Ursodiol is used for treatment of patients with primary biliary cirrhosis (PBC)
In a Q&A, pharma major's MD & CEO, R Ananthanarayanan says the firm is setting up a vaccine suite and is in final-stage talks with global players to seal a deal for developing a Covid-19 vaccine
Glenmark was the first Indian firm to get approval from regulator to conduct trials on Favipiravir tablets, which are otherwise used to treat influenza
Favipiravir is manufactured under the brand name Avigan by a unit of Japan's Fujifilm Holdings Corp and was approved for use as an anti-flu drug in the country in 2014
Firm says will apply to Indian pharma authorities to start studies
The Bengaluru-headquartered company posted a 358 per cent rise in net profit at 101 crore as compared to the corresponding quarter of the previous financial year
The Bengaluru-headquartered company believes Stelis could be a disruptor in insulin accessibility and affordability.
Ranitidine sales account for 2 per cent of Strides sales and 6 per cent of its profit after tax
It had posted a loss of Rs 8.70 crore for the corresponding period of FY19.
Strides predominantly sells Ranitidine tablets in the US markets
Strides Pharma Science said the site has undergone several successful USFDA inspections and has no outstanding observations
Strides Pharma Global Pte (Singapore) and Sun Moral International (Hong Kong), a wholly-owned subsidiary of Sihuan Pharmaceutical Holdings, have entered into a JV to form called Sihuan Strides.
The development comes in the backdrop of the recent regulatory developments in China which has enabled fast track approvals of differentiated high-quality generics approved in key regulated markets
The flagship facility in Bengaluru is the largest manufacturing facility for the company with capabilities to produce finished dosage products across multiple formats
USFDA has classified the facility as OAI based on the inspection conducted from January 28 to February 5, 2019
The stock moved higher by 6.4% to Rs 458 on BSE after the company announced that its JV has received USFDA nod for tapeworm infection treatment drug.
Consolidated revenue also saw a marginal degrowth of 4.6 per cent at Rs 7.3 billion
The stocks of Strides Pharma Science were trading flat at Rs 426.35 per scrip on the BSE, up 3.05 per cent over its previous close
The product will be marketed by Strides Pharma Inc in the US market
The tablets, used to treat hypokalemia, will be available in 600 mg and 750 mg dosage