Glenmark Pharmaceuticals Limited — Important, 08-01-2025: General Updates

Glenmark Pharmaceuticals has changed the names of its Step Down Wholly Owned Subsidiaries as follows:

- Ichnos Sciences Inc. is now Ichnos Glenmark Innovation Inc.

- Ichnos Sciences SA has been renamed IGI Therapeutics SA.

- Ichnos Sciences Biotherapeutics SA is now IGI Biotherapeutics SA.

These changes reflect a strategic alignment with the Glenmark brand and could enhance the visibility and market perception of its subsidiaries. Monitoring the impact of this rebranding on Glenmark’s operations and competitive positioning is advisable, as it may create new growth opportunities and strengthen its presence in the biotechnology sector.