and vocational training programmes. This enables....
 
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Disaster Management and community development
Project Budget: INR 0.17 Cr
The company contributed to CSR by contributing towards disater relief and community development.....
 
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Project Kavach
Project Budget: INR 1.73 Cr
In Himachal Pradesh, we set up a Reproductive Child Health (RCH) centre in the Solan district, in pa....
 
More CSR Info >>
 
Transforming the ecosysytem of swimmimg in India
Project Budget: INR 5.00 Cr
During FY 2020-21 the Foundation actively engaged with swimmers and coaches through a series of cust....
 
More CSR Info >>
 
Education Infrastructure Development
Project Budget: INR 1.84 Cr
The company contributed to CSR by contributing towrads following projects -  Helped educational....
 
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PM Cares Fund
Project Budget: INR 17.94 Cr
The company contributed to CSR by contributing towards PM CARES fund.....
 
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COVID 19 Relief Activities
Project Budget: INR 9.12 Cr
The company contributed to CSR by distributing meals, PPE kits and other protective and preventive s....
 
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Providing aids and appliances to the differently abled persons
Project Budget: INR 0.60 Cr
Through their Jaipur foot program, they supported the rehabilitation of over 1,000 differently abled....
 
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Education Promotion
Project Budget: INR 0.74 Cr
The company contributed to CSR towards Rural Education program. The company believe that knowledge i....
 
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Sports Promotion
Project Budget: INR 7.30 Cr
The company contributed to CSR towards Transform the ecosystem of swimming in India. Glenmark Aquati....
 
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Rural Development Program
Project Budget: INR 0.18 Cr
The company contributed to CSR towards rural development program through Social and Ecomomic develop....
 
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Community Development
Project Budget: INR 13.49 Cr
The company contributed to CSR towards Social and Ecomomic development. The company  implemente....
 
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PWD Welfare Program
Project Budget: INR 0.60 Cr
The company contributed to CSR towards Providing aids and appliances to the differentlyable persons.....
 
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Learn and Earn
Project Budget: INR 0.45 Cr
Through our ‘Learn and Earn’ initiative the Company has been able to train over 1,500 yo....
 
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Promoting Healthcare Program
Project Budget: INR 6.00 Cr
The Company has contributed towards promoting healthcare program.....
 
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Child Health Program
Project Budget: INR 14.18 Cr
Glenmark Foundation, the CSR arm of Glenmark Pharmaceuticals, works towards improving maternal and c....
 
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Social and Economic Development
Project Budget: INR 0.35 Cr
The Company has contributed towards Social and Economic Development.....
 
More CSR Info >>
 
Rural education program
Project Budget: INR 3.69 Cr
The Company has contributed towards rural education program.....
 
More CSR Info >>
 
Promotion of Swimming
Project Budget: INR 6.40 Cr
The Glenmark Aquatic Foundation (GAF) promotes swimming as a sport in India and aims to improve the ....
 
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Healthcare Initiatives
Project Budget: INR 6.96 Cr
Despite improvements in healthcare facilities, children below the age of five constitute the most vu....
 
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Rural Education Program
Project Budget: INR 0.89 Cr
The Company has contributed some amount of money for rural education program in Maharashtra.....
 
More CSR Info >>
 
Transforming the ecosystem of swimming in India
Project Budget: INR 6.30 Cr
The Glenmark Aquatic Foundation was set up with an aim of creating more awareness about the sport an....
 
More CSR Info >>
 
Social & Economic Development
Project Budget: INR 11.00 Cr
Education is an important tool for anyone to succeed in life. With the objective of supporting the r....
 
More CSR Info >>
 
Providing Aids & Appliances to Differently-abled
Project Budget: INR 0.60 Cr
In a step towards promoting inclusive development and an opportunity to lead a productive life, we r....
 
More CSR Info >>
 
Transform the ecosystem of swimming in India
Project Budget: INR 6.34 Cr
The programme is called SAI Glenmark Talent Identification, Development and Management (SGTIDM). Thi....
 
More CSR Info >>
 
Rural Education Program
Project Budget: INR 7.05 Cr
At Glenmark, they supported the advancement of education. Through their efforts, Glenmark have helpe....
 
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Administrative & Overhead Expenses
Project Budget: INR 0.03 Cr
The company has spent some amount of money for Overheads and Administrative expenses.....
 
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Social and Economic development
Project Budget: INR 5.00 Cr
The Company has contributed some amount of money to Glenmark Foundation. Instituted around the theme....
 
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Healthcare Activities
Project Budget: INR 0.60 Cr
In a step towards promoting inclusive development and an opportunity to lead a productive life, Comp....
 
More CSR Info >>
 
Preventive Healthcare and sanitation
Project Budget: INR 1.40 Cr
Activities for the awareness of prevention of healthcare and sanitation programmes and health camps....
 
More CSR Info >>
 
Training to promote Olympic sports
Project Budget: INR 2.20 Cr
Transform the ecosystem of swimming in India to promote Olympic sports....
 
More CSR Info >>
 
Healthcare Activities
Project Budget: INR 1.84 Cr
Reducing child mortality and improving maternal health....
 
More CSR Info >>
 
Educational Activities
Project Budget: INR 6.50 Cr
Promoting and providng bettter educational facilities....
 
More CSR Info >>
 
Skill and Livelihood Development Projects
Project Budget: INR 0.64 Cr
Vocational skill livelihood enhancement projects Enhancing vocation skills especially among the d....
 
More CSR Info >>
 
 
 

 
 

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