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Strides Pharma Science zooms on developing, commencing export of Favipiravir Antiviral tablets

Strides Pharma Science Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 532531 | NSE: STAR

29 Apr 2020 Evaluate

Strides Pharma Science is currently trading at Rs. 437.90, up by 63.65 points or 17.01% from its previous closing of Rs. 374.25 on the BSE.

The scrip opened at Rs. 378.00 and has touched a high and low of Rs. 442.45 and Rs. 378.00 respectively. So far 176559 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 547.35 on 14-Feb-2020 and a 52 week low of Rs. 271.00 on 20-Mar-2020.

Last one week high and low of the scrip stood at Rs. 442.45 and Rs. 337.30 respectively. The current market cap of the company is Rs. 3929.68 crore.

The promoters holding in the company stood at 31.28%, while Institutions and Non-Institutions held 47.24% and 21.48% respectively.

Strides Pharma Science has developed and commercialized Favipiravir Antiviral tablets. The product is a generic version of Avigan of Toyama Chemical, Japan. Favipiravir is an antiviral medication that was initially developed to treat influenza in Japan. In February 2020, post the outbreak of Novel Coronavirus (Covid-19), Favipiravir was studied in China and several other countries as an experimental treatment of Covid-19. The drug has demonstrated positive outcomes, including a reduction in the duration of Covid-19 and improved lung conditions for the patients.

The company has developed Favipiravir tablets in 400mg and 200mg strengths for convenient dosage administration. The product is currently being exported to GCC countries to treat patients under their treatment program for Covid-19. Strides will also immediately apply to Indian Drug Authorities to commence necessary studies and make the drug available to Indian patients expeditiously.

Strides Pharma Science (Formerly Strides Shasun) is a pharmaceutical company with a major focus on development and manufacture of IP-led niche finished dosage formulations. It is also among the world’s largest manufacturers of soft gelatin capsules.

Strides Pharma Scien Share Price

1068.05 -2.85 (-0.27%)

24-Apr-2026 16:59 View Price Chart

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Sun Pharma Inds.	1619.95
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Strides Pharma Science zooms on developing, commencing export of Favipiravir Antiviral tablets

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