MoneyWorks4Me

Strides Shasun receives USFDA approval For Abacavir Tablets

01 Nov 2016 Evaluate

Strides Shasun has received approval from the United States Food & Drug Administration (USFDA) for Abacavir Tablets USP, 300 mg. The US market for Abacavir is approximately $30 million according to IMS data. Abacavir Tablets is indicated for the treatment of HIV-1 infection in combination with other antiretroviral agents.

The product will be manufactured at the company’s USFDA approved facility at Bangalore and marketed by Strides in the US Market. The product will be launched immediately.

Strides Shasun (formerly known as Strides Arcolab) is a global pharmaceutical company headquartered in Bangalore, India that develops and manufactures wide range of IP-lead niche pharmaceutical products with an emphasis on sterile injectables.



Peers
Company Name CMP
Sun Pharma. Inds. 1853.50
Dr. Reddys Labs. 1202.80
Cipla 1397.20
Lupin 2090.00
Zydus Lifesciences 1202.00
View more..