Strides Pharma

Strides Pharma

STAR.NSApproved
Bengaluru, IndiaFounded 1990strides.com

Strides Pharma is a global pharmaceutical company headquartered in Bengaluru, India, with a core mission to provide affordable, high-quality generic medicines worldwide. The company has established itself as a leader in niche and complex therapeutic segments, including anti-retrovirals, anti-malarials, and softgel technologies, with a significant footprint in the US, Africa, Asia, and other regulated markets. Its strategic direction involves expanding its portfolio of complex generics, biosimilars, and specialty products while leveraging its robust manufacturing and R&D capabilities. Key achievements include a successful IPO, strategic acquisitions, and a consistent track record of ANDA filings and approvals in the US market.

Market Cap
$889.7M
Founded
1990
Employees
4000-5000
Focus
Biotech

STAR.NS · Stock Price

USD 904.00+586.10 (+184.37%)

Historical price data

AI Company Overview

Strides Pharma is a global pharmaceutical company headquartered in Bengaluru, India, with a core mission to provide affordable, high-quality generic medicines worldwide. The company has established itself as a leader in niche and complex therapeutic segments, including anti-retrovirals, anti-malarials, and softgel technologies, with a significant footprint in the US, Africa, Asia, and other regulated markets. Its strategic direction involves expanding its portfolio of complex generics, biosimilars, and specialty products while leveraging its robust manufacturing and R&D capabilities. Key achievements include a successful IPO, strategic acquisitions, and a consistent track record of ANDA filings and approvals in the US market.

Technology Platform

Specialized expertise in complex generic formulation development and manufacturing, with leading capabilities in softgel capsule technology, sterile injectables, and the development of biosimilars.

Pipeline Snapshot

1

1 drug in pipeline

DrugIndicationStage
Favipiravir + NitazoxanideCovid19Phase 2

Funding History

2

Total raised: $50M

Debt$50MGoldman SachsJun 15, 2021
IPOUndisclosedUndisclosedAug 15, 2000

FDA Approved Drugs

95
FLUOXETINE HYDROCHLORIDEANDASep 13, 2024
THEOPHYLLINEANDASep 5, 2024
SUCRALFATEANDAMay 21, 2024

Opportunities

Significant growth opportunities exist in the complex generics and biosimilars markets, where Strides's technical expertise provides a competitive edge.
Expanding access in emerging markets and leveraging its softgel leadership for new prescription products are additional key growth vectors.

Risk Factors

The company faces intense pricing pressure in key markets, regulatory scrutiny of its manufacturing facilities, and execution risks associated with its complex product pipeline and debt reduction goals.

Competitive Landscape

Strides competes with large Indian and global generic manufacturers, differentiating itself through specialized capabilities in softgels, injectables, and complex products, alongside a balanced presence in both regulated and emerging markets.

Publications
5
Patents
1
Pipeline
1
FDA Approvals
95

Company Info

TypeTherapeutics
Founded1990
Employees4000-5000
LocationBengaluru, India
StageApproved
RevenueRevenue Generating

Trading

TickerSTAR.NS
ExchangeNSE

Therapeutic Areas

Infectious DiseaseOncologyCentral Nervous SystemCardiovascularPain ManagementGastrointestinalWomen's Health

Partners

Various global distribution partnersPotential commercialization partners for biosimilars
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