Moneycontrol PRO
HomeNewsBusinessStrides Shasun gets USFDA nod for generic Ibuprofen capsules

Strides Shasun gets USFDA nod for generic Ibuprofen capsules

The company's wholly-owned subsidiary Strides Pharma Global has received approval for Ibuprofen capsules in the strength of 200 mg from the United States Food & Drug Administration (USFDA), Strides Shasun said in a statement.

April 02, 2018 / 14:24 IST
Answer: Nostrum (File imagDivis Laboratories share price performance in FY18: Up 75 percent | FY19: Up 56 percent | FY20: Up 17 percent.e)
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Drug firm Strides Shasun today said it has received approval from the US health regulator for generic Ibuprofen capsules, 200 mg, used for relieving pain.

    The company's wholly-owned subsidiary Strides Pharma Global has received approval for Ibuprofen capsules in the strength of 200 mg from the United States Food & Drug Administration (USFDA), Strides Shasun said in a statement.

    The company's product is a generic version of Pfizer Inc's Advil Liqui-Gels 200 mg, it added.

    According to IRi data, the US OTC market for Ibuprofen capsules is approximately USD 300 million, Strides Shasun said.

    "With a focus to secure its API supply chain for the product, the company under prior approval supplements filing will apply for a source change to Solara Active Pharma Sciences, a group company having a leading API franchise," it added.

    The product will be commercialised in Q4 of FY19 post completion of API source change process, Strides Shasun said.

    The product will be manufactured at the company's oral dosage facility in Bangalore, it added. The company has 74 cumulative abbreviated new drug application (ANDA) filings with USFDA of which 45 ANDAs have been approved as of date and 29 are pending approval, Strides Shasun said.

    Shares of Strides Shasun were today trading at Rs 680.95 per scrip in the afternoon trade on BSE, up 1.32 percent from its previous close.

    PTI
    first published: Apr 2, 2018 02:16 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347