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Last 1,090 INR
Change Today +17.60 / 1.64%
Volume 661.8K
As of 7:06 AM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

strides arcolab ltd (STR) Snapshot

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52 Week High
04/8/15 - 1,249
52 Week Low
05/12/14 - 417.62
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Current Stock Chart for STRIDES ARCOLAB LTD (STR)

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strides arcolab ltd (STR) Details

Strides Arcolab Limited, a pharmaceutical company, develops, manufactures, and sells pharmaceutical products in India and internationally. The company develops generic pharmaceutical product portfolio in therapeutic segments, such as immune-suppressants, anti-virals, antibiotics, complex vitamins, and anti-lipidemics; and offers general tablets, hard and soft gelatin capsules, sachets, potent drugs, liquid filled hard gel capsules, creams, ointments, and liquids and syrups. In addition, it provides branded generic products; supplies drugs in the anti-retroviral and anti-malaria segments; and is engaged in bio generics business, as well as offers and oncology, nephrology, critical care products. The company was formerly known as Strides Pharmaceuticals Private Limited and changed its name to Strides Arcolab Limited in 1996. Strides Arcolab Limited was founded in 1990 and is headquartered in Bengaluru, India.

1,500 Employees
Last Reported Date: 08/14/14
Founded in 1990

strides arcolab ltd (STR) Top Compensated Officers

Founder, Executive Vice Chairman, Managing Di...
Total Annual Compensation: 53.9M
Compensation as of Fiscal Year 2014.

strides arcolab ltd (STR) Key Developments

Strides Arcolab Ltd. Receives ANDA Approval from United States Food & Drug Administration for Polyethylene Glycol 3350, Sodium Chloride, Sodium Bicarbonate and Potassium Chloride for Oral Solution

Strides Arcolab Ltd. announced that it has received approval from the United States Food & Drug Administration for Polythene Glycol 3350, Sodium Chloride, Sodium Bicarbonate, and Potassium Chloride for Oral Solution, 420 grams/11.2 grams/5.72 grams/1.48 grams/4 Liters. The product will be manufactured at the company's Oral dosage facility at Bangalore and marketed by Strides in the U.S. market.

Strides Arcolab Launches Sofosbuvir in India Under the Brand Name Virso

Strides Arcolab has launched a generic drug Sofosbuvir in India under the brand name 'Virso'. In September 2014, Strides entered into a licensing agreement with Gilead Sciences Inc. to bring Hepatitis C cure to 91 developing countries. The product will be available to Indian patients shortly. Sofosbuvir is the first-in-class NS5B polymerase inhibitor to be launched in India for Hepatitis C treatment and represents a paradigm shift in the existing Hepatitis C management. The high potency, high barrier to resistance, pan genotypic activity, once-daily dosage, good safety profile and the limited drug-drug interactions of Sofosbuvir makes it a breakthrough drug in Hepatitis C treatment. This drug in combination therapy has shown to have high cure rates of around 90%. The launch in other markets is subject to approvals from the regulatory authorities in respective countries.

Strides Arcolab Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

Strides Arcolab Limited reported earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net profit after tax of INR 973.99 million or INR 16.29 per diluted share compared to INR 35.25 billion or INR 595.12 per diluted share for the same quarter ended December 31, 2013. Total income from operations was INR 2.42 billion compared to INR 2.53 billion for the same quarter ended December 31, 2013. For the nine months, net profit after tax was INR 4.63 billion or INR 77.38 per diluted share compared to INR 35.61 billion or INR 599.85 per diluted share for the same period ended December 31, 2013. Total income from operations was INR 6.59 billion compared to INR 8.07 billion for the same period ended December 31, 2013.


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