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Strides Pharma jumps after its arm gets USFDA's nod for Butalbital, Acetaminophen, Caffeine Tablets

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

22 Sep 2020 Evaluate

Strides Pharma Science is currently trading at Rs. 680.25, up by 21.15 points or 3.21% from its previous closing of Rs. 659.10 on the BSE.

The scrip opened at Rs. 668.90 and has touched a high and low of Rs. 687.65 and Rs. 614.05 respectively. So far 109262 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 745.15 on 18-Sep-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. 745.15 and Rs. 614.05 respectively. The current market cap of the company is Rs. 6112.47 crore.

The promoters holding in the company stood at 29.71%, while Institutions and Non-Institutions held 46.18% and 24.11% respectively.

Strides Pharma Science’s step-down wholly owned subsidiary, Strides Pharma Global Pte., Singapore, has received approval for Butalbital, Acetaminophen, and Caffeine Tablets USP, 50 mg/325 mg/40 mg from the United States Food & Drug Administration (USFDA). The product is bioequivalent and therapeutically equivalent to the Reference Listed Drug (RLD), Butalbital, Acetaminophen, and Caffeine Tablets USP, 50 mg/325 mg/40 mg, of Actavis Laboratories FL, Inc.

According to IQVIA MAT July 2020 data, the US market for Butalbital, Acetaminophen, and Caffeine Tablets USP, 50 mg/325 mg/40 mg is approximately $ 40 Mn. The product will be marketed by Strides Pharma Inc. in the US market.

The company has 126 cumulative ANDA filings with USFDA of which 91 ANDAs have been approved and 35 are pending approval.

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

1007.15 6.45 (0.64%)

20-Apr-2026 11:09 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1673.55
Dr. Reddys Lab	1237.15
Cipla	1237.65
Zydus Lifesciences	941.70
Lupin	2324.00
View more..

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Strides Pharma jumps after its arm gets USFDA's nod for Butalbital, Acetaminophen, Caffeine Tablets

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