Press Release
Thursday, May 26, 2016
Strides Shasun Limited Strides House, Bannerghatta Road,
Bangalore - 560076.
Strides Shasun receives USFDA Tentative Approval for Efavirenz TabletProduct approval from Oral dosage facility at Bangalore
Bangalore, May 26, 2016 Strides Shasun Limited today announced that it has received tentative approval from the United States Food & Drug Administration (USFDA) for Efavirenz Tablet USP, 600 mg.The final approval will be received after Patent Expiry in August 2018.
According to IMS data, the US market for Efavirenz 600 mg Tablet is approximately USD 150 Million. The product will be manufactured at the Company's Oral dosage facility at Bangalore and marketed by Strides in the US Market.
About EfavirenzEfavirenz Tablet is indicated for the treatment of Human Immunodeficiency Virus Type 1 (HIV-1) infected adults and adolescents.
About Strides Shasun LimitedStrides Shasun, listed on the BSE Limited (532531) and National Stock Exchange of India Limited (STAR), is a vertically integrated global pharmaceutical Company headquartered in Bangalore. The Company has four business verticals, viz., Regulated Markets, Emerging Markets, Institutional Business and Pharmaceutical Services & Active Ingredients.
The Company has global manufacturing foot print with 14 manufacturing facilities spread across three continents including 6 US FDA approved facilities and 8 facilities for the emerging markets. The Company has three dedicated R&D facilities in India with global filing capabilities and a strong commercial footprint across 85 countries Additional information is available at the Company's website at www.stridesarco.com
For further information, please contact:Strides Shasun
Badree Komandur, Group CFO
+91 80 6784 0747
Vikesh Kumar +91 80 6784 0827
Kannan. N: +91 98450 54745
Sandeep Baid: +91 80 6784 0791
PR Consultancy
Fortuna PRK Srinivas Reddy: +91 9000527213 srinivas@fortunapr.com
K Priya: +91 9535425418
priya@fortunapr.com
Strides Arcolab Limited published this content on 26 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 May 2016 11:45:04 UTC.
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